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XRP is trading close to $2.73 at present. During the latest session, the cryptocurrency moved between $2.71 and $2.84, showing a modest decline of around –0.04 % compared with the previous close. This level is below the important $3 mark, which has acted as a strong psychological barrier for the token. The drop reflects the broader challenges facing XRP and highlights the reasons why its price has been struggling in recent weeks.
One of the biggest reasons for XRP’s weakness is the overall condition of the global cryptocurrency market. In recent days, major assets like Bitcoin and Ethereum also fell, with both sliding on the back of heavy profit-taking by traders. When the two largest coins start to lose momentum, smaller tokens such as XRP also tend to follow the downward trend.
Another factor is inflation fears in the United States. The announcement of new tariffs and price hikes by large retailers has increased concerns that the Federal Reserve may hold back on expected interest rate cuts. Higher interest rates usually harm risky assets, and cryptocurrencies fall into that category. Recent US producer price data also came in hotter than expected, adding to the uncertainty. As a result, XRP news today shows how these wider economic concerns are limiting optimism in the crypto space.
Charts for XRP price are showing clear weakness. A descending triangle pattern has been forming, which is often a warning sign for further declines. The loss of support at around $2.95 has created room for XRP to slide further, possibly toward $2.40, which would be nearly an 18 percent fall from current levels.
Open interest in XRP futures has also dropped sharply by about 30 percent. This shows that speculative interest is fading, as traders are closing out positions rather than opening new ones. Lower on-chain activity, reflected in fewer transactions on the network, suggests that demand for XRP is not as strong as before. Together, these signals confirm why XRP news is focused on the struggle of the token to hold above $3.
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The XRP price is currently trapped between strong support and heavy resistance zones. On the downside, immediate support lies near $3.13–$3.15, and the broader psychological level of $3.00 is also in play. If XRP fails to stay above these levels, the next targets could be $2.78, $2.66, or even as low as $2.40.
On the upside, the coin faces resistance in the $3.27–$3.31 region, which has repeatedly rejected upward moves. A smaller resistance range lies between $3.05–$3.10, and only a strong breakout above this zone could allow XRP to test higher levels such as $3.40, $5.00, or even $7. For now, the inability to cross these barriers is weighing heavily on XRP Price.
Another major obstacle for XRP is the delay in launching a spot XRP exchange-traded fund (ETF) in the United States. While there is strong institutional interest and several big firms have filed applications, regulators have not yet given approval. Without an ETF, large amounts of institutional capital that could flow into XRP remain on the sidelines.
Although the end of the SEC lawsuit against Ripple more than a year ago brought a wave of relief and briefly boosted prices, the absence of a clear regulatory green light for an ETF has left investors cautious. For now, XRP news today reflects that the community is waiting for a breakthrough that still seems distant.
XRP has long been known for its role in cross-border payments and remittances, but competition in this space is getting stronger. A new project called Remittix (RTX) has been gaining rapid attention. The token has raised more than $21 million during its presale, supports over 30 countries, and has already lined up a wallet beta release and a listing on major exchanges.
Investors are calling Remittix “XRP 2.0” as it aims to solve similar problems in a more modern way. This is putting pressure on XRP’s growth prospects as new investors may prefer backing fresh projects with higher potential returns. XRP news shows that such rising competition is diverting attention and capital away from Ripple’s token.
Liquidity is another issue that has been dragging on XRP price. The token has already seen a 22.5 percent decline since mid-July, and analysts using Elliott Wave theory suggest it could fall further toward $2.60–$2.65 before any strong recovery begins.
At the same time, large technology companies are entering the payments and settlement market. For instance, Google has developed Cloud Universal Ledger, a platform that allows different digital assets to be settled through a single system. Such innovations could limit XRP’s role as a bridge currency in cross-border transfers. If major corporations offer faster and cheaper alternatives, the relevance of XRP may be challenged, creating further doubts about its long-term liquidity strength.
The struggle of XRP price is not due to a single issue but rather a combination of several challenges. Global macroeconomic pressures, especially inflation and interest rate concerns, are pushing investors away from risky assets. Technical charts and on-chain data show weakening demand, while resistance zones near $3 continue to block upward moves.
The delay in ETF approval adds uncertainty, and competition from new projects in the PayFi sector makes it harder for XRP to attract fresh capital. Finally, new technological solutions from global companies may reduce the need for XRP in liquidity and settlement services.
For XRP to recover, several things must happen. A confirmed breakout above $3.10–$3.30 is required to restore bullish confidence. Stronger on-chain activity, rising open interest in futures, and renewed institutional inflows could all support upward movement. The approval of an XRP ETF would act as a game-changing event by opening the door to billions in institutional investment.
However, if these triggers fail to appear, the price could continue to consolidate or even fall further toward the $2.60–$2.40 range. Investors are watching XRP news today closely as the next few months may decide whether XRP becomes a leader again in cross-border finance or continues to struggle under competitive and regulatory pressures.
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