Ripple-SEC case and Bitcoin price action continue to shape XRP’s short-term and long-term outlook.
XRP fell 2.4% in the past 24 hours, now trading at $2.14 after a recent high of $2.23. Daily trading volume also dropped by 39%, hitting $3.27 billion, according to Coingecko. The price and volume decline reflects reduced interest from market participants, potentially due to market conditions and broader macroeconomic developments.
Despite the short-term drop, the token remains up 6.03% over the past seven days. Its market capitalization stands at approximately $126.69 billion. However, the steep fall in trading activity has raised questions about whether this could be an early sign of a trend reversal or continued sideways movement.
XRP has been trading within a narrow range between $2.10 and $2.30 for several weeks. The price movement shows no clear breakout or breakdown, creating uncertainty among traders. Analysts note that XRP has been testing key support zones, particularly the $2.10 level, which has held firm on multiple occasions.
On the chart, the token remains below the 13-EMA of $2.23 and above the 200-EMA at $1.83. The RSI (14) is currently at 50.43, just below its SMA of 52.93, indicating neutral momentum. These technical signals suggest the market is undecided, with both bullish and bearish traders holding back from strong moves.
General sentiment in the cryptocurrency market remains cautious. Trading volume across major coins has dropped by 8.6%, reflecting reduced activity. Bitcoin, the leading digital asset, is also facing pressure. After reaching an all-time high of $111,970 in May 2025, Bitcoin has struggled to stay above $110,000.
XRP’s next upward move may depend on broader market recovery. Historically, altcoins have followed Bitcoin in major rallies. If Bitcoin regains momentum, XRP could potentially break through the $2.50 resistance level. Until then, the coin is likely to remain range-bound.
The ongoing Ripple versus SEC lawsuit continues to influence market sentiment. A recent joint filing by both parties at the U.S. Court of Appeals requested a pause in the appeals process. Market participants are closely watching the outcome as it may affect future regulatory treatment of XRP.
Meanwhile, crypto analyst Mikybull Crypto noted that XRP’s current 200-day consolidation structure resembles the pattern seen before its 2017 breakout. At that time, XRP rallied 1,300% to reach $3.40. While this historical pattern has drawn interest, traders remain cautious given current market conditions and legal uncertainty.
