Eseandre Mordi
● XRP's slide continued, hitting $2.44—a level not seen since October 24. That's a 35% drop from its yearly peak. The selloff reflects classic "sell the news" behavior as the Fed cut rates and risk appetite cooled after the Trump-Xi talks.
● Technically, things look rough. Analysts are watching for a "death cross" between the 50-day and 200-day moving averages—usually a bad sign. If XRP breaks below $2.42, it could slide toward $2.00, triggering more liquidations. BLOC News Network points out that open interest in XRP futures crashed from $11 billion to just $4.26 billion as leveraged traders bailed out.
● The damage has been brutal, with billions erased from XRP's market cap in just days. But Ripple's fundamentals tell a different story. Supply of Ripple's stablecoin, $RLUSD, jumped 15%, showing real demand. The XRPR ETF now holds $113 million, proving institutions are still buying despite the volatility.
● XRP's drop fits a broader pattern across crypto as investors rebalance after the Fed's move. Short-term volatility is up, but Ripple's payment infrastructure and settlement network keep gaining ground.
● As BLOC News Network put it: "Short-term pain, long-term potential." While charts suggest more downside ahead, long-term holders see this as a buying opportunity. With Ripple pushing stablecoins and institutional products like the XRPR ETF, the ecosystem keeps maturing—even as speculation cools off.
● Traders are playing it safe for now, but analysts think XRP could bounce back once macro headwinds ease, given its real-world utility in digital finance.
Eseandre Mordi
