XRP News Today: XRP Falls Below $3.00 Amid Crypto Downturn and Whale Outflows

XRP, the native token of the Ripple network, is currently under bearish pressure as it struggles to maintain key support levels amid a broader downturn in the cryptocurrency market. Recent trading data shows that XRP has fallen below the critical $3.00 threshold, trading at $2.99 on major exchanges [2]. Analysts warn that a sustained decline below this level could push the token as low as $2.65, with further downside risk to $2.20 if bearish momentum continues [5]. This development comes after XRP briefly approached a psychological $5.00 high in the first quarter of the year but failed to sustain the rally [1].

The bearish trend is being fueled by macroeconomic uncertainties and whale outflows, with reports indicating daily outflows of up to $28 million in XRP holdings [6]. These movements reflect a growing sense of caution among institutional investors and market participants. Meanwhile, broader crypto market volatility has contributed to XRP’s 7% weekly decline [3], reinforcing concerns about its near-term trajectory.

In response to these uncertainties, traders are increasingly turning to alternative payment tokens, notably Remittix (RTX). Market observers describe RTX as a potential “XRP 2.0,” with features such as direct crypto-to-bank transfers in over 30 countries, referral incentives, and early-adopter bonuses driving its growing popularity [7]. The project has also launched a $250,000 giveaway and a crypto wallet beta, attracting attention from investors seeking more utility-driven exposure [1].

For XRP to stabilize, analysts suggest it needs to rebound above $3.10 to signal renewed buyer interest and test the $3.20 resistance level [4]. However, without a clear bullish breakout, the token remains vulnerable to further declines, particularly if Bitcoin’s performance continues to weigh on the broader market [1].

The emergence of RTX and similar projects highlights a broader trend of diversification within the payment token space. As investors seek alternatives to reduce risk during market downturns, the competitive landscape is evolving rapidly [8]. This shift underscores the importance of on-chain incentives and real-world utility in shaping trader sentiment and price dynamics.

Overall, XRP faces a challenging outlook unless it can regain momentum above key psychological levels. Until then, the token remains exposed to macroeconomic pressures and Bitcoin’s continued influence on the crypto market.

Source:

[1] CoinCentral - https://coincentral.com/xrp-price-prediction-3-level-at-risk-as-experts-hint-at-bitcoin-pullback-traders-hedge-with-rtx/

[2] TradingView - https://www.tradingview.com/symbols/XRPUSDT/ideas/?sort=recent

[3] CoinJournal - https://coinjournal.net/news/xrp-price-forecast-xrp-dips-7-as-crypto-downturn-threatens-bulls/

[4] AInvest - https://www.ainvest.com/news/xrp-news-today-xrp-dips-15-weekly-broader-crypto-market-retreat-2508/

[5] CoinJournal - https://coinjournal.net/news/xrp-price-needs-to-break-3-70-otherwise-we-could-see-2-20-retracement-traders-hedge-with-new-xrp-rival/

[6] MSN - https://www.msn.com/en-us/money/markets/sui-price-prediction-sui-5-ambitions-seem-more-realistic-than-ripple-s-xrp-but-a-payfi-alternative-could-outdo-both/ar-AA1JJ39O

[7] Bitcoin Insider - https://www.bitcoininsider.org/article/281246/chatgpt-predicts-cardano-outperform-solana-crypto-will-lead-altcoin-season-2025

[8] AInvest - https://www.ainvest.com/news/ethereum-news-today-ethereum-hovers-4-000-support-whales-shift-remittix-volatility-2508/