XRP News Today: XRP Price Dumps 9% as Bearish Crossover Signals Pressure Below $3.50

The XRP community is navigating a turbulent phase as the token’s price plummeted to $3.254, triggering anxiety among traders and investors. The sharp decline, which erased recent gains and pushed XRP below critical psychological levels, has intensified scrutiny over its short-term trajectory. Abs Nassif, a prominent figure in the crypto space and host of the Good Morning Crypto show, highlighted the volatility on X, sharing a chart that illustrated the sudden drop. Nassif, however, sought to temper panic by emphasizing historical precedents, reminding followers, “We’ve been here before!” His message aimed to reassure long-term holders who view such dips as temporary setbacks rather than existential threats [1].

The sell-off followed XRP’s failed attempt to sustain levels above $3.50. After reaching a local high of $3.577, momentum reversed sharply, dragging the price down to $3.254. This decline is particularly significant given XRP’s recent all-time high of $3.65, which had been identified by analysts as a potential catalyst for further gains. Technical indicators reinforced the bearish shift, with the 7-day moving average (MA(7)) dipping below both the 50-day (MA(50)) and 100-day (MA(100)) averages—a classic bearish signal [1].

Despite the volatility, many XRP holders remain cautiously optimistic. Nassif’s reference to past corrections—such as June’s dip below $2—highlights the asset’s resilience. Historical data shows that similar downturns have often preceded major rallies, fueling speculation that this pullback could mirror previous rebounds. Analysts attribute this optimism to Ripple’s ongoing developments, including its cross-border payment solutions and institutional interest in XRP. However, these factors have yet to translate into sustained bullish momentum as the token remains mired in a $3.20–$3.50 range [1].

The broader market context adds complexity to XRP’s near-term outlook. Regulatory uncertainties, particularly around Ripple’s legal challenges and the U.S. president’s recent mention of Ripple’s stablecoin (RLUSD), have heightened sensitivity to news cycles. Meanwhile, social media platforms like 4chan’s business board have speculated on potential influences, though these remain unverified [2]. The mixed signals underscore the cryptocurrency market’s inherent volatility, where short-term dips often coexist with long-term bullish narratives.

At press time, XRP had stabilized slightly to trade at $3.29, offering a glimmer of hope for traders. A retest of the $3.50 level is seen as crucial for restoring confidence, while a breakdown below $3 could prolong bearish sentiment. Market analysts note that buyers have shown strength in recent sessions, suggesting a potential reversal may be imminent [1]. For now, the XRP Army remains split between panic and optimism, with the token’s future hinging on macroeconomic conditions, regulatory clarity, and the broader crypto ecosystem’s performance.

Source:

[1] [XRP Army In Panic Mode As Price Dumps Hard] [https://timestabloid.com/xrp-army-in-panic-as-price-dumps-hard/]

[2] [biz/ - /xsg/ XRP Schizo General 2454 - Business & Finance] [https://boards.4chan.org/biz/thread/60675080]