XRP Price Analysis: Technicals Indicate Another Leg Down to $2, But When?

The post XRP Price Analysis: Technicals Indicate Another Leg Down to $2, But When? appeared on BitcoinEthereumNews.com. Analyst Peter Brandt started a passionate debate on X after sharing TA for the SOL and XRP charts and asking people which of the two coins they would invest in, if they had $100,000. The case for XRP is persuasive from a non-technical perspective. Brandt previously suggested that if the XRP price can break $3 then Ripple will be bullish, but if it doesn’t, then the coin could fall to around $1. Another newer coin is attracting interest from crypto fans, partly because it has a much lower market cap and is centered around the intersection of investing and AI. When Will XRP Price Start Moving? Bullish News Aplenty, But the Coin Does Not React The XRP price failed to react meaningfully to some very bullish news in 2025, but analyst Marcel Pechman thinks this is about to change. The news in question was the SEC dropping their lawsuit earlier this month, and the fact that XRP has been mentioned as a potential coin for the US Bitcoin Strategic Reserve. Pechman suggests that the news has failed to move the needle due to US Senator Cynthia Lummis, (chairperson of the Senate Banking Subcommittee on Digital Assets), rejecting requests to meet with Ripple representatives. However, as one commenter on Peter Brandt’s X thread reminded people, Ripple’s CEO Brad Garlinghouse recently dined with Trump. More bullish news for XRP keeps coming almost every day, the latest being that Crypto.com is now offering 20-minute strike options for trading with Ripple. It’s the third coin to receive this feature, after BTC and ETH. And more excitingly, perhaps, is that Volatility Shares recently launched an XRP futures ETF on the Nasdaq. This shows the level of institutional interest in the coin. Traders are clearly optimistic about Ripple as the odds on Polymarket are now 83%…

May 31, 2025 - 11:00
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XRP Price Analysis: Technicals Indicate Another Leg Down to $2, But When?

The post XRP Price Analysis: Technicals Indicate Another Leg Down to $2, But When? appeared on BitcoinEthereumNews.com.

Analyst Peter Brandt started a passionate debate on X after sharing TA for the SOL and XRP charts and asking people which of the two coins they would invest in, if they had $100,000. The case for XRP is persuasive from a non-technical perspective. Brandt previously suggested that if the XRP price can break $3 then Ripple will be bullish, but if it doesn’t, then the coin could fall to around $1. Another newer coin is attracting interest from crypto fans, partly because it has a much lower market cap and is centered around the intersection of investing and AI. When Will XRP Price Start Moving? Bullish News Aplenty, But the Coin Does Not React The XRP price failed to react meaningfully to some very bullish news in 2025, but analyst Marcel Pechman thinks this is about to change. The news in question was the SEC dropping their lawsuit earlier this month, and the fact that XRP has been mentioned as a potential coin for the US Bitcoin Strategic Reserve. Pechman suggests that the news has failed to move the needle due to US Senator Cynthia Lummis, (chairperson of the Senate Banking Subcommittee on Digital Assets), rejecting requests to meet with Ripple representatives. However, as one commenter on Peter Brandt’s X thread reminded people, Ripple’s CEO Brad Garlinghouse recently dined with Trump. More bullish news for XRP keeps coming almost every day, the latest being that Crypto.com is now offering 20-minute strike options for trading with Ripple. It’s the third coin to receive this feature, after BTC and ETH. And more excitingly, perhaps, is that Volatility Shares recently launched an XRP futures ETF on the Nasdaq. This shows the level of institutional interest in the coin. Traders are clearly optimistic about Ripple as the odds on Polymarket are now 83%…

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