XRP's Plunge: Can $2.75 Support Halt the Bleeding as Macro Risks Loom?

Source: [1] XRP Slides 6% as Bitcoin Drop Slashes Bullish Sentiment (https://www.coindesk.com/markets/2025/09/26/xrp-slides-6-as-bitcoin-drop-slashes-bullish-sentiment) [2] XRP Price Prediction: Why Is XRP Going Down? (https://coinedition.com/xrp-price-prediction-why-is-xrp-going-down-23-09-2025) [3] XRP Historical Data - Investing.com (https://www.investing.com/crypto/xrp/historical-data) [4] XRP September 2025 Price Crash Surge: XRP crash warning... (https://economictimes.indiatimes.com/news/international/us/xrp-crash-warning-biggest-september-slump-may-be-coming-should-you-hold-or-sell/articleshow/123586050.cms) [5] Latest XRP (XRP) Price Analysis - CoinMarketCap (https://coinmarketcap.com/cmc-ai/xrp/price-analysis/) [6] Bitcoin, XRP, and Ethereum Are Falling. Here Are the 3 Main... (https://www.fool.com/investing/2025/09/25/bitcoin-xrp-and-ethereum-are-falling-here-are-the/?msockid=3cb4ab74a4c36df03646bd07a50e6cd7) [7] Crypto wrap: Bitcoin falls below $112K, Ethereum drops under... (https://invezz.com/news/2025/09/25/crypto-wrap-bitcoin-falls-below-112k-ethereum-drops-under-4k-xrp-down-2/) [8] Crypto Market Crumbles: Bitcoin, Ethereum, and XRP Plunge... (https://markets.financialcontent.com/stocks/article/marketminute-2025-9-25-crypto-market-crumbles-bitcoin-ethereum-and-xrp-plunge-dragging-down-publicly-traded-crypto-stocks) [9] Why Bitcoin, Ethereum, and XRP Prices Are Crashing... (https://coinpedia.org/price-analysis/why-bitcoin-ethereum-and-xrp-prices-are-crashing-today/) [10] Bitcoin, Ethereum Slip As Risks Of US Shutdown Loom... (https://stocktwits.com/news-articles/markets/cryptocurrency/bitcoin-ethereum-slip-as-risks-of-us-shutdown-loom/chDk6pwR3Ep) [11] XRP Volume Surges 140% Amid Oversold RSI Signal (https://xrprightnow.com/xrp-price-analysis/xrp-volume-surges-140-amid-oversold-rsi-signal/) [12] XRP Price Prediction: Analyst Reveals The Next... (https://coingape.com/xrp-price-prediction-analyst-reveals-the-next-crucial-targets-for-xrp/) [13] Exciting Times Ahead for XRP Holders - Times Tabloid (https://timestabloid.com/exciting-times-ahead-for-xrp-holders/) [14] Is This the Final XRP Price Correction Before a Surge to $8? (https://themarketperiodical.com/2025/02/28/is-this-the-final-xrp-price-correction-before-a-surge-to-8-analysts-weigh-in/) [15] XRP price prediction | Is Ripple undersold or oversold? (https://crypto.news/xrp-price-prediction-is-xrp-undersold-or-oversold/)

XRP’s price decline accelerated in late September 2025, dropping 5.83% to $2.75 amid heavy institutional selling and macroeconomic pressures. The token lost $18.94 billion in market value over seven days, breaking below the $3.00 psychological threshold . A critical $276.77 million volume spike at $2.80 on Sept. 25 confirmed resistance, pushing the price to $2.75 and triggering a test of the $2.70 support level . Analysts attribute the selloff to broader crypto market weakness, including Bitcoin’s decline below $109,000 and rising U.S. Treasury yields, which intensified risk-off sentiment .

Technical indicators underscore bearish momentum. XRP’s 14-day RSI fell below 50, while the MACD histogram remained negative, signaling sustained downside pressure . Key support levels now include $2.75–$2.77, with a breakdown risking a slide toward $2.70 . On-chain data revealed $392,000 in net inflows on Sept. 23, but overall flows remain negative, with persistent outflows dominating September . Whale activity, including $800 million in transfers over the past week, has heightened positioning risks .

Market sentiment remains cautious. The U.S. Federal Reserve’s hawkish stance and inflation concerns have limited crypto’s appeal as a risk asset . Meanwhile, the first U.S. XRP ETF (XRPR) underperformed expectations, with muted trading volumes and outflows of $79.36 million from Ethereum ETFs recorded on Sept. 24 . Analyst Joel Kruger of LMAX Group noted that traders are awaiting PCE inflation data and Fed commentary before extending risk positions .

A potential rebound hinges on several factors. The U.S. Treasury’s scheduled modernization of its payment infrastructure on Sept. 30 has sparked speculation about XRP’s utility in cross-border transactions, though institutional clarity is required for sustained price action . Additionally, XRP must hold the $2.75 support zone to avoid further declines. If buyers defend this level, a recovery toward $2.95 resistance could follow .

Long-term bulls point to Fibonacci retracement levels and institutional adoption as catalysts. The 200-day EMA at $2.59 and the $2.40–$2.20 zone represent critical thresholds for a deeper correction . However, analysts like CasiTrades and Dark Defender predict a short-term bounce if XRP holds $2.35, with potential targets at $3.00 and beyond . The path to $8, as forecast by CasiTrades, remains speculative but aligns with historical patterns of market consolidation .

Macro risks persist, including a 76% probability of a U.S. government shutdown by Oct. 1, which could exacerbate volatility . Traders are also monitoring Bitcoin’s performance, as its movements often dictate altcoin trends . For now, XRP’s trajectory depends on balancing bearish technicals with macroeconomic developments and institutional catalysts.