XRP News Today: XRP's $1.00 Target: Bearish Whales vs. ETF-Driven Bullish Hopes

XRP and Bitcoin Set for Synchronized Bottom? Analyst Predicts One Last Leg Down

The XRP price is facing a critical juncture as analysts forecast a potential 50%-55% decline to as low as $1.25, with extreme bearish scenarios targeting the psychological $1.00 level. This bearish outlook contrasts with longer-term bullish projections tied to ETF approvals and macroeconomic stability, highlighting the volatile uncertainty gripping the cryptocurrency market.

Technical analysis underscores the immediate risk of a breakdown. Current price action shows XRP trading below the critical $2.20 support zone at $2.14-$2.18, with key intermediate levels to monitor including the psychological $2.00 barrier, June 2025 lows at $1.90, and April 2025 lows at $1.61. A sustained move below $2.00 would confirm deeper bearish intentions, according to Master, a crypto analyst followed by over 53,000 traders on Twitter, who predicts a potential drop to $1.00 as a "capitulation" scenario. This extreme target aligns with historical volatility seen during the October 2024 deleveraging event, when XRP tested the $1.25 level.

The bearish momentum is being fueled by whale selling and broader market stress, despite recent inflows from XRP ETFs. "XRP slumps 11% despite ETF inflows as whale selling and market stress overshadow early institutional demand," reported Yahoo Finance. Satraj Bambra, CEO of Rails and managing partner at Round13, attributed the weakness to October's liquidation event, which triggered a liquidity vacuum and exacerbated downward pressure. "When markets are already weak, they don't need a fundamental reason to puke; they just need an opening," Bambra noted, emphasizing the compounding effect of macroeconomic uncertainty.

While short-term bearish targets dominate, some analysts remain cautious about longer-term prospects. Changelly's forecasts suggest a recovery scenario with XRP rebounding to $2.15-$2.45 by December 2025, and Coinpedia projects a $5.05 price by year-end under a bullish ETF approval case according to market analysis. However, these optimistic scenarios are overshadowed by the immediate technical breakdown and persistent selling pressure. Standard Chartered's 3-year $8 price target further illustrates the divergence between short-term bearishness and long-term fundamental optimism as reported by financial analysts.

The synchronized bearish dynamics between XRP and Bitcoin also raise questions about a potential market-wide bottom. Bitcoin's recent dip below $90,000 in October, coinciding with XRP's volatility, underscores the interconnectedness of crypto markets. Analysts warn that without a reversal in sentiment or significant macroeconomic shifts, XRP could test its yearly minimum at $1.25, with Bitcoin likely to follow a similar trajectory.