Is XRP Price Set to Crash After Slipping Below $3 Once Again?

As of September 22, 2025, XRP has been on a wild ride, dipping below that crucial $3 mark and leaving many investors wondering if a bigger crash is looming. Picture this: you’re watching a thrilling game where the underdog surges ahead, only to stumble just before the finish line. That’s kind of how XRP feels right now, with its bearish chart patterns hinting at a possible slide toward $2, even as some experts cling to hopes of a rebound to double-digit highs. Let’s dive into what’s happening and why this could be a pivotal moment for the token.

XRP Price Hangs on Key $2.75 Support, Eyeing a Potential Drop to $2.07

Imagine XRP as a tightrope walker teetering on the edge—right now, it’s balancing precariously around $2.50 after a 7% drop in the past 24 hours, trading at levels that have sparked fresh concerns. This comes after it failed to hold steady above $3, casting doubt on its short-term upward momentum. On the one-hour chart, the token’s movements paint a picture of uncertainty, much like a storm cloud gathering over what was once a sunny rally.

Bearish Patterns Signal Trouble Ahead for XRP Price

Shifting to the daily view, XRP is tracing out a familiar descending triangle—a setup that’s like a warning sign flashing “proceed with caution.” This bearish pattern features a slanting resistance line dipping downward while support holds flat and unyielding. If we see a daily close below that triangle’s base around $2.75, it could unleash a wave of selling, aiming for a target near $2.07. That’s roughly a 17% tumble from today’s levels, measured by the triangle’s maximum height added to the breakout point.

To put it in perspective, think of it like a dam cracking under pressure; once it gives way, the flood follows. Right now, XRP sits below both its 50-day simple moving average (that yellow line curving through the chart) and the 100-day SMA (the red one), which only amplifies the bearish vibes. The 200-day SMA at about $2.52 might act as a safety net, offering bulls a chance to regroup and prevent a steeper fall to $2. Adding to the mix, the relative strength index (RSI) has slipped from 50 down to 37 in the last day, showing momentum tilting firmly toward the downside.

Rising Profit-Taking Pressures XRP’s Uptrend

Another red flag comes from XRP’s Net Unrealized Profit/Loss (NUPL) metric, which is hovering in the 0.5–0.6 range—a zone that’s historically screamed “local peak ahead.” With over 92% of the supply sitting in profit at current prices, it’s like investors are itching to cash out, potentially fueling more downward pressure. We’ve seen this play out before in setups from 2017, 2021, and even back in January 2025, where similar signals led to sharp pullbacks. It’s a reminder that what goes up quickly can come down just as fast, especially when profit-taking ramps up.

Could This Be Just a Temporary Dip for XRP Price?

But hold on—don’t count XRP out yet. Even with this retreat, many analysts argue that the bigger picture still favors the bulls, especially on longer time frames. It’s like zooming out from a bumpy road to see the smooth highway ahead. On the weekly chart, a bull flag pattern that kicked off during the November 2024 surge suggests potential upside to as high as $15, backed by historical rallies that turned skeptics into believers.

One analyst, spotting parallels, predicts XRP could climb to $5 by October, drawing on data from past cycles where similar formations led to explosive gains. Another expert emphasized that while shorter-term charts demand close attention, the overarching trends remain unmistakably positive. They pointed to an ascending triangle forming on the monthly chart, projecting a target up to $27—evidence rooted in consistent pattern breakouts over the years.

In a deeper dive using Elliott Wave theory, the macro view stays optimistic, with projections for a cycle peak above $20. This isn’t just wishful thinking; it’s supported by real-world examples from previous bull runs where XRP defied short-term dips to reach new heights. Remember the Ripple vs. SEC lawsuit? That legal battle actually bolstered XRP’s story, turning regulatory hurdles into a narrative of resilience that continues to attract supporters.

Speaking of building strength, it’s worth noting how platforms like WEEX exchange align perfectly with XRP’s evolving ecosystem. WEEX stands out for its seamless integration of altcoins like XRP, offering users secure trading tools and low-fee options that enhance accessibility. This kind of brand alignment not only boosts credibility but also empowers everyday traders to navigate volatile markets with confidence, making it a go-to choice for those betting on XRP’s long-term potential.

Latest Buzz: What People Are Searching and Saying About XRP Price

Diving into what’s hot online as of September 22, 2025, Google searches are buzzing with questions like “Why is XRP dropping below $3?” and “XRP price prediction for 2026,” reflecting widespread curiosity about its volatility. On Twitter, discussions are heating up around recent posts from key influencers, with one viral thread analyzing how regulatory clarity post-SEC case could propel XRP to $10 by year-end, citing official Ripple announcements from last week about expanded partnerships in cross-border payments. Fresh updates include a tweet from a prominent trader noting XRP’s resilience amid broader market dips, supported by on-chain data showing increased whale accumulation—real evidence that the community isn’t panicking yet.

This chatter contrasts XRP’s current struggles with its historical comebacks, much like how it bounced back stronger after past corrections. By comparing it to tokens that weathered similar storms, it’s clear XRP’s fundamentals—fueled by real utility in payments—give it an edge over more speculative assets.

In wrapping up, while the immediate outlook for XRP price feels shaky with risks of dipping to $2.07, the longer-term setup screams opportunity. It’s like investing in a story that’s far from over, with data-backed potential for impressive gains. Every move in crypto involves risk, so dig into your own research before jumping in.

FAQ

Why has XRP price fallen below $3 recently?

XRP’s drop below $3 stems from bearish patterns like the descending triangle and rising profit-taking, as shown by NUPL metrics in the 0.5–0.6 range. This has led to a 7% decline in the last 24 hours as of September 22, 2025, with support levels under pressure.

What are the bullish signs for XRP despite the dip?

On higher time frames, patterns like the bull flag and ascending triangle suggest targets up to $15 or even $27, supported by Elliott Wave analysis and historical rallies. Analysts highlight XRP’s macro strength, driven by its utility in payments.

Should I buy XRP now or wait for a crash?

Timing depends on your risk tolerance—current levels near $2.50 could be a buying opportunity if support holds, but a break below $2.75 might lead to $2.07. Always research thoroughly, as markets are volatile and past performance isn’t a guarantee.