Ripple’s XRP Price Plummets: 5 Factors Driving the Decline

XRP is experiencing a significant downturn in May 2025, shedding over 5% this week, with on-chain activity and investor sentiment playing a crucial role. Concerns surrounding SEC’s ETF delay and Ripple’s RLUSD launch are contributing to market uncertainty. Technical indicators suggest further price decline unless key support levels hold strong. Recent analysis suggests that the XRP price has fallen to a two-week low of $2.07, marked by increased bearish pressure. Crypto analyst Ali Martinez recently highlighted a sell signal on XRP’s 3-day chart (TD Sequential), indicating potential for continued price correction. 5 Factors Driving the Price Dip: 1) Declining XRP Ledger Activity, 2) SEC ETF Delay Impact, 3) Ripple’s RLUSD Launch, 4) Investor Concerns and Market Uncertainty, 5) Technical Indicators Suggesting Further Decline.