Ripple (XRP) is currently encountering intense market volatility. The token is currently stable at $2.27, down 5% in the last 24 hours. XRP price has been experiencing violent market corrections, despite the rising ETF buzz. With the market overall projecting a cautious stance, will Ripple be able to sustain this period with grace and vigor?
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Prospects of XRP Going Below $2
The Ripple (XRP) price has lately been attracting immense scrutiny and attention. The fact that the token is an active XRP ETF contender certainly adds more to the token’s charm; however, the recent market fluctuations have led the token to fall back, trading around $2.5 at press time. According to Sjuul Altcryptogems, a notable expert on X, XRP’s downgrade below $2.7 could be lethal for the asset, ending up pushing the token to explore lower price realms for the time being.
“$XRP looks a bit in trouble, kind of confirming a further lower high here on this rejection at $2.7. Should this lower high be confirmed, we could be in danger of visiting that lower support level. Right now, bulls have only one task: reclaim that $2.7; otherwise, we might be in real trouble!”
However, CoinCodex XRP stats tell a different story. Per CC, XRP is trying hard to hold on to its current price levels and may stay stable at $2.33 by the end of November 2025. The token is predicted to hit $2.70 by April 2025, so it’s safe to assume that the XRP price may not fall below $1. However, one must note how crypto markets are subjected to intense volatility; hence, discretion is advised before making any investment-related decisions.
Can XRP ETF News Help?
Despite the delay, XRP ETF news is once again gaining significant steam. Per Nate Geraci, host of ETF Prime, XRP ETFs could potentially be launched in the next two weeks, giving XRP enthusiasts a much-needed boost to look forward to.
“Sometime in the next two weeks, I expect the launch of the first spot XRP ETFs… The SEC had open litigation against Ripple for the past five years, up until three months ago. IMO, the launch of spot XRP ETFs represents the final nail in the coffin of previous anti-crypto regulators. Have come a LONG way.”
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