 
 
XRP is under pressure as broad market weakness and aggressive whale selling push the crypto into a deeper short-term decline.
According to CoinMarketCap data, XRP fell 2.06% over the past 24 hours, underperforming the crypto market’s 3.2% drop and extending its monthly losses to roughly 14%.
Several factors are weighing on price action. For one, whales have offloaded over 1 billion XRP since November, thereby eroding support levels.
Technically, XRP has failed multiple retests of the $2.20 resistance zone, while momentum indicators remain oversold. Meanwhile, fears over U.S. jobs data have pressured both equities and digital assets, amplifying downside risk across markets.
This weakness comes despite notable developments on the institutional front.
 
CME recently launched XRP futures, offering regulated, spot-quoted contracts that expand access for professional investors. Binance also added an XRP USD1 trading pair, increasing direct dollar liquidity during a volatile period.
The contrast between growing infrastructure support and sustained sell pressure is what is making XRP flash mixed signals.
Pro Ripple attorney Bill Morgan addressed the downturn directly, acknowledging that many long-standing bullish narratives have failed to materialize in 2025.
XRP’s decline from $3.65 to around $1.88 despite ongoing ETF inflows has silenced much of the speculative optimism. However, Morgan is firm in his conviction.
The lawyer admitted his expectations for double-digit prices and a supply shock were wrong so far, but stressed that fundamentals have not changed and said he believes XRP will shock the world in 2026.
On the technical side, analysts hold differing views, but none are overtly bearish.
XRP is trading within a descending channel on the three-day chart, though this structure is viewed as a pullback rather than a breakdown. Support between $1.90 and $2.00 is holding, with the 200 EMA acting as critical macro support.
That said, a reclaim of $2.30 could open a path toward $3.10 to $3.30, while a decisive close below the 200 EMA would increase downside risk.