Recent analysis suggests a potential downtrend in XRP price, potentially dropping as much as 24%. Several factors, including institutional activity and technical indicators, are driving this prediction. Currently, the asset is trading below critical support levels, signaling bearish tendencies. While no official statements from Ripple leadership address the situation, large institutional investors like Evernorth have accumulated significant XRP holdings, potentially aiming to stabilize price. Ripple’s recent $500 million funding strategy seems unrelated to the current price movements. 24% drop in XRP could significantly impact its market capitalization and potentially trigger wider ripple effects. Large wallet activities are showing attempts to mitigate the potential decline, but Ripple’s funding initiatives aim at enhancing market legitimacy rather than directly addressing the price downturn. Past trends suggest a risk of repeated downturns as historical data shows similar patterns in Q1 2025. Despite past November gains, XRP faces continued selling pressure without any immediate leadership intervention. Analysts emphasize the $2.40- $2.50 resistance zone as crucial for future price movement. As of late, XRP has dropped by 14%, trading around $2.27, with analysts warning that failing to regain the aforementioned resistance level could push the price towards $2.00 or lower.