TLDR
- XRP dropped by 13% within 24 hours and touched a low of $3.02.
- The sharp decline made XRP the second-worst-performing major crypto after Dogecoin.
- Analysts stated that the pullback is a normal correction within an ongoing bullish trend.
- Influencers emphasized that reactions to XRP’s price moves are often exaggerated compared to Bitcoin.
- Some experts predicted XRP could rebound to $4.20 or even reach between $10 and $15 this season.
XRP experienced a sharp price decline within 24 hours, slipping from above $3.50 to nearly breaking below $3. The asset touched a low of $3.02, marking a 13% drop, raising serious concern across the market. Despite the setback, some experts assert that this retracement is minor in context and could lead to a stronger rebound.
The broader crypto market showed mixed results as multiple top-ranking assets also registered losses. However, XRP stood out for its steep dip, surpassed only by Dogecoin. This intensified discussions around XRP’s short-term volatility and potential future direction.
While many holders expressed concern, several analysts and influencers emphasized that such pullbacks are typical in bullish cycles. They argue that the market could see renewed strength once the current pressure subsides. The contrasting market behavior has triggered new debates on investor sentiment and asset performance standards.
XRP Declines Sharply Amid Market Correction
XRP fell from $3.50 to $3.02 in one day, marking the asset’s most significant drop in recent weeks. The 13% decrease ranked second worst among top cryptos, just after Dogecoin’s 13.5% slide. Yet, market observers point out that XRP had previously surged over 90% in just 30 days.
Technical analysts claim that the decline is within the bounds of natural market corrections often seen after strong rallies. They stress that XRP rising from $1.95 to $3.66 in a month shows long-term strength. According to analyst XRPunkie, this dip should be seen as part of a healthy cycle.
$XRP went from $1.95 to $3.66, up 92% in 30 days. We just had a 16% pullback. It's a healthy correction. Nothing out of the ordinary in crypto. Sit back, chill and relax. Let it bottom out and we should be on our way to much higher prices real soon. $10-$15 still in play. pic.twitter.com/aUQup1VctA
— XRPunkie (@Shawnmark7899) July 23, 2025
Pro-XRP influencers argue that reactions to XRP’s dips are often exaggerated compared to similar moves in other assets. They mention how Bitcoin drops are framed as normal corrections, not alarming crashes. John Squire, an XRP advocate, emphasized that the current price movement reflects market rhythm, not a crisis.
$XRP drops a few cents and y’all lose your minds… Meanwhile Bitcoin dumps $3K and it’s ‘just a healthy correction, bro.’ 😂 Stay calm, hodl tight, if you survived 2018, this is a coffee break.
— John Squire (@TheCryptoSquire) July 23, 2025
Another influencer, Alex Cobb, described the current retreat as a setup for XRP’s next major surge. He predicted that XRP could reach $4.20 in the next bullish leg. His view reflects broader optimism among prominent community voices watching XRP’s trend.
MARK MY FYCKING WORDS THIS WILL BE THE PULLBACK THAT LEADS TO AN XRP ALL TIME HIGH OF $4.20 PER COIN pic.twitter.com/kfb4T6JTmN
— Cobb (@Cobb_XRPL) July 23, 2025
Broader Market Faces Mixed Reactions
Bitcoin recorded a small decline, moving from $119,290 to a low of $117,391, down by 1.59% for the day. Compared to XRP’s movement, Bitcoin remained stable, indicating stronger near-term support. Analysts described Bitcoin’s action as standard during market-wide stress.
Ethereum also dipped, losing around 4% over the same 24-hour window. Solana posted a 9.7% loss, aligning more with XRP’s trajectory than Bitcoin’s. These moves further confirmed that volatility remained high across the crypto landscape.
Although several top coins corrected, XRP’s drop captured the most attention due to its magnitude. Yet experts suggest the sharp move aligns with historical retracements.
