{"id":54751,"date":"2025-06-23T20:44:54","date_gmt":"2025-06-23T20:44:54","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/xrp-crashes-12-5-in-tvl-etf-delay-and-war-fears-trigger-selloff\/"},"modified":"2025-06-23T20:44:54","modified_gmt":"2025-06-23T20:44:54","slug":"xrp-crashes-12-5-in-tvl-etf-delay-and-war-fears-trigger-selloff","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/xrp-crashes-12-5-in-tvl-etf-delay-and-war-fears-trigger-selloff\/","title":{"rendered":"XRP crashes 12.5% in TVL, ETF delay and war fears trigger selloff"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-6-2-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-6-2-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-6-2-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-6-2-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>XRP Ledger TVL dropped 12.5% to US$54.2 million.<\/li>\n<li>Open interest fell 36%, funding rates turned negative.<\/li>\n<li>Death cross and descending triangle indicate more downside.<\/li>\n<\/ul>\n<p data-start=\"69\" data-end=\"556\">XRP is facing renewed downside pressure as a combination of geopolitical instability, regulatory uncertainty, and weakening network metrics push the token closer to a critical breakdown.<\/p>\n<p data-start=\"69\" data-end=\"556\">The cryptocurrency, once buoyed by optimism surrounding a possible XRP ETF and Ripple\u2019s courtroom wins, is now testing major support near the $2 mark. However, XRP has rebounded slightly and is now up by 3.34%, trading at $2.02.<\/p>\n<figure id=\"attachment_317032\" aria-describedby=\"caption-attachment-317032\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-317032\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/06\/XRP-3.jpg\" alt=\"XRP price\" width=\"1503\" height=\"546\"\/><figcaption id=\"caption-attachment-317032\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\">CoinMarketCap<\/a><\/figcaption><\/figure>\n<p data-start=\"69\" data-end=\"556\">With bearish technical formations in place and key indicators flashing red, analysts suggest the next move could drag XRP down toward $1.47\u2014or worse.<\/p>\n<h2 data-start=\"558\" data-end=\"601\">ETF delay and macro risks hurt sentiment<\/h2>\n<p data-start=\"603\" data-end=\"917\">Investor confidence took a hit after the US Securities and Exchange Commission postponed its decision on the Franklin Templeton spot XRP ETF.<\/p>\n<p data-start=\"603\" data-end=\"917\">This marked the latest in a series of regulatory setbacks for crypto assets in the US, fuelling speculation that XRP\u2019s institutional adoption may take longer than expected.<\/p>\n<p data-start=\"919\" data-end=\"1221\">The delay, announced last week, coincided with rising geopolitical tensions in the Middle East. As fears of a broader conflict mounted, Bitcoin and other major altcoins were caught in a widespread risk-off move.<\/p>\n<p data-start=\"919\" data-end=\"1221\">XRP was particularly affected, entering one of its longest losing streaks in over a month.<\/p>\n<p data-start=\"1223\" data-end=\"1370\">This double blow\u2014the ETF delay and broader crypto selloff\u2014triggered a rapid loss of momentum, with XRP now trading just above its crucial $2 level. Today\u2019s move above $2.00, however, signals a short-term bounce that traders are watching closely.<\/p>\n<h2 data-start=\"1372\" data-end=\"1406\">On-chain metrics flash weakness<\/h2>\n<p data-start=\"1408\" data-end=\"1779\">Network data is showing signs of deterioration.<\/p>\n<p data-start=\"1408\" data-end=\"1779\">Total value locked (TVL) on the XRP Ledger has dropped approximately 12.5% to US$54.2 million, indicating reduced participation and weakening decentralized finance activity.<\/p>\n<p data-start=\"1408\" data-end=\"1779\">This decline has cast doubt on XRP\u2019s use-case strength, especially as competing networks show more resilient metrics under similar market conditions.<\/p>\n<p data-start=\"1781\" data-end=\"2191\">Open interest in XRP derivatives has also plunged by nearly 36%, with funding rates turning negative. These data points suggest traders are shifting to a more bearish stance, expecting lower prices ahead.<\/p>\n<p data-start=\"1781\" data-end=\"2191\">XRP is displaying a descending triangle pattern on technical charts\u2014often considered a bearish signal\u2014alongside a \u201cdeath cross\u201d where the 50-day moving average dips below the 200-day average.<\/p>\n<h2 data-start=\"2193\" data-end=\"2239\">Support zones and possible downside targets<\/h2>\n<p data-start=\"2241\" data-end=\"2547\">According to technical analyst EGRAG Crypto, the $2.10\u2013$2.09 range had served as a major support level aligned with the 200-day moving average.<\/p>\n<p data-start=\"2241\" data-end=\"2547\">But repeated tests have weakened this zone, making a decisive break more likely.<\/p>\n<p data-start=\"2241\" data-end=\"2547\">If XRP fails to hold above $2, the next demand zone sits between $1.90 and $1.77.<\/p>\n<p>A further breakdown could see XRP testing the $1.47 support level, and in the worst-case scenario, analysts warn of a sub-$1 drop if panic selling sets in.<\/p>\n<p>But with today\u2019s recovery to $2.02, the $2 mark may hold for now, at least temporarily delaying this downside path.<\/p>\n<h2 data-start=\"2805\" data-end=\"2845\">ETF hopes and bounce arguments remain<\/h2>\n<p data-start=\"2847\" data-end=\"3153\">Despite the bearish setup, some market participants remain optimistic. XRP recently showed a quick V-shaped recovery from around $1.91 to reclaim the $2 level, backed by roughly US$4 billion in futures trading volume.<\/p>\n<p data-start=\"2847\" data-end=\"3153\">This bounce, while short-lived, demonstrated that there is still demand at lower levels.<\/p>\n<p data-start=\"3155\" data-end=\"3508\">CasiTrades, a well-followed trader, has suggested that a successful defence of the $2 level could open up a path toward $3, especially if volume holds and macro news improves.<\/p>\n<p data-start=\"3155\" data-end=\"3508\">Meanwhile, event-based prediction platform Polymarket shows more than 80% odds for a spot XRP ETF approval later this year, giving bulls a potential catalyst to look forward to.<\/p>\n<p>With XRP now trading at $2.02, attention is back on whether this bounce has enough volume and momentum to push further upward\u2014or whether sellers will return around this level.<\/p>\n<h2 data-start=\"3510\" data-end=\"3556\">Outlook hinges on technicals and regulation<\/h2>\n<p data-start=\"3558\" data-end=\"3888\">XRP is now at a crucial inflection point. If the $2 support level fails to hold, downside risks could accelerate, potentially taking the price toward $1.47 or lower.<\/p>\n<p data-start=\"3558\" data-end=\"3888\">On the other hand, holding above $2 amid improving ETF sentiment and calming geopolitical tensions could set the stage for a reversal toward $2.30\u2013$2.33 and beyond.<\/p>\n<p data-start=\"3890\" data-end=\"4060\">Market watchers are advised to monitor ETF news closely, particularly from the SEC, while keeping an eye on network metrics and price behaviour around key support levels.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-4.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/xrp-crashes-12-5-in-tvl-etf-delay-and-war-fears-trigger-selloff\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) XRP Ledger TVL dropped 12.5% to US$54.2 million. Open interest fell 36%, funding rates turned negative. Death cross and descending triangle indicate more downside. XRP is facing renewed downside pressure as a combination of geopolitical instability, regulatory uncertainty, and weakening network [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":54752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54751"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=54751"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54751\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/54752"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=54751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=54751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=54751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}