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XRP (XRP)
$3.02
-$0.04
(-1.31%)
Today
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What is happening now?
Recent price movements
Today (August 15, 2025): XRP experienced a sharp decline of up to 7%, amidst a major liquidation wave in the market exceeding a billion dollars, pushing the price of XRP from about $3.34 to $3.10. However, it seemed that large buyers (whales) began to intervene later, contributing to some stabilization at an important support level.
CoinDesk
Yesterday (August 14): XRP dropped by approximately 5.1%, coinciding with a decline in other cryptocurrency markets, due to US wholesale inflation data that came in higher than expected, which boosted the dollar and weakened risk appetite.
Barron's
Key influencing factors
High inflation: Led to lower expectations for interest rate cuts from the Federal Reserve, weakening trader sentiment towards riskier assets, such as cryptocurrencies.
Barron's
+1
Liquidation crash: Caused increased selling pressure, especially on XRP, which took its share of losses in the wider market.
Technical analysis: XRP is still less than 15% away from its all-time high of $3.66 in July, and some analysts believe it is in the 'fifth wave' upward, which could pave the way for new peaks.
Legal victory and institutional demand: Stabilization of XRP's position in terms of regulation; it is no longer classified as a 'security', prompting many institutions to bolster their positions and purchase large amounts of the coin, even as
Optimistic analyses: Some, like Peter Brandt, forecast a potential rise of 60% to around $4.47. There are also bolder estimates of 333% in 40 days according to Tony 'The Bull' Severino's analysis.
From a broader investment perspective
Some consider XRP one of the top currencies in the market, supported by strong performance in recent months, especially after its successful conclusion of a long legal battle with the Securities and Exchange Commission.
Quick summary of reasons and potential future
Factor Details
Recent decline More than 5-7% over the past two days, due to market liquidation and high inflation.
Potential bullish factors Legal and regulatory support, institutional purchases, and technical analysis indicating a recent upward wave.
Diverse analyses From conservative forecasts (60%) to extreme optimism (333% over 40 days).