The market falls after failing to break the resistance $XRP
and investor anxiety rises
The XRP token, which is used for cross-border payments, has dropped below a key support level after failing to break the resistance at the beginning of the week, raising concerns among investors about the currency's direction in the coming phase, according to market data.
While the currency recorded slight gains on Monday, it quickly fell after rejecting the resistance level, trading at $1.88 as the evening session began in Asia. It is worth noting that XRP has risen by 70–80% since the beginning of 2025 when it was close to $1.1.
Data from the analytics platform Santiment showed a shift in investor sentiment towards a selling direction, with negative comments on social media rising to unprecedented levels following the significant decline of the token since reaching its peak in July.
Santiment noted that this wave of negative sentiment often precedes strong price reversals, citing the recent movement in June that preceded a record rise in July.
Despite this, analyst and XRP community member Cobb predicted that the currency would reach a new all-time high over the next year, despite the current weak sentiment.
