XRP price has tumbled to its lowest level in over a week, falling to $2.0856 on Friday before recovering slightly to $2.1729 on Saturday, as the cryptocurrency faces pressure from both geopolitical tensions and technical selling.

In this article, we answer the question of why XRP is going down today, explore the outlook based on technical analysis, and review the latest price forecasts.

XRP Plunges to Two-Month Lows as Legal Settlement and Geopolitical Tensions Weigh

The token has now posted four consecutive sessions of losses, dropping more than 10% from Tuesday's peaks near $2.32. The decline coincides with broader cryptocurrency market weakness following Israel's military strikes on Iranian nuclear facilities, which sent investors fleeing from risk assets to popular save havens like gold, Swiss franc or Japanese yen.

"Gold and oil are climbing on real-world demand and risk aversion. Crypto is dipping as traders cash in on short-term volatility, and because it's still not viewed as a true safe haven, at least not yet," said Dr Kirill Kretov, Senior Automation Expert at CoinPanel. "When traditional finance is stressed, gold benefits from its reputation as a safe haven."

XRP's latest slide comes despite what many viewed as positive news in its long-running legal battle with the Securities and Exchange Commission (SEC). On Thursday, Ripple and the SEC filed a joint motion requesting the release of $125 million held in escrow, with $50 million going to the SEC as a civil penalty and $75 million returning to Ripple.

"The parties' proposed resolution will preserve the resources of the Second Circuit by avoiding the need to decide appeals, obviate any remand for further proceedings in this Court, and bring 4.5 years of hard-fought litigation to an end," the filing attorneys wrote.

The settlement motion represents the final chapter in a case that began in December 2020 when the SEC accused Ripple of conducting unregistered securities sales. While Judge Analisa Torres ruled in July 2023 that secondary XRP sales are not securities, she also determined that institutional sales during funding rounds violated securities laws.

Technical Breakdown Accelerates XRP Price Selling

From a technical perspective, XRP has struggled to break above the $2.33 resistance level, facing three rejections at that price point over recent sessions. The repeated failures have created what analysts describe as a head-and-shoulders pattern, with the neckline sitting at $2.285.

Trading volume peaked during the heaviest selling, with over 7 million units changing hands as the price declined from $2.288 to $2.260 - a 3.7% drop in a single session. While XRP formed a double bottom at $2.250 and attempted a recovery, the bounce came on declining volume, suggesting weakening buying interest.

The broader cryptocurrency market has been under pressure since Israel launched airstrikes against Iran's nuclear facilities on June 13. Bitcoin dropped 4% to around $103,000, while Ethereum fell 8% and other major tokens posted similar declines.

In my previous technical analysis, I suggested that XRP might have a chance for a stronger rebound due to the completion of a flag pattern, which points to an upward target around the $3.30 level. But what do expert forecasts say about this potential?

XRP Price Predictions: 10, 100 or even 1,000 per one XRP token?

Related: How High Can XRP Go? Experts Predict 500% XRP Price Jump by 2028

The most credible forecasts come from established financial institutions like Standard Chartered, which predicts XRP reaching $5.50 by year-end 2025, driven primarily by anticipated ETF approvals and increased institutional adoption following regulatory clarity.

Technical analysis experts like Michaël van de Poppe focus on chart patterns and resistance levels, suggesting XRP could retest its previous all-time high of $3.40 in the near term. Meanwhile, CoinDesk's AI-assisted model provides a more measured approach, forecasting $2.85 by July 2025 based on current momentum and trading volume patterns.

Medium-term outlook for 2026-2028 presents even more ambitious targets, with Standard Chartered maintaining its bullish stance by projecting $8.00 in 2026 and $12.50 by 2028. These predictions assume continued growth in Ripple's partnerships with financial institutions and successful integration of XRP into global payment systems.

Long-term forecasts extending to 2030 vary significantly, with conservative estimates around $12-17 from established analysts, while some community-driven predictions reach extraordinary levels. The more realistic projections consider XRP's potential market capitalization relative to the global remittance market, which processes approximately $7.5 trillion annually.

You may also like: Why XRP Is Going Up and Price Predictions (June 2025 Update)

Mixed Outlook Despite Legal Progress

The legal settlement with the SEC removes a major overhang that has weighed on XRP for years. The cryptocurrency industry views the resolution as a symbolic victory, particularly given that XRP is no longer classified as a security in secondary market transactions.

However, market participants remain focused on near-term technical levels. If XRP's support at $2.25 fails to hold, analysts see a potential decline toward $2.234. Conversely, a sustained break above $2.35 could signal renewed upward momentum.

Institutional interest in XRP continues to grow despite the recent price weakness. Several publicly listed companies have announced XRP-focused treasury strategies, while Ondo Finance launched its flagship US Treasury product on the XRP Ledger this week.

Looking ahead, traders are monitoring potential catalysts including a possible XRP spot ETF decision from Franklin Templeton, which could arrive later this month. The combination of regulatory clarity and institutional adoption may provide longer-term support, even as short-term volatility persists amid ongoing geopolitical tensions.

XRP News, FAQ

Why is the XRP price falling?

XRP's price decline stems from multiple converging factors that have created sustained selling pressure throughout 2025. The primary drivers include technical breakdown patterns, with XRP confirming a bearish head-and-shoulders formation that projects further declines toward $2.00. The token has struggled to maintain momentum above the critical $2.40 resistance level, leading to repeated rejections and weakening buyer confidence.

Is it worth investing in XRP now?

Yes, the potential upside catalysts include the pending SEC decision on Franklin Templeton's XRP ETF application on June 17, 2025, with market observers estimating up to 88% probability of approval. The resolution of Ripple's legal battle with the SEC, including the recent $125 million settlement agreement, has removed a major regulatory overhang that previously suppressed institutional interest.

What's happening with XRP at the moment?

XRP is currently experiencing a critical inflection point as multiple catalysts converge in June 2025. The token is trading around $2.15, having declined from recent highs near $2.40, and is testing key technical support levels that could determine its near-term direction.

Regulatory developments remain at the forefront, with Ripple and the SEC filing a joint motion to release $125 million from escrow, effectively concluding their 4.5-year legal battle. This settlement, while positive for long-term clarity, has yet to provide the expected price boost as markets focus on technical factors and broader economic conditions.

Is XRP likely to go down?

The probability of further XRP declines depends largely on whether current technical support levels hold. Bearish indicators include the confirmed head-and-shoulders pattern with a measured target of $2.00, representing approximately 14% downside from current levels. The breakdown below the $2.33 neckline has activated this bearish scenario, with initial support at $2.25 already tested.