XRP Price Hovers Near $1.60 as Geopolitical Scenarios and Selling Pressure Cause Large Pullback
Overview
XRP has dropped to a multi-month low of $1.61 due to broad weakness in the crypto market.
Global economic uncertainty and risk-off sentiment pushed investors away from volatile digital assets.
Technical breakdown below key support levels triggered heavy selling pressure.
XRP has dropped to one of its lowest monthly levels, creating concern among traders and long-term holders. The token was trading in the $1.50 to $1.62 range at press time.
This price dip has not been experienced since late 2024, marking a reversal from the recent rally that pushed XRP higher only weeks ago. The sudden decline displays a mix of market fear and wider economic pressure.
Technical Breakdown and Selling Momentum
XRP recently broke several key support levels. These areas have stopped several price dips, but this time they fail to hold. Once Ripple’s altcoin slipped under major moving averages, automated trading systems and short-term traders started selling more aggressively. Stop-loss orders were triggered, adding to the downward momentum.
Profit-Taking After Strong Gains
Before the recent decline, XRP had recorded a notable gain over a short period. Many short-term traders entered the market expecting quick gains. When the price stopped rising and macro conditions worsened, these investors began selling to experience returns. This profit-taking added extra pressure to the market.
Some analysts warned that if current weakness continues, XRP could test a lower level between $1.00 and $1.25 in the medium term. Others believe the token may consolidate in the $1.25 to $1.75 range until stronger demand returns. These forecasts show that uncertainty remains high.
Also Read: Why are Large XRP Holders Transferring Funds as Price Holds $1.65?
XRP Price Prediction
The next movement for XRP will depend on several factors, including trading volume, macroeconomic signals, and any new regulatory news. Support near recent lows and the psychological $1.00 level will be closely watched. If buyers step in at these levels, a short-term recovery could happen. If not, further downside may appear.
XRP’s fall to a multi-month low was caused by a combination of market correction, global economic stress, technical selling, regulatory concern, and profit-taking.
Whether this drop becomes a deeper downtrend or only a temporary pause will depend on how investors react in the coming days. The situation remains uncertain, and price action may stay unstable for some time.
Broad Crypto Market Correction
The main reason behind this XRP price dip is the overall crypto market correction. Major digital assets like BTC and ETH have also faced selling pressure. Investors started profit-taking practices after strong gains earlier in the year.
XRP was hit harder than many mid-sized tokens as it had risen fast before the drop, making it more vulnerable to sudden sell-offs. When confidence weakened, many traders exited positions, pushing the price lower.
Macroeconomic and Geopolitical Pressure
Global economic instability has played an important role in XRP’s weakness. Rising concerns about interest rates and a stronger US dollar created a risk-off environment for investors.
In such conditions, money tends to flow into safer assets instead of volatile crypto markets. Financial news reports pointed out that many investors moved funds out of digital assets in late January and early February. #XRPRealityCheck #XRPPredictions #cryptooinsigts #CryptocurrencyWealth $XRP
