Why XRP Is Going Down Today: Will $XRP Go Up or Continue to Fall?

Why XRP Is Going Down Today: Reasons, $XRP Price Predictions & Update

XRP price today stands at $3.10, reflecting an intraday drop of 2.41%. Over the past week, XRP has been stuck in a consolidation phase, slipping by 0.90%. The dip in XRP price has sparked widespread speculation among investors, who are keen to understand why XRP is going down today and the factors influencing its performance.

Source: CoinMarketCap

Why XRP Is Going Down Today: Will XRP skyrocket? 

Social Media Backlash and Bitcoin Reserve Controversy

The ongoing debate surrounding Ripple's alleged lobbying against the Strategic Bitcoin Reserve (SBR) has added significant pressure on XRP. Pierre Rochard, VP of Research at Riot Platforms, accused Ripple of actively trying to block the development of the SBR in the U.S., claiming that Ripple’s actions are undermining Bitcoin and American prosperity. Rochard alleged that Ripple is spending millions lobbying against the SBR to promote its Central Bank Digital Currencies (CBDCs) agenda. These accusations have generated negative sentiment across social media, creating skepticism about Ripple XRP news and contributing to the bearish momentum.

Rochard also criticized Ripple for purportedly attempting to influence the Biden administration against Bitcoin mining. He declared Ripple’s interference as a declaration of “war” on Bitcoin, a claim that has further amplified the controversy and fueled a wave of doubts among investors.

CME Group XRP ETF Rumors and Market Uncertainty

Adding to the downward pressure on XRP is the speculation surrounding a potential CME XRP ETF. The CME Group recently listed XRP and Solana Future ETFs on its beta website, sparking rumors about a February 10 launch, pending regulatory approval. Analysts believe an XRP ETF approval date could be a game-changer, with the potential to push prices to $10-$15 in the short term. However, the lack of official confirmation has left investors cautious, further explaining why XRP is going down.

$XRP Price Prediction: Will XRP Reach $10?

Despite current challenges, XRP price prediction remains cautiously optimistic. Based on the current performance, analysts investigated XRP price prediction 2025, XRP price prediction 2026, and XRP price prediction 2030. As per the analysis, XRP to trade between $3.65 and $3.68 by December 2025. In 2026, it is forecasted to range from $3.03 to $3.71, with an average price of $3.27. Looking ahead to 2030, Ripple XRP news suggests the token could experience significant growth, fluctuating between $6.16 and $7.12.

While short-term headwinds like the XRP lawsuit, regulatory challenges, and market controversies continue to weigh on the token, its long-term potential remains a subject of debate. Investors are advised to monitor developments in the XRP court case update today, alongside broader market conditions, before making decisions.