XRP Sheds 10% In Seven Days – So Why Are Traders Still Bullish?
Posted On June 23, 2025
Despite a 12% weekly decline, XRP (CRYPTO: XRP) continues to attract strong bullish sentiment. Rising ETF approval odds and growing on-chain activity bolster long-term confidence among traders.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
XRP (CRYPTO: XRP) | $2.02 | $119.4 billion | +3% | -10.3% |
Bitcoin (CRYPTO: BTC) | $102,278.23 | $2.03 trillion | +1.6% | -4.4% |
Ethereum (CRYPTO: ETH) | $2,296.59 | $277.2 billion | +5% | -12.6% |
Trader Notes: Cryptoinsightuk expects XRP to sweep liquidity near $1.87 before a potential bounce. A drop to $1.72 would be a “blessing entry” but may not materialize. He calls the overhead liquidity dense, suggesting that a breakout could result in a sharp, “glorious” rally.
Another trader, Altcoin Gordon, points to a developing wedge pattern and warns that most traders will notice XRP only after a breakout, when it’s …