The post Why Is Ripple’s Price Down Today and What Is Next for XRP? appeared on BitcoinEthereumNews.com. Home » Crypto Bits XRP was rejected at $1.65 during theThe post Why Is Ripple’s Price Down Today and What Is Next for XRP? appeared on BitcoinEthereumNews.com. Home » Crypto Bits XRP was rejected at $1.65 during the

Why Is Ripple’s Price Down Today and What Is Next for XRP?

4 min read

Home » Crypto Bits


XRP was rejected at $1.65 during the weekend.

‘;
}
function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);
const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);
scriptEl.src = scriptURL.toString();
// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}
function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}
// Initial Load for Desktop
if (window.innerWidth > 768) {
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}
// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}
// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’Listen‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();


Summarize with AI


Summarize with AI

The promising start to 2026 has been quickly forgotten as the entire crypto market, as well as many other financial fields, has posted significant losses over the past couple of weeks, which only intensified during the weekend.

Ripple’s XRP was among the top performers by January 6 when it surged by 30% in days to a multi-week peak. However, the rejection at that point was quite brutal, and the token dumped by nearly 40% to a $1.50 low marked over the weekend. It bounced off to $1.67 on Sunday, only to be driven south below $1.55 earlier today.

Why Is XRP Down?

Despite recovering some ground to $1.57 as of press time, XRP is still 4% down on the day and a whopping 13% lower than this time last Monday. The most obvious answer to why it’s down so badly is the state of the broader market, which has lost $300 billion since Friday and $500 billion since last Wednesday.

However, XRP’s situation worsened last Thursday when ETF investors pulled out a record $92.92 million out of the funds, making it their worst single-day and weekly performance.

XRP CAPTAIN, a popular member of Ripple’s community on X, weighed in on the asset’s performance, indicating that it must remain above $1.60 otherwise risks a full capitulation.

Ali Martinez outlined the next support levels if this one is decisively broken, which are situated at $1.38 and $1.02 before a potential decline to under $1.00. In case of a price rebound, the first major resistance stands at $1.86, he added.

You may also like:

What’s Ahead, XRP?

CryptoWZRD said XRP had closed indecisively, but it needs to print a “more positive candle,” which will “only happen when bitcoin turns positive.” The analyst also noted that the XRP/BTC pair can move higher once the Bitcoin dominance starts to decline again, which hasn’t been the case lately.

ChartNerd was more positive. They noted that very few people expected XRP to dump below $2.00 when it surged to an all-time high of over $3.60 last summer. Now, though, even fewer people anticipate seeing it surge past $3.00 again, and their point was that the market rarely matches investors’ expectations.

SPECIAL OFFER (Exclusive)

SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).

Source: https://cryptopotato.com/why-is-ripples-price-down-today-and-what-is-next-for-xrp/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Trump roasts Mike Johnson for saying grace at prayer event: 'Excuse me, it's lunch!'

Trump roasts Mike Johnson for saying grace at prayer event: 'Excuse me, it's lunch!'

President Donald Trump in a speech at this year's National Prayer Breakfast roasted House Speaker Mike Johnson (R-LA) for saying grace at meals.The 79-year-old
Share
Rawstory2026/02/05 23:11
Where Can You Turn $1,000 Into $5,000 This Week? Experts Point Towards Remittix As The Best Option

Where Can You Turn $1,000 Into $5,000 This Week? Experts Point Towards Remittix As The Best Option

Cryptocurrency markets are again showing that opportunities can emerge when fundamentals, timing and demand intersect. Amid sideways price action in many major
Share
Techbullion2026/02/05 23:13
UK Looks to US to Adopt More Crypto-Friendly Approach

UK Looks to US to Adopt More Crypto-Friendly Approach

The post UK Looks to US to Adopt More Crypto-Friendly Approach appeared on BitcoinEthereumNews.com. The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation.  UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent discussed on Tuesday how the two nations could strengthen their coordination on crypto, the Financial Times reported on Tuesday, citing people familiar with the matter.  The discussions also involved representatives from crypto companies, including Coinbase, Circle Internet Group and Ripple, with executives from the Bank of America, Barclays and Citi also attending, according to the report. The agreement was made “last-minute” after crypto advocacy groups urged the UK government on Thursday to adopt a more open stance toward the industry, claiming its cautious approach to the sector has left the country lagging in innovation and policy.  Source: Rachel Reeves Deal to include stablecoins, look to unlock adoption Any deal between the countries is likely to include stablecoins, the Financial Times reported, an area of crypto that US President Donald Trump made a policy priority and in which his family has significant business interests. The Financial Times reported on Monday that UK crypto advocacy groups also slammed the Bank of England’s proposal to limit individual stablecoin holdings to between 10,000 British pounds ($13,650) and 20,000 pounds ($27,300), claiming it would be difficult and expensive to implement. UK banks appear to have slowed adoption too, with around 40% of 2,000 recently surveyed crypto investors saying that their banks had either blocked or delayed a payment to a crypto provider.  Many of these actions have been linked to concerns over volatility, fraud and scams. The UK has made some progress on crypto regulation recently, proposing a framework in May that would see crypto exchanges, dealers, and agents treated similarly to traditional finance firms, with…
Share
BitcoinEthereumNews2025/09/18 02:21