Why Is XRP Dropping in May 2025? Here Are 5 Key Reasons
- XRP has dropped over 5% this week amid falling on-chain activity and social buzz.
- SEC’s ETF decision delay and Ripple’s RLUSD launch are shaking investor confidence.
- Technical indicators suggest XRP could slide further unless key support levels hold.
XRP is facing renewed bearish pressure in May 2025, sliding over 5% in the past week alone. The digital asset recently plunged to a two-week low of $2.07, as bears took control of the XRP price action.
Adding to the cautious outlook, crypto analyst Ali Martinez noted in a recent post on X (formerly Twitter) that a TD Sequential indicator on XRP’s 3-day chart has flashed a sell signal, hinting at further price correction.
Several factors appear to be contributing to this current downturn for XRP. Here are five key reasons behind the digital asset’s price dip.
Five Reasons for the XRP Price Dip
1. XRP Ledger Activity Drop
A primary reason for XRP’s ongoing price weakness is a sharp drop in activity on the XRP Ledger. Daily active addres…
The post Why Is XRP Dropping in May 2025? Here Are 5 Key Reasons appeared first on Coin Edition.
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Why Is XRP Dropping in May 2025? Here Are 5 Key Reasons
- XRP has dropped over 5% this week amid falling on-chain activity and social buzz.
- SEC’s ETF decision delay and Ripple’s RLUSD launch are shaking investor confidence.
- Technical indicators suggest XRP could slide further unless key support levels hold.
XRP is facing renewed bearish pressure in May 2025, sliding over 5% in the past week alone. The digital asset recently plunged to a two-week low of $2.07, as bears took control of the XRP price action.
Adding to the cautious outlook, crypto analyst Ali Martinez noted in a recent post on X (formerly Twitter) that a TD Sequential indicator on XRP’s 3-day chart has flashed a sell signal, hinting at further price correction.
Several factors appear to be contributing to this current downturn for XRP. Here are five key reasons behind the digital asset’s price dip.
Five Reasons for the XRP Price Dip
1. XRP Ledger Activity Drop
A primary reason for XRP’s ongoing price weakness is a sharp drop in activity on the XRP Ledger. Daily active addres…
The post Why Is XRP Dropping in May 2025? Here Are 5 Key Reasons appeared first on Coin Edition.
Read More
Algorand (ALGO) Price Tests Critical $0.175 Support: Can Bulls Step In?