XRP has demonstrated strong resilience in recent trading sessions, rebounding to $2.18 despite broader market caution and a significant drop in activity surrounding Ripple’s stablecoin, Ripple USD (RLUSD). While RLUSD volume has plummeted over 60% due to a prolonged halt in minting, XRP continues to hold steady, supported by robust trading volume and sustained investor confidence. This divergence highlights the growing independence of XRP’s price dynamics from other assets within the Ripple ecosystem.
As of the latest data, XRP is trading at $2.18, marking a modest 0.2% gain over the past 24 hours. The digital asset recovered sharply from a low of $2.06 earlier in the week, reclaiming lost ground and closing with clear signs of renewed bullish momentum. This rebound occurred even after an hourly "death cross" signal—typically seen as a bearish indicator—was triggered when the 50-period simple moving average dipped below the 200-period SMA.
👉 Discover how market sentiment is shaping XRP’s next move.
Ripple USD (RLUSD) Faces Sharp Decline in Trading Activity
Despite XRP’s stability, Ripple’s foray into the stablecoin space—Ripple USD (RLUSD)—is experiencing a steep downturn in market engagement. Trading volume for RLUSD has dropped by more than 60%, now hovering around $42 million. According to industry analysts, this decline stems from a complete pause in token minting, with no new RLUSD issued in over 41 days.
This extended suspension raises questions about Ripple’s strategic intentions. It could reflect a deliberate effort to stabilize supply amid uncertain demand or signal weaker-than-expected adoption of the stablecoin. Launched as a potential competitor to dominant players like USDT and USDC, RLUSD aimed to strengthen liquidity and utility across the XRP Ledger (XRPL). However, its fading market presence may now threaten that vision.
Reduced RLUSD activity risks impacting decentralized exchanges (DEXs) and XRPL-based decentralized applications (dApps), where stablecoins are essential for trading pairs, yield farming, and price stability. Lower liquidity could hinder transaction efficiency and user experience on the network.
Yet, XRP itself appears largely unaffected. Its established role in cross-border payments, remittances, and institutional settlements continues to drive demand independently. This decoupling suggests that while RLUSD struggles to gain traction, XRP maintains its value proposition based on real-world use cases and strong investor sentiment.
XRP Price Analysis: Consolidation With Bullish Undercurrents
Over the past week, XRP has traded within a narrow range of $2.09 to $2.28, indicating a phase of consolidation. Despite this sideways movement, the year-on-year performance tells a compelling story: XRP has surged 313.9%, underscoring deep-rooted confidence among long-term holders.
Technically, the hourly chart briefly flashed a bearish "death cross," but the market quickly invalidated the signal. Bulls stepped in decisively, defending critical support at $2.0777 and triggering a powerful reversal. This turnaround was accompanied by a surge in trading volume—exceeding $3.5 billion in 24 hours—confirming strong buyer participation.
Currently, XRP is testing resistance at $2.19, which coincides with the 200-hour simple moving average. A sustained break above this level could open the path toward $2.28, the recent swing high. Conversely, failure to maintain upward momentum may result in a retest of support near $2.15, where buying interest has historically been strong.
On the daily timeframe, the bounce from $2.0777 support reinforces the presence of underlying demand. Although momentum has cooled slightly, price action remains confined within a stable channel between $2.15 and $2.25. This range-bound behavior is expected to persist unless a decisive breakout or breakdown occurs.
A weekly close above $2.25 would be particularly significant, potentially reigniting bullish momentum toward $2.40—a new local peak that could attract renewed institutional attention.
👉 See how volume trends are influencing XRP’s short-term trajectory.
Key Factors Driving XRP’s Market Outlook
Several macro and micro factors continue to shape XRP’s trajectory:
- Institutional Adoption: Ripple’s partnerships with financial institutions and payment providers remain a cornerstone of XRP’s utility.
- Regulatory Clarity: Ongoing developments in the SEC lawsuit continue to influence investor sentiment.
- Network Activity: On-chain metrics show consistent transaction volume and wallet growth, indicating healthy ecosystem engagement.
- Market Sentiment: Despite short-term volatility, long-term holders remain confident, as reflected in stable holding patterns and low sell pressure.
These elements collectively support a neutral-to-bullish near-term forecast, provided key technical levels hold.
Frequently Asked Questions (FAQ)
Q: Why is RLUSD volume dropping?
A: RLUSD trading volume has declined over 60% due to a 41-day pause in minting new tokens. This halt may reflect strategic supply management or weak market demand.
Q: Is XRP affected by RLUSD’s decline?
A: Not significantly. While both assets exist on the XRP Ledger, XRP’s price is primarily driven by investor sentiment, trading volume, and real-world use cases in global payments.
Q: What is the significance of the death cross on XRP’s hourly chart?
A: The death cross is typically bearish, but in this case, it was quickly reversed. The strong volume-backed recovery suggests that sellers failed to gain control.
Q: What price range is XRP likely to trade in short term?
A: XRP is expected to remain between $2.15 and $2.25 unless it breaks out with strong momentum. A close above $2.25 could target $2.40.
Q: Can XRP reach $3 in 2025?
A: While possible under bullish macro conditions and favorable regulatory outcomes, current data suggests $2.40 is a more immediate target.
Q: How does low RLUSD activity impact the XRPL ecosystem?
A: Reduced stablecoin liquidity may affect DEXs and dApps relying on RLUSD for trading pairs and stability, potentially slowing ecosystem growth if unaddressed.
👉 Explore real-time data and tools to track XRP’s next breakout.
Final Thoughts
XRP continues to demonstrate resilience amid shifting dynamics within Ripple’s broader ecosystem. While RLUSD faces challenges in gaining adoption, XRP remains firmly supported by strong fundamentals, active trading volume, and growing global utility. As technical indicators stabilize and investor confidence holds, XRP is well-positioned for potential upside in the coming weeks—provided key support levels remain intact.
The separation between XRP and RLUSD performance underscores a maturing market where utility and adoption—not just ecosystem affiliation—dictate value.
Core Keywords: XRP price forecast, RLUSD volume drop, XRP price prediction, Ripple USD, XRP Ledger, XRP trading range, death cross XRP, XRP support levels