Despite recent declines, there is optimism in the market that XRP can still reach double-digit prices.
The platform’s stablecoin RLUSD has gained significant traction, surpassing 105,000 transactions on the XRP Ledger in just two months.
Why is XRP going down today? Let's check current technical analysis and XRP price predictions
The cryptocurrency targeting global payments, XRP, is facing headwinds. Its price is currently trading at $2.45, representing a 6% and
19% decline in the past day and week, respectively.
XRP fell as low as 8% today (Wednesday), reaching a
low of $2.3567. With the broader crypto market stabilizing after concerns over
global trade policies, optimism remains that XRP can break into double-digit
territory.
According to the TradingView chart, XRP is trading at a key support level of $2.03, with a significant liquidity wall building below this mark. Below this price level, XRP could drop further. The next support level tested on February 3 is $2.04, which is the next level to watch.
XRP Daily Price Chart, Source: CoinMarketCap
Will XRP Reach $20?
Despite the recent pullback, XRP could reach an
intermediate target of $5 and a long-term peak at $20. While a rebound from the
$2 demand zone provided some relief, failure to hold the $2.50
level could lead to further downside, with potential drops to $2 and $1.60.
Beyond price action, Ripple’s RLUSD stablecoin has
reportedly gained significant traction, surpassing 105,000 transactions on the
XRP Ledger (XRPL) just two months after its launch.
In contrast, only 4,109 transactions have occurred on
the Ethereum network, suggesting users prefer XRPL’s efficiency and lower fees.
RLUSD was introduced in December after receiving approval from the New York
Department of Financial Services (NYDFS).
XRP Ledger Activates New Feature
Meanwhile, Ripple has partnered with Chainlink to enhance RLUSD’s
adoption in decentralized finance (DeFi). Chainlink’s Oracle network will be leveraged for accurate and secure price feeds.
As XRP continues its volatile journey, analysts and
traders closely watch key technical levels, with many expecting a breakout in
the near future. If XRP can reclaim its critical resistance zones, the
ambitious long-term target of $18 may not be far-fetched.
The cryptocurrency targeting global payments, XRP, is facing headwinds. Its price is currently trading at $2.45, representing a 6% and
19% decline in the past day and week, respectively.
XRP fell as low as 8% today (Wednesday), reaching a
low of $2.3567. With the broader crypto market stabilizing after concerns over
global trade policies, optimism remains that XRP can break into double-digit
territory.
According to the TradingView chart, XRP is trading at a key support level of $2.03, with a significant liquidity wall building below this mark. Below this price level, XRP could drop further. The next support level tested on February 3 is $2.04, which is the next level to watch.
XRP Daily Price Chart, Source: CoinMarketCap
Will XRP Reach $20?
Despite the recent pullback, XRP could reach an
intermediate target of $5 and a long-term peak at $20. While a rebound from the
$2 demand zone provided some relief, failure to hold the $2.50
level could lead to further downside, with potential drops to $2 and $1.60.
Beyond price action, Ripple’s RLUSD stablecoin has
reportedly gained significant traction, surpassing 105,000 transactions on the
XRP Ledger (XRPL) just two months after its launch.
In contrast, only 4,109 transactions have occurred on
the Ethereum network, suggesting users prefer XRPL’s efficiency and lower fees.
RLUSD was introduced in December after receiving approval from the New York
Department of Financial Services (NYDFS).
XRP Ledger Activates New Feature
Meanwhile, Ripple has partnered with Chainlink to enhance RLUSD’s
adoption in decentralized finance (DeFi). Chainlink’s Oracle network will be leveraged for accurate and secure price feeds.
As XRP continues its volatile journey, analysts and
traders closely watch key technical levels, with many expecting a breakout in
the near future. If XRP can reclaim its critical resistance zones, the
ambitious long-term target of $18 may not be far-fetched.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
