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%. 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.
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.
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