Ripple XRP's current situation leaves market participants at a loss. The asset recently broke below the $2.0 support level and even touched a low of $1.84 during trading, a decline of 3.2%. The current price is $2.05, with a 24-hour decrease of -2.29%, a circulating market cap of $124.19 billion, and a daily trading volume of $116.17 million. Interestingly, despite the Spot-XRP-ETF product experiencing 32 consecutive days of capital inflows, these funds have not prevented the price from declining.
Technical Analysis: Diverging Perspectives
Renowned trader Peter Brandt expressed a relatively pessimistic view. He pointed out that XRP has formed a double top pattern—a widely recognized reversal signal. According to Brandt's analysis, if buyers fail to break through this technical formation, XRP could fall to around $1 to seek support. The coin experienced two significant price peaks in 2025, including $