- XRP briefly dipped below $2 amid global market selloff tied to Middle East tensions
- Analysts say the drop was driven by market fear, not XRP’s fundamentals
- Forecasts remain bullish, with some calling for a move to $6.70–$27 if conditions improve
The crypto market’s latest downturn intensified over the weekend, sending XRP sliding below the $2 line for the first time in 12 weeks. It wasn’t a massive crash—more of a quick dip—but it was enough to raise eyebrows. XRP touched just above $1.90 before bouncing back slightly, dragged down by broader bearish vibes across digital assets.
Since bouncing off $1.60 back in early April, XRP had been cruising steadily above $2, giving bulls a sense of control. But this recent crack in support exposed how shaky things still are, even for big-name coins. Volatility’s back in the driver’s seat, and the community’s buzzing again with predictions, panic, and cautious optimism.
Not Really XRP’s Fault, Say Analysts
Versan Aljarrah, co-founder of Black Swan Capitalist, chimed in on social media to cool things down a bit. He doesn’t believe XRP’s fundamentals are to blame here. According to him, this is just another example of XRP getting swept up in the crypto market’s mood swings—something that has little to do with XRP’s actual use case or long-term value.
This view’s nothing new in the XRP community. Supporters have long argued that XRP’s price moves aren’t aligned with its real-world adoption or tech evolution. “We’re just going through the motions until utility kicks in,” one user replied. That sentiment pretty much sums up how most holders are feeling—waiting for real use to finally dictate price.
Global Tensions Shake the Market
Zooming out, the entire crypto space took a hit, not just XRP. The ongoing crisis in the Middle East—especially U.S. involvement in the Israel–Iran conflict—rattled investors. There’s fresh talk of World War III, oil prices jumping, and a flight to safety as people yank their funds out of riskier assets like crypto.
Bitcoin even dropped below $100K (yep, that happened), dragging everything down with it—Ethereum, Solana, and of course, XRP. Despite the turmoil, XRP didn’t set a new low. That’s important. And by press time, the token had already bounced back to $2.02, although still licking its wounds with a 3% daily loss.
What’s Next? Bullish Bets Still on the Table
Looking ahead, there’s still hope—lots of it. Some analysts, like EGRAG, are calling for a breakout once things cool down. His charts point to a potential run to $6.70 first, then maybe $13. If we really stretch, there’s even a shot at $27 this year. Yeah, that’s bold—but hey, crypto’s known for wild surprises.
So, while the weekend was rough, XRP isn’t out of the game. The fundamentals haven’t changed, the believers are still here, and as long as global chaos doesn’t escalate too much more, XRP might still be gearing up for a wild second half of 2025.
