The XRP price took a big hit after Ripple’s Swell conference in New York. While the company announced multi-million investments and new plans, investors pulled out en masse. The question arises: what’s behind this and is XRP about to dip below $2?

Ripple unveils big plans, but market remains cool

Ripple made a big splash during Swell 2025. The company raised $500 million from heavyweights such as Citadel Securities and Fortress Investment Group. It also presented new applications for the RLUSD stablecoin and an emerging lending protocol on the XRP Ledger.

But where Ripple expected applause, silence followed. The price of XRP briefly peaked at $2.40, before dropping sharply to $2.19. This meant that more than 9 percent of the profits made during the event disappeared.

Alweer ‘buy the rumor, sell the news’

The pattern is starting to become recognizable. In four out of the last five years, XRP fell after Swell ended. Investors always seem to jump on the rumors, but dump as soon as the official announcements follow. The result: a recurring decline.

In addition, the broader market is also faltering. The Bitcoin price briefly fell below $100,000 after negative signals on the stock markets. That sentiment is also dragging down altcoins such as XRP.

Technical picture may predict more pain

On the chart, things don’t look rosy for XRP. The coin has broken a classic “bear flag” pattern to the downside. There is also a threat of a “death cross”, in which a shorter moving average falls below a longer average – a signal that often precedes further price falls.

If that scenario unfolds, XRP could fall back towards $1.70. That’s not only a technical price target, but also the level at which many long-term investors have entered in the past, according to data from Glassnode. Such a zone often functions as a strong support level.

Source: https://newsbit.nl/xrp-koers-onder-druk-na-ripples-swell-event-zakt-de-prijs-onder-2-dollar/



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