{"id":48847,"date":"2025-09-22T15:01:51","date_gmt":"2025-09-22T15:01:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=48847"},"modified":"2025-09-22T15:01:51","modified_gmt":"2025-09-22T15:01:51","slug":"altcoin-selloff-hits-xrp-analysts-say-lawsuit-no-longer-the-key-factor","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=48847","title":{"rendered":"Altcoin Selloff Hits XRP: Analysts Say Lawsuit No Longer the Key Factor"},"content":{"rendered":"
\n

Despite weekly optimism, XRP has dropped below the $3 mark again, frustrating its community as the token falls behind broader market trends. Currently, it is trading near $2.90, down more than 4% in the past 24 hours, with a market cap of around $173 billion.<\/p>\n

Despite a historic U.S. spot XRP ETF launch and Ripple\u2019s strengthened ties with Spain\u2019s BBVA bank, the token has failed to sustain upward momentum.<\/p>\n

Analysts<\/a> now argue that XRP\u2019s sluggish performance can no longer be blamed on the U.S. Securities and Exchange Commission (SEC) lawsuit, which has long been cited as a key obstacle to growth. With that case resolved, attention has shifted to deeper market dynamics.<\/p>\n

Profit-Taking, Liquidations, and Market Sentiment<\/strong><\/h2>\n

XRP\u2019s ETF debut generated record $37 million in day-one trading volume, but it also triggered a classic \u201csell the news\u201d response. Many institutional investors exited positions, sparking heavy selling pressure.<\/p>\n

Adding to the downturn, XRP<\/a> traders faced nearly $79 million in liquidations over the past day, with long positions making up the majority. This wave of forced selling drove prices down, undermining confidence among retail investors.<\/p>\n

Meanwhile, the broader crypto market lost 4% in value, with billions wiped from altcoin capitalization. Ethereum (ETH) and other major assets also saw steep declines, further dragging XRP down.<\/p>\n

\"Ripple<\/p>\n

Can XRP Avoid a Steeper Decline?<\/strong><\/h2>\n

XRP is now battling to hold support near $2.80, with traders warning that a break lower could expose the token to the $2.50\u2013$2.60 zone. Bulls, on the other hand, need to reclaim the $3.10\u2013$3.20 range to re-establish momentum and revive hopes of testing the $3.65 all-time high.<\/p>\n

Market sentiment remains mixed. Some commentators, such as analyst BarriC<\/a>, suggest XRP could still surge dramatically if it follows historical patterns, even hinting at a possible $300 price target by 2026.<\/p>\n

Others remain skeptical, pointing to continued selling pressure and tighter regulatory compliance requirements for altcoin ETFs. For now, XRP holders face a crucial test: defend current levels or risk deeper losses as the altcoin market selloff accelerates.<\/p>\n

Cover image from ChatGPT, XRPUSD chart from Tradingview<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Despite weekly optimism, XRP has dropped below the $3 mark again, frustrating its community as the token falls behind broader market trends. Currently, it is trading near $2.90, down more than 4% in the past 24 hours, with a market cap of around $173 billion. Despite a historic U.S. spot XRP ETF launch and Ripple\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-48847","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/48847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48847"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/48847\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}