XRP Plunges to $2.09 Amid Crypto Crash, Analysts Divided

The violent correction in the broader cryptocurrency market has delivered a devastating blow to Ripple’s XRP, erasing almost all the gains the digital asset had accumulated throughout 2025. During the peak of the sell-off, XRP plummeted to $2.09, triggering liquidations that exceeded $1 billion across the cryptocurrency market. While bulls managed to halt the free fall and push the price back to $2.23, the damage to investor portfolios has been substantial.

This dramatic price action represents one of the most significant setbacks for XRP holders this year, effectively resetting the token’s progress. The rapid descent and partial recovery highlight the extreme volatility that continues to characterize cryptocurrency markets, even for established assets like Ripple’s cross-border token. The $1 billion in liquidations underscores the magnitude of the leverage being unwound during such market corrections.

Several prominent analysts are warning that the worst may not be over for XRP. IncomeSharks, a well-followed crypto commentator on X, believes another substantial pullback could be imminent. The analyst specifically predicted that investors hoping to buy below $2 might soon get their opportunity, stating ‘$XRP – If you missed it under $2 you’ll probably have a chance to bid it again.’

Another analyst, CRYPTOWZRD, provided technical analysis suggesting that a rejection from the $2.30 level could offer short opportunities and potentially lead to a decline to the $2.08 support level. This bearish perspective is grounded in technical analysis that identifies key resistance and support zones that could determine XRP’s near-term price trajectory. Trading below $2 has been a rare occurrence for XRP this year, with the last instance occurring during the October 10 crash that sent shockwaves throughout the entire crypto market.

Despite the prevailing negative sentiment, some analysts remain steadfastly optimistic about XRP’s prospects. EGRAG CRYPTO, known for ultra-bullish predictions, posted an analysis expressing ‘zero fear because on the higher timeframes nothing has changed.’ This perspective suggests that the recent crash represents noise rather than a fundamental shift in XRP’s long-term trajectory.

The bullish analyst argued that as long as XRP holds above $1.94, investors are ‘sitting in one of the most powerful accumulation zones you’ll ever see.’ This viewpoint frames the current price weakness as a potential buying opportunity for long-term investors rather than a reason for panic. EGRAG CRYPTO outlined two potential scenarios: ‘Micro Wick 1’ targeting a new all-time high of $10, and ‘Micro Wick 2’ with an ambitious target of $50.

Defending these optimistic projections, the analyst concluded ‘I’m not talking fantasy here, this cycle could easily see XRP tapping that $50 wick as the real blowoff ends.’ This stark contrast in analyst opinions highlights the divided sentiment within the XRP community and the broader cryptocurrency market, where extreme volatility can produce dramatically different interpretations of the same price action.