XRP ($XRP) Crypto Forecast: Down 5.5% Today

What is XRP?

XRP, a cryptocurrency token associated with Ripple Labs, is recognized for facilitating rapid and cost-effective cross-border payments. Today, XRP encountered a significant downward trend amid overall market volatility.

Why is XRP going down?

XRP crypto is down 5.5% on Jan 29, 2025 19:25

• The bearish movement of XRP is possibly linked to the general uncertainty and volatility in the cryptocurrency market following the Fed's choice to maintain interest rates despite President Trump advocating for a cut.
• A growing debate surrounding XRP's involvement in the U.S. National Digital Asset Reserve could have heightened the pessimistic outlook on the token.
• The nervousness and speculation surrounding the significant Fed decision may have also contributed to XRP's downward trend, as investors exercised caution regarding the potential repercussions on different cryptocurrencies, including XRP.

XRP Price Chart

XRP Technical Analysis

XRP News

Fed Holds Interest Rate at 4.25-4.5% Despite Trump’s Call for a Cut: Here’s the Impact on Crypto

Fed Holds Interest Rate at 4.25-4.5% Despite Trump’s Call for a Cut: Here’s the Impact on Crypto

https://coinpedia.org/news/fed-holds-interest-rate-at-4-25-4-5-despite-trumps-call-for-a-cut-heres-the-impact-on-crypto/

Dogecoin Is Setting For A Massive Leg Higher – Analyst Sees Bullish Consolidation Above Key Level

Dogecoin Is Setting For A Massive Leg Higher – Analyst Sees Bullish Consolidation Above Key Level

https://www.newsbtc.com/news/dogecoin/dogecoin-is-setting-for-a-massive-leg-higher-analyst-sees-bullish-consolidation-above-key-level/

Tuttle Capital Seeks SEC Nod for Leveraged Crypto ETFs

Tuttle Capital Seeks SEC Nod for Leveraged Crypto ETFs

https://www.livebitcoinnews.com/tuttle-capital-seeks-sec-nod-for-leveraged-crypto-etfs/

Debate Over XRP’s Role in U.S. National Digital Asset Reserve Intensifies

Debate Over XRP’s Role in U.S. National Digital Asset Reserve Intensifies

https://cryptodnes.bg/en/debate-over-xrps-role-in-u-s-national-digital-asset-reserve-intensifies/

XRP, Bitcoin, and Other Tokens Bracing for Major Fed Decision

XRP, Bitcoin, and Other Tokens Bracing for Major Fed Decision

https://u.today/xrp-bitcoin-and-other-tokens-bracing-for-major-fed-decision

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XRP Price History

28.00.2025 - XRP Crypto was up 8.4%

• The speculation of a potential $5 price surge for XRP, fueled by Ripple's expansion in the US and acquisition of major licenses, is contributing to the bullish market trend.
• Confidence in XRP's utility and adoption is increasing with the launch of OUSG, a tokenized U.S. Treasury offering on the XRP Ledger by Ondo Finance.
• Investor interest in XRP is on the rise due to speculation about potential adoption alongside Bitcoin by the US as a strategic reserve, leading to upward price pressure.
• Regulatory concerns surrounding XRP are easing, with the removal of the Ripple lawsuit from the SEC's website. This development is boosting investor confidence and driving the bullish market sentiment.

28.00.2025 - XRP Crypto was up 9.1%

• The partnership between Ripple and Ondo Finance to introduce tokenized treasury OUSG to the XRP Ledger may have enhanced confidence in the utility and value of XRP.
• Increased XRP activity potentially drew in more investors, leading to a surge in the token's price.
• The noteworthy price surge in XRP, combined with investor FOMO, likely fuelled its bullish movement as demand rose.
• Amidst losses for Bitcoin and Ethereum ETFs, XRP's favorable price action could have distinguished it in the market, garnering increased attention and investment.

28.00.2025 - XRP Crypto was up 8.1%

• The bullish movement of XRP today can be attributed to the positive sentiment surrounding the potential adoption of XRP alongside Bitcoin by the US.
• The removal of the Ripple lawsuit from the SEC's website could have also contributed to the bullish breakout of XRP, as it alleviates regulatory concerns for investors.
• Additionally, the news of XRP's potential 40% rally further fueled investor optimism and buying interest in the token.
• Overall, the combination of positive sentiment and market conditions likely propelled XRP's strong upward movement today.

28.00.2025 - XRP Crypto was up 12.3%

• XRP saw a positive movement today as the crypto market surged, with Bitcoin surpassing the $103K mark.
• Debate around XRP reserves involving Ripple's CEO may have heightened investor interest and confidence in XRP.
• Whales acquiring $360 million worth of XRP within 24 hours likely led to a scarcity in supply, accelerating the token's price.
• The rise in new Ethereum addresses, reaching 200K, may have contributed to a general optimistic outlook in the cryptocurrency market, which also benefited XRP.

28.00.2025 - XRP Crypto was up 5.7%

• Despite facing legal challenges with the SEC, XRP has demonstrated strength and upward movement, aiming for important resistance levels.
• The clearance of legal disputes against Ripple by the SEC has given a boost to XRP, resulting in a notable price surge.
• The Ripple CEO's push for XRP to be recognized in a digital asset portfolio, alongside favorable SEC developments, has contributed to an 8% rise in XRP's value.
• XRP's surge towards levels last seen in 2017, combined with Brad Garlinghouse's promotion of federal alternative currency reserves, has established XRP as a frontrunner in the revival of the cryptocurrency market.

28.00.2025 - XRP Crypto was up 6.8%

• The bullish movement of XRP today can be attributed to positive news surrounding a partnership between Ondo Finance and the XRP Ledger, which aims to expand a significant treasury token offering.
• Bringing a tokenized US Treasury fund on Ripple's XRP Ledger has likely sparked investor interest and contributed to the upward price movement of XRP.
• The significant inflows of digital assets driven by a recent crypto executive order may have also played a role in boosting confidence in cryptocurrencies like XRP, leading to its price surge.
• The presence of massive amounts of XRP being moved by whales could be seen as a bullish signal by investors, further fueling the price rally of XRP.

28.00.2025 - XRP Crypto was up 9.3%

• XRP displayed a robust bullish movement, surpassing Bitcoin and Ethereum in weekly inflows.
• The increase in XRP's price gained momentum as investors aimed to maintain the upward trend, possibly influenced by positive market sentiment and rising investor interest.
• A new partnership between Worksport and Coinbase as a cryptocurrency custodian for treasury strategies may have played a role in the constructive outlook for XRP, indicating an increase in adoption and utility within the cryptocurrency ecosystem.
• The emphasis on understanding the XRP Ledger (XRPL) and its influence might have contributed to the boost in confidence in XRP, attracting more investments and driving the bullish market movement.

28.00.2025 - XRP Crypto was up 7.1%

• Significant amounts of XRP being transferred by large holders may suggest growing optimism among major investors, potentially pushing the price higher.
• A tokenized U.S. Treasury offering backed by BlackRock Fund on the XRP Ledger could signal confidence in XRP's technology and ecosystem, attracting more investor attention.
• Despite the introduction of Memecoin ETFs by Tuttle Capital momentarily diverting focus from XRP, the overall market sentiment remains positive, overshadowing this temporary effect.
• The partnership between Ripple and Ondo Finance to introduce tokenized Treasury OUSG to the XRP Ledger appears to be a strategic step to boost the utility and adoption of XRP, contributing to the upward momentum.

28.00.2025 - XRP Crypto was up 8.3%

• Comments from Ripple CTO dispelling discussions on XRP centralization may have bolstered investor trust in the token, resulting in higher buying activity.
• The announcement of Ondo Finance collaborating with XRP Ledger likely fostered positive sentiment towards XRP, drawing more investors.
• The general uptrend in the cryptocurrency market, demonstrated by a $1.9B inflow of digital assets prompted by a crypto executive order, probably created a favorable backdrop for the surge in XRP's price.
• Notably, some Shiba Inu and XRP holders venturing into another altcoin during a market downturn could indicate a trend of portfolio diversification, potentially benefiting XRP through increased attention and capital inflows.

28.00.2025 - XRP Crypto was up 7.2%

• XRP saw a strong bullish movement today, rallying towards 2017 highs, possibly fueled by positive SEC developments and calls from Ripple's CEO for XRP to be considered in a digital asset stockpile.
• The expansion of Ripple's US footprint with major licenses could have also contributed to the bullish sentiment surrounding XRP, with speculations of a potential $5 price eruption.
• The teasing of major XRP updates by a Ripple insider might have further fueled investor optimism and interest in XRP, driving up its price.
• While memecoins are a separate category, the overall positive sentiment in the cryptocurrency market, as indicated by the potential maturation of memecoins by 2030, could have also played a role in boosting XRP's price today.

29.00.2025 - XRP Crypto was down 5.5%

• The bearish movement of XRP is possibly linked to the general uncertainty and volatility in the cryptocurrency market following the Fed's choice to maintain interest rates despite President Trump advocating for a cut.
• A growing debate surrounding XRP's involvement in the U.S. National Digital Asset Reserve could have heightened the pessimistic outlook on the token.
• The nervousness and speculation surrounding the significant Fed decision may have also contributed to XRP's downward trend, as investors exercised caution regarding the potential repercussions on different cryptocurrencies, including XRP.

28.00.2025 - XRP Crypto was up 12.8%

• XRP's surge in value could be linked to significant holders of Ripple moving 120 million XRP during a recent market decline, signaling strong backing from major stakeholders.
• Positive market sentiment across the crypto space, indicated by Bitcoin surpassing the $103K mark following a rise subsequent to a dip, likely influenced the upward trajectory of XRP.
• The Ripple CEO participating in a discussion with Bitcoin proponents over XRP's reserves might have sparked interest and confidence in the token, further driving its bullish trend.