Ripple price analysis: XRP/USD down 3.6% on a daily basis despite further XRP mass adoption

XRP's recovery stalled.
Payment platform coins.ph now supports Ripple's coin.

Tanya Abrosimova Independent Analyst

XRP is trading at $0.3390 after falling to $0.3200 on Wednesday. The third largest coin spiked to $0.3575 on Thursday, but the upside triggered by speculative positioning proved to be unsustainable. XRP is down 3.6% on a daily basis despite mild recovery on the cryptocurrency markets.

Meanwhile, Ripple's coin has made its way to the Filipino cryptocurrency market. It is now available on the cryptocurrency payment platform coins.ph with 5 million users. The platform allows users in the Philippines to pay bills directly in cryptocurrency. The news confirms XRP's progress towards mass adoption. Earlier, XRP became available for everyday spending via Wirex Visa card.

Ripple's technical picture

On the upside, the recovery is capped by SMA50 - 1hour chart, currently at $0.3420. Of this area is cleared, the recovery may be extended towards $0.3575 (Thursday's high) and $0.3749 (SMA100 - 1hour chart). On the downside, XRP is well supported by $0.3300, though, a sustainable movement lower, the sell-off mat continue towards $0.3200 and $0.3000.

XRP/USD, 1-hour chart

Author

Tanya Abrosimova

Independent Analyst

Ripple falters amid sell-off jitters and negative funding rates

Ripple (XRP) has come under pressure, drifting lower to $1.35 at the time of writing on Tuesday. The over 2% correction looks poised to erase the previous day’s gains, which lifted the remittance token to $1.42.

Bitcoin could risk $50,000 amid the US-Iran war, mirroring the Russia-Ukraine war losses

Bitcoin (BTC) remains at downside risk amid escalation in the Middle East war, as Iran retaliates against the US, Israel, and its neighbouring countries. Drawing parallels to the early days of the Russia-Ukraine war, Bitcoin could extend losses below $60,000.

Crypto Today: Bitcoin, Ethereum, XRP pull back as sentiment remains in extreme market fear

The cryptocurrency market is broadly in the red on Tuesday as the Middle East grapples with an escalating war. Bitcoin (BTC) is in a pullback, trading below $67,000 at the time of writing, and most altcoins follow suit.

Bitcoin slips below $67,000 as risk-aversion grows amid escalating US-Iran war

Bitcoin price slides 3% on Tuesday, nearly erasing the previous day's rebound. US-listed spot ETFs recorded an inflow of more than $450 million while Strategy added 3,015 BTC on Monday.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.