Crypto price prediction: Ripple buys hidden road for $1.25 Billion, XRP indicators signal bearish

Crypto analysis: (XRP)

 

Ripple has made a big move by buying Hidden Road for $1.25 billion. This deal will allow Ripple to improve its financial services for big institutions. One key upgrade is adding the XRP Ledger, which helps speed up payment settlements. Ripple is also launching a new stablecoin called RLUSD. This stablecoin will help with managing risks in trading by making cross-margining easier. Even though Ripple has put its IPO (Initial Public Offering) plans on hold, this acquisition shows the company is serious about growing in the crypto world.

In the past 24 hours XRP has dropped by 2.22%, now priced at $1.81. Its trading volume has also gone down by 25.46%, sitting at $7.42 billion. This means fewer people are trading the coin right now. While these numbers show some slowdown, it’s not uncommon in a market that changes quickly.

Currently, XRP is trading below important technical levels, including its 50-day, 100-day, and 200-day Exponential Moving Averages (EMA). This suggests the price is weaker than usual. It also fell under key support zones like $2.00 and $1.80. XRP even dropped to $1.6176 recently, a price not seen since November 2024, but it has slightly recovered to about $1.75.

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Technical indicators are showing a bearish trend. The Relative Strength Index (RSI), which measures market momentum, has moved into oversold territory. This usually means that many traders are selling or avoiding risky moves. The MACD indicator also shows a continuing downtrend, adding to the negative sentiment. If XRP cannot stay above $1.80, the price might fall further, possibly reaching as low as $1.40 or even $1.00.

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Even with the current decline, there could still be a quick bounce back. The RSI being close to oversold means a reversal might happen soon. If traders see value in XRP at these lower levels, the price might rise again. Watching market reactions, especially with any changes in U.S. tariffs, will be important for investors planning their next move.

For those looking to invest, using strategies like dollar-cost averaging (DCA) might help reduce risk. This means buying small amounts regularly instead of all at once, which can help handle the ups and downs of the market. If XRP recovers and rises above $2 again, those who stayed patient may benefit from this long-term plan.