Prev Arrow Cryptocurrencies

XRP ($XRP) Crypto Forecast: Down 5.1% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is XRP?

XRP is a cryptocurrency token associated with the Ripple payment protocol, known for its fast and low-cost cross-border transactions. The overall cryptocurrency market has been experiencing volatility recently, with various digital assets responding to market sentiment and external factors.

Why is XRP going down?

XRP crypto is down 5.1% on Aug 5, 2025 22:06

  • XRP's bearish movement today could be attributed to the overall shaky sentiment in the cryptocurrency market due to economic uncertainty.
  • Despite XRP's recent rebound, the price movement might not yet signal a bullish comeback, indicating that investors are cautious about the token's future performance.
  • The surge in institutional inflows into Ethereum and XRP might have positively impacted those assets but did not prevent XRP from experiencing a bearish trend today.
  • The speculative demand building up for XRP could potentially lead to a future price increase, but for now, the token seems to be facing resistance at the $3.00 level.

XRP Price Chart

XRP Technical Analysis

XRP News

Ripple Price Prediction: Why XRP's rebound might not signal bullish comeback yet

Ripple (XRP) price regains strength for the second day in a row, trading slightly above $3.00 at the time of writing on Monday.

https://www.fxstreet.com/cryptocurrencies/news/ripple-price-forecast-could-xrp-accelerate-rebound-toward-record-highs-amid-key-bullish-catalysts-202508041500

0 News Article Image Ripple Price Prediction: Why XRP's rebound might not signal bullish comeback yet

Top-tier whales add over $110 million in Ethereum, $60 million XRP as institutional inflows surge

Price growth of Ethereum (ETH) and Ripple (XRP) has outpaced the top 10 cryptocurrencies over the last 30 days, driven by growing interest from institutions and large crypto investors, commonly referred to as whales.

https://www.fxstreet.com/cryptocurrencies/news/top-tier-whales-add-over-110-million-in-ethereum-60-million-xrp-as-institutional-inflows-surge-202508050815

1 News Article Image Top-tier whales add over $110 million in Ethereum, $60 million XRP as institutional inflows surge

Crypto Today: XRP holds key support, Bitcoin, Ethereum hit by rising spot ETF outflows

Cryptocurrency prices are on the edge on Tuesday, following a modest recovery on Monday, reflecting the shaky sentiment in the broader market due to sticky economic uncertainty.

https://www.fxstreet.com/cryptocurrencies/news/crypto-today-xrp-holds-key-support-bitcoin-ethereum-hit-by-rising-spot-etf-outflows-202508051241

2 News Article Image Crypto Today: XRP holds key support, Bitcoin, Ethereum hit by rising spot ETF outflows

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, XRP stage recovery after recent declines

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have recovered slightly and are now steady at around $114,000, $3,500, and $3, respectively, as of Monday's writing.

https://www.fxstreet.com/cryptocurrencies/news/top-3-price-prediction-bitcoin-ethereum-ripple-btc-eth-xrp-stage-recovery-after-recent-declines-202508040409

3 News Article Image Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, XRP stage recovery after recent declines

Crypto Today: Bitcoin eyes $118,000, Ethereum $3,800, XRP $3.30 as speculative demand builds

Cryptocurrency prices are broadly recovering on Monday in the wake of last week’s volatility and sell-off. Bitcoin (BTC), which plummeted to lows of $111,886 on Saturday, has regained momentum, approaching the short-term $115,000 hurdle.

https://www.fxstreet.com/cryptocurrencies/news/crypto-today-bitcoin-eyes-118-000-ethereum-3-800-xrp-330-as-speculative-demand-builds-202508041200

4 News Article Image Crypto Today: Bitcoin eyes $118,000, Ethereum $3,800, XRP $3.30 as speculative demand builds

XRP Price History

05.07.2025 - XRP Crypto was down 5.1%

  • XRP's bearish movement today could be attributed to the overall shaky sentiment in the cryptocurrency market due to economic uncertainty.
  • Despite XRP's recent rebound, the price movement might not yet signal a bullish comeback, indicating that investors are cautious about the token's future performance.
  • The surge in institutional inflows into Ethereum and XRP might have positively impacted those assets but did not prevent XRP from experiencing a bearish trend today.
  • The speculative demand building up for XRP could potentially lead to a future price increase, but for now, the token seems to be facing resistance at the $3.00 level.

01.07.2025 - XRP Crypto was down 5.8%

  • XRP demonstrated bearish movement today, likely influenced by overall market dynamics and concerns around the upcoming Federal Reserve interest rate decision.
  • The price action and resistance around $3.20 suggest a challenge for XRP to sustain a bullish trend, leading to a 16% decline from its recent high.
  • The introduction of XRP perpetual-style futures on Coinbase initially boosted the token's value, but market sentiment appears to be inclining towards a potential retreat below $3.00.
  • Traders are keeping a close watch on crucial support levels for XRP, preparing for possible market volatility following the Fed decision, which could have additional effects on XRP's price trajectory.

02.07.2025 - XRP Crypto was down 9.1%

  • XRP faced a strong bearish movement as it struggled to rebound above $3.00, indicating a lack of demand and a shift in market sentiment.
  • The US Federal Reserve's interest rate decision may have influenced XRP's price retracement, as investors reacted to the broader economic landscape.
  • Despite attempts to consolidate above $2.95 and resist the bearish trend, XRP's failure to break key resistance levels suggests potential downside moves in the near term.
  • The overall bearish sentiment in the cryptocurrency market, with Bitcoin and Ethereum also facing pressure, could have contributed to XRP's decline below $3.00.

02.07.2025 - XRP Crypto was down 5.6%

  • XRP price is facing a bearish movement, possibly accelerated by failing to break above resistance levels and reflecting low demand from retail investors.
  • The overall bearish sentiment in the cryptocurrency market, with Bitcoin and Ethereum also showing signs of weakness, is contributing to XRP's downward pressure.
  • The uncertainty surrounding the US Federal Reserve's interest rate decision and its impact on the crypto market is likely adding to the selling pressure on XRP.
  • Despite the recovery in Bitcoin and Ethereum after the Fed interest rate decision, XRP seems to be struggling to maintain support levels, indicating a more cautious approach from investors towards this particular token.

25.06.2025 - XRP Crypto was down 5.1%

  • The announcement of Remittix's new multi-chain crypto wallet may have diverted some attention and investment away from XRP, impacting its market performance negatively.
  • Analysts pointing out a shift in user activity on the XRP Ledger could have raised concerns among investors, leading to a sell-off of XRP tokens.
  • The introduction of short-term reward contracts for XRP by PFM LTD. might not have been enough to counterbalance the overall bearish sentiment in the market.
  • Chris Larsen's significant movement of $140 million in XRP to exchanges during a record surge, followed by a retreat in XRP's price, could have triggered a wave of profit-taking and contributed to the bearish movement.

25.06.2025 - XRP Crypto was down 5.3%

  • The decline in XRP's value can be linked to the prevailing risk-off sentiment in the market, resulting in a significant drop from its all-time high and a test of support levels.
  • The weakening bullish trend in the cryptocurrency space, particularly with Bitcoin and Ethereum also undergoing corrections, likely contributed to XRP's notable decrease.
  • Despite a healthcare company listed on Nasdaq submitting plans to utilize XRP Ledger for instant payments and optimistic price projections from traders, XRP struggled to sustain its upward momentum, fluctuating around $3.10.
  • The growing acceptance of alternative cryptocurrencies like ETH, SOL, and XRP by public firms for treasury purposes under FASB's fair value accounting regulations might have indirectly impacted XRP's market performance.

25.06.2025 - XRP Crypto was down 5.4%

  • The bearish movement in XRP today could be attributed to the uncertainty surrounding its rally, with traders eyeing the key breakout level at $3.66 as a potential turning point for the token's price trajectory.
  • The increasing adoption of alternative cryptocurrencies like ETH, SOL, and BNB by public companies for treasuries might have diverted some attention and investment away from XRP, impacting its market performance.
  • The growth of Ripple's RLUSD stablecoin among retail users could have also influenced market sentiment towards XRP, as investors might be exploring different options within the Ripple ecosystem.
  • The upcoming beta launch of Remittix's multi-chain crypto wallet catering to various cryptocurrencies, including XRP, might have stirred interest and speculation in the market, contributing to the volatility and bearish movement observed in XRP today.

04.07.2025 - XRP Crypto was up 5.9%

  • XRP surpassed the $3.30 mark with a strong bullish movement today, influenced by several factors:
  • Speculative demand in the overall cryptocurrency market, alongside positive trends in Bitcoin and Ethereum.
  • Positive price forecasts and recovery signals for XRP, reflecting growing investor confidence.
  • The recent surge in XRP can be attributed to general cryptocurrency momentum, a legal settlement with the SEC, and increasing institutional interest, all contributing to its current price strength.
  • Despite facing some retracement and resistance levels, XRP's ability to sustain a bullish trend highlights its potential for further growth in the near term.

04.07.2025 - XRP Crypto was up 5.1%

  • XRP's bullish movement today can be attributed to several factors:
  • The broader cryptocurrency momentum and positive sentiment in the market have lifted XRP along with other digital assets.
  • The legal settlement with the SEC has provided clarity and confidence to investors, leading to increased buying interest in XRP.
  • Growing institutional interest in cryptocurrencies, including XRP, has also contributed to its upward movement.
  • Despite the recent bearish predictions and market volatility, XRP has managed to rebound strongly, indicating resilience and potential for further gains.
  • The speculation around XRP's price reaching above $3.00 and the comparison of its value over time to everyday items like bananas highlight the dynamic nature of the cryptocurrency market and the excitement surrounding XRP's price movements.

29.06.2025 - XRP Crypto was down 5.0%

  • Allegations of a $17 million theft in XRP from the widow of country music legend George Jones possibly influenced negative sentiment and selling pressure on XRP.
  • Concerns surrounding a substantial amount of XRP still up for sale from a wallet associated with Ripple's Chris Larsen might have intensified the bearish pressure on the token.
  • The general risk-aversion prevailing in the market, evidenced by the decrease in speculative demand and corrections in Bitcoin and Ethereum prices, likely played a role in the bearish movement of XRP.
  • Persistent declines over multiple days and the inability to sustain the all-time high price of $3.66 could have further boosted selling pressure and contributed to the negative outlook on XRP.

29.06.2025 - XRP Crypto was down 5.0%

  • XRP faced significant downward movement amidst positive signals in the cryptocurrency market.
  • The theft of $17 million in XRP from the widow of a notable country music legend may have influenced negative sentiment and selling pressure on XRP.
  • Concerns about a potential surge in selling pressure on XRP stemming from a wallet associated with Ripple's Chris Larsen holding $9 billion might have compounded the bearish trend.
  • Despite institutional interest and a rebound from a recent dip, XRP's price declining to $3.16 indicates sustained volatility and likely market dynamics impacting its performance.

26.06.2025 - XRP Crypto was up 5.2%

  • XRP showed a significant bullish movement today despite recent bearish sentiment in the market.
  • The positive momentum could be linked to a Nasdaq-listed healthcare firm filing with the SEC to utilize XRP Ledger for real-time payments, signaling increasing adoption and functionality for XRP.
  • Traders pinpointing $3.66 as a critical breakout point that could potentially propel XRP towards $6 may have played a role in the market's upward movement.
  • Despite the general risk-off sentiment in the market, XRP maintained stability around $3.10, demonstrating resilience and a promising outlook for future growth.
i
Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.