{"id":13166,"date":"2025-06-17T04:50:51","date_gmt":"2025-06-17T02:50:51","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=13166"},"modified":"2025-06-17T04:50:51","modified_gmt":"2025-06-17T02:50:51","slug":"xrp-price-faces-potential-downturn-could-it-dip-to-0-90-amidst-growing-bearish-sentiments","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/06\/17\/xrp-price-faces-potential-downturn-could-it-dip-to-0-90-amidst-growing-bearish-sentiments\/","title":{"rendered":"XRP Price Faces Potential Downturn: Could It Dip to $0.90 Amidst Growing Bearish Sentiments?"},"content":{"rendered":"<p> &#8220;`html<br \/>\n<\/p>\n<div>\n<div class=\"trusted-editorial-content trusted-editorial-content--top\">\n<div class=\"trusted-editorial-content__text\"><u>Trusted Editorial<\/u> content, assessed by prominent industry professionals and experienced editors. <a href=\"#\" target=\"_blank\">Ad Disclosure<\/a><\/div>\n<\/p><\/div>\n<p><span style=\"font-weight: 400;\">XRP\u2019s latest price movements in the past few days <\/span><a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-price-tries-to-bounce-back-2-150\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400;\">have left optimistic traders disappointed, <\/span><\/a><span style=\"font-weight: 400;\">with its price falling to $2.10 and struggling to trade above $2.20. Although the general sentiment in the cryptocurrency market <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-test-this-support-as-bullish-strength-wane\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400;\">remains fairly neutral, <\/span><\/a><span style=\"font-weight: 400;\">there persists a potential for a bearish outlook for XRP that could reduce its price down to $0.93, if not lower.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Based on a technical review on the TradingView platform, XRP\u2019s price configuration is testing crucial technical formation areas, and a breakdown may ensue.<\/span><\/p>\n<h2>Potential Breakdown of XRP Price Structure<\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/www.tradingview.com\/chart\/XRPUSDT\/tzrsGezj-XRP\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400;\">analysis details a price configuration<\/span><\/a><span style=\"font-weight: 400;\"> where XRP finds itself caught between descending resistance and horizontal support lines, with the $2.13 area functioning as a cushion. Above it sits the $2.58 resistance, which has proven challenging to surpass despite several attempts. A breakout above this zone could induce bullish momentum, yet thus far, XRP has struggled to clear it convincingly.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the downside, should XRP fail to uphold its current position and fall below $2, a movement toward the lower demand floor at $0.93 becomes more probable. However, this is not guaranteed, as robust demand levels around $1.708 and $1.4248 could prevent any further drop. These represent the <\/span><a href=\"https:\/\/www.newsbtc.com\/xrp-news\/xrp-crash-1-55-before-explosive-surge\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400;\">optimal price zones to purchase<\/span><\/a><span style=\"font-weight: 400;\"> XRP. <\/span><\/p>\n<figure id=\"attachment_504841\" aria-describedby=\"caption-attachment-504841\" style=\"width: 512px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" data-recalc-dims=\"1\" decoding=\"async\" class=\"size-large wp-image-504841\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/06\/XRP-chart-from-Tradingview.png?w=512&amp;resize=512%2C221\" alt=\"XRP\" width=\"512\" height=\"221\"\/><figcaption id=\"caption-attachment-504841\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/chart\/XRPUSDT\/tzrsGezj-XRP\/\" rel=\"nofollow noopener\" target=\"_blank\">Chart from Tradingview<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The weekly candlestick timeframe chart below emphasizes historical accumulation zones around $1.708, $1.4248, and $0.9329, which may act as touchpoints for a rebound, provided that sellers do not dominate buyers at these levels. <\/span><\/p>\n<h2>Robust Fundamentals Confront Short-Term Bearishness<\/h2>\n<p><span style=\"font-weight: 400;\">In spite of the technical dangers of a price drop, XRP\u2019s fundamentals are solid. Ripple\u2019s settlement with the U.S. SEC earlier this year removed a significant regulatory cloud, clarifying that XRP is not considered a security for retail investors. This legal clarity has paved the way for institutional interest, particularly as speculation grows around the SEC <\/span><a href=\"https:\/\/bitcoinist.com\/sec-decision-on-xrp-etfs\/amp\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400;\">validating a Spot XRP ETF<\/span><\/a><span style=\"font-weight: 400;\">. Numerous companies, including Bitwise and Grayscale, have already lodged applications, and analysts anticipate a resolution by the end of the year. Polymarket data <\/span><a href=\"https:\/\/www.newsbtc.com\/news\/ripple\/xrp-etf-at-83-approval-odds-is-the-sec-losing-grip\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400;\">indicates an 83% likelihood of approval<\/span><\/a><span style=\"font-weight: 400;\"> in 2025.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Simultaneously, Ripple is <\/span><a href=\"https:\/\/bitcoinist.com\/ripple-cto-xrp-ledger-success-not-boost-xrp-price\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400;\">upgrading the XRP Ledger (XRPL)<\/span><\/a><span style=\"font-weight: 400;\"> to accommodate more advanced financial applications. These enhancements aim to make the network appealing to banks and institutional users. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the bullish trajectory materializes and every optimistic fundamental aligns, bullish price forecasts will range from $2.85 in the near term, $5.50 by year-end, <\/span><a href=\"https:\/\/www.newsbtc.com\/xrp-news\/xrp-price-to-25-75-in-june\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400;\">and ambitious targets soaring as high as <\/span><\/a><span style=\"font-weight: 400;\">$10-$20 by 2030.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nevertheless, fundamentals do not consistently shield a token from corrective movements, particularly in a high-volatility environment like cryptocurrency. Should any technical breakdowns occur, they can overshadow positive sentiment in the short term, and XRP may decline as low as $0.93. At the time of writing, XRP is trading at $2.18.<\/span><\/p>\n<figure style=\"width: 2108px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/r8e7i3CM\/\" alt=\"XRP\" width=\"2108\" height=\"1502\"\/><figcaption class=\"wp-caption-text\">XRP trading at $2.19 on the 1D chart | Source: XRPUSDT on <a href=\"https:\/\/www.tradingview.com\/x\/r8e7i3CM\/\" target=\"_blank\" rel=\"noopener nofollow\">Tradingview.com<\/a><\/figcaption><\/figure>\n<p>Featured image from Getty Images, chart from Tradingview.com<\/p>\n<div class=\"trusted-editorial-content trusted-editorial-content--bottom\">\n\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/safe.png\" class=\"trusted-editorial-content__icon\"\/><\/p>\n<p><strong>Editorial Process<\/strong> for bitcoinist revolves around providing meticulously researched, precise, and impartial content. We adhere to rigorous sourcing standards, and each page undergoes thorough assessment by our team of leading technology experts and skilled editors. This process guarantees the integrity, relevance, and value of our material for our audience.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/bitcoinist.com\/xrp-price-risks-a-crash-to-0-9\/\">Source link <\/a><br \/>\n&#8220;`<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;`html Trusted Editorial content, assessed by prominent industry professionals and experienced editors. Ad Disclosure XRP\u2019s latest price movements in the past few days have left optimistic traders disappointed, with its price falling to $2.10 and struggling to trade above $2.20. Although the general sentiment in the cryptocurrency market remains fairly neutral, there persists a potential<\/p>\n","protected":false},"author":3,"featured_media":13167,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[2751],"class_list":["post-13166","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-gptreturn-a-list-of-comma-separated-tags-from-this-title-why-the-xrp-price-risks-a-crash-to-0-9-as-bearish-pressures-mount-gpt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>XRP Price Faces Potential Downturn: Could It Dip to $0.90 Amidst Growing Bearish Sentiments? - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/06\/17\/xrp-price-faces-potential-downturn-could-it-dip-to-0-90-amidst-growing-bearish-sentiments\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Price Faces Potential Downturn: Could It Dip to $0.90 Amidst Growing Bearish Sentiments? - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"&#8220;`html Trusted Editorial content, assessed by prominent industry professionals and experienced editors. 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