XRP is in the red, and investors are starting to panic. With the token seeing sharp declines and uncertainty looming large, the big question is: Will XRP continue its fall, or is a rebound on the horizon?
XRP Price Drops Over 14% in 24 Hours
XRP is currently trading at $1.82, marking a 14.35% drop in a single day. Over the past week, the token has lost 12.38%, and the 30-day performance shows a 22.93% decline. According to CoinMarketCap, the market cap is now down to $106.14 billion, with a 24-hour trading volume of $6.73 billion — signaling intense activity and fear-driven trades.
📉 XRP Price Today
Source: CoinMarketCap
Why Is XRP Falling? SEC Silence and Global Trade Fears
1. Legal Uncertainty Around Ripple vs. SEC Case
One of the main reasons behindz XRP’s sharp decline is the ongoing legal standoff with the U.S. SEC. Although Ripple CEO Brad Garlinghouse suggested the SEC may soon drop its appeal, no official confirmation has been released yet. The silence is fueling investor anxiety.
Adding to this, Acting SEC Chair Mark Uyeda recently hinted at a possible review of the 2019 crypto guidelines, which directly impact Ripple’s case. While this might eventually lead to clarity, for now, it’s creating even more confusion in the market.
📝 Ripple has agreed to pay a $50 million fine and has already droppedq its own cross-appeal. All eyes are now on the April 10 SEC closed meeting, which could determine the next move.
2. Global Tariff Tensions Make Things Worse
Beyond regulatory issues, the global economy is also spooking crypto investors. With the U.S. implementing new 10% tariffs on April 9, and countries like China, Japan, and the EU planning countermeasures, fears of a trade war are rising. These macroeconomic pressures are hitting risk assets hard — including cryptocurrencies like XRP.
Market Sentiment: Will XRP Recover?
According to Polymarket, only 10% of traders believe XRP will hit $2.10 by April 11, showing that market sentiment has turned bearish. Confidence in XRP’s short-term recovery appears low — at least for now.
🧠 Polymarket XRP Price Prediction
Source: Polymarket
XRP Technical Analysis: Key Levels to Watch
On the technical4 front, XRP has broken through major support zones at $1.90 and $1.85, confirming downward pressure.
- Next support levels: $1.72 → $1.60 → $1.00 (if selling continues)
- Upside targets (if rebound occurs): $1.88 → $2.05 → $2.25
📊 TradingView XRP Chart
Source: TradingView
The RSI shows XRP is oversold, and if buyers step in at these lower levels, a short-term rebound is still possible. A close above $2.05 would flip the trend and potentially attract bullish momentum again.
Conclusion: XRP Is on the Edge — But Not Out Yet
XRP’s crash is tied to two key uncertainties: the SEC’s silence on the Ripple appeal, and growing global economic fears. While the market looks shaky, it’s far from over. A favorable outcome from the SEC meeting or a cooling down of trade tensions could quickly restore investor confidence.
For now, XRP remains at a crossroads — and traders should watch the charts, the news, and key decision dates like April 10 very closely.
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