XRP is currently navigating a challenging phase as downside risks begin to outweigh bullish momentum. The main focus keyword, XRP, has shown limited movement and appears to be resting on crucial support levels amid caution among traders and changing strategies within Ripple itself. At the time of writing, XRP is priced at $2.11, struggling to rise above key resistance levels.
Ripple’s decision to discontinue its long-standing quarterly reports could mark a significant shift in how stakeholders interact with the XRP ecosystem. Having published detailed reports since 2017 aimed at promoting transparency, Ripple has announced that beginning in the second quarter of 2025, these documents will no longer be made available. Instead, the company plans to rely on its official communication channels to share critical updates concerning XRP and its associated technologies.
Ripple Shifts Transparency Strategy Amid Institutional Growth
Ripple’s latest quarterly communication emphasized that the traditional reports have not effectively served their intended purpose. Rather than offering clarity, the reports have, according to Ripple, been used against the company during regulatory disputes, notably by the previous leadership team at the Securities and Exchange Commission (SEC).
Despite ending these publications, Ripple is not stepping back from offering public insights. Instead, the company highlighted its intention to offer more focused, meaningful data and maintain open communication about project developments and institutional partnerships. Notably, XRP-related products are increasingly attracting institutional interest.
This trend is underscored by Franklin Templeton’s filing for an XRP-based spot ETF with the SEC, signaling growing confidence in the asset. In addition, CME Group’s launch of XRP futures has further cemented expectations of XRP becoming a staple in institutional trading.
In further institutional moves, Ripple made headlines with its $1.25 billion acquisition of the prime brokerage firm Hidden Road. This strategic acquisition aims to open new avenues for RLUSD and the XRP Ledger, focusing on facilitating corporate and institutional usage.
Moreover, Ripple’s first-quarter report revealed significant inflows into XRP investment products. A total of $214 million in year-to-date inflows was reported, putting XRP investment vehicles just $1 million short of matching Ethereum’s global funds. XRP exchange-traded products are gaining popularity as a preferred choice among diversified portfolios.
Bearish Indicators Overshadow Market Optimism
Despite growing institutional interest, XRP price trends remain under pressure. The token sits beneath critical moving averages on the 12-hour chart—50, 100, and 200 EMAs—indicating a persistent negative trend. The descending trendline originating from January continues to cap any temporary upside attempts.
According to CoinGlass data, long positions suffered the bulk of recent market liquidations, totaling $6.93 million out of a total $8 million within a 24-hour window. This suggests that bullish traders were over-leveraged, and the resulting losses indicate stronger downward momentum.
Additionally, Open Interest has remained flat at $3.62 billion, suggesting limited enthusiasm from new buyers who might otherwise absorb recent sell-offs. The declining trend in technical indicators such as the Relative Strength Index (RSI) further supports this negative outlook. The RSI has plummeted from 65.43 to 39.56—nearing the oversold territory, which could prompt intensified panic selling.
Should XRP fall below the critical $2.00 support level, analysts anticipate possible further drops, potentially reaching the previous low of $1.62 observed in early April.
Support Remains a Pivotal Battleground
Despite the current bearish momentum, there remains a pathway for XRP to reverse its downtrend. Should the $2.00 support level effectively hold, it may provide the necessary liquidity and psychological confidence to initiate the next upward run. For a meaningful bullish reversal, XRP would need to overcome several technical barriers, including the EMAs at $2.17, $2.19, and $2.21, as well as the recently dominating descending trendline.
If this happens, XRP could resume its upward journey toward $3.00, though the path will likely remain volatile, hinging on broader market confidence and institutional inflows.
