Ripple’s native token, XRP, has corrected by close to 45% over the past year and shed all the gains it generated in 2024-25. After reaching an all-time high of $3.65 in July last year, the leading altcoin is now close to plunging below the $1 mark. Its price is hovering around the $1.14 range with little to no price spurts this quarter.
Now that the steep correction phase is testing investors’ patience, the failure to see a bounce-back would lead to fewer investments. This could lead to further downside, making XRP stand a chance to fall below $1. On the heels of the volatility, when will the leading altcoin break out in value and head north? In this article, we will explain what could happen next to Ripple’s native token.
Also Read: When Can XRP’s Market Cap Reclaim The $200 Billion Mark?
What’s Next For XRP?
Not just XRP, but the overall market remains in turbulence as the US-Iran war peace negotiations are yet to conclude. The previous deal failed, and another round of negotiations is being held in Switzerland’s Bürgenstock. Diplomacy from both sides is in full swing, and a deal could be expected by the end of the month. Until then, the broader cryptocurrency market is expected to remain on the back foot.
Bitcoin and Ethereum remain in the red on Monday amid ongoing developments. XRP mostly moves in tandem with these two cryptocurrencies, and therefore, a spike in value remains questionable. The broader cryptocurrency market is under macroeconomic pressure that’s stunting its growth in the indices. A quick rebound from here is a herculean task and has more chances of a downside than an uptick.
Accumulating Ripple’s native token below the $1 level could be beneficial when the market recovers. An entry position, even at the $1.14 range, could erase the invested amount, as the global situation is not investor-friendly. Altcoins like XRP, Cardano’s ADA, Solana, and Binance coin, among others, are on the downward track.
Credit: Source link