Ripple’s XRP has declined sharply over the past month, shedding nearly 14.64%, sliding from $2.47 to $2.07. The latest leg lower coincides with an intensifying geopolitical crisis in the Middle East. After President Donald Trump confirmed U.S. airstrikes on Iran’s Fordow, Natanz, and Esfahan nuclear facilities, calling the operation a “spectacular military success”, XRP’s downward momentum accelerated.

At the time of writing, XRP is trading near $2.07, with a 24-hour drop of 2.92% and a trading volume exceeding $3 billion. The broader market has also been rattled, but XRP’s move has been particularly pronounced, hitting a weekly low near $2.00, as investor risk appetite evaporated.

Iran’s response, including missile launches and diplomatic condemnation at the U.N., raised fears of a wider war, prompting a risk-off reaction across crypto and equity markets.

Investor flight from riskier assets like cryptocurrencies intensified after Iran’s foreign minister warned of “everlasting consequences,” while the country’s U.N. envoy described the strikes as “heinous and illegal.” As markets brace for further escalation, the pressure on XRP remains heavy.

Market Turns Defensive Amid Escalating Conflict

XRP’s bearish movement is closely tied to the broader shift in the market sentiment, which is increasingly defensive. Moreover, concerns over oil supply disruptions, military conflict near global shipping routes, and potential retaliatory strikes on U.S. and Israeli assets have sent investors toward safer havens.

The deployment of U.S. B-2 bombers to Guam, the closure of Israeli airspace, and alerts at regional military bases further worsened the risk climate.

Although Iranian authorities confirmed that no radioactive contamination resulted from the attacks, the psychological impact has been significant. United Nations Secretary-General António Guterres warned the situation could “rapidly get out of control,” emphasizing the risk of broader destabilization. In response, speculative markets, such as cryptocurrency, have seen sharp outflows.

XRP’s market cap has now fallen to approximately $121.9 billion, placing it fourth among all cryptocurrencies by value. The weekly performance has declined by more than 4%, and with high volatility, a further breakdown seems plausible unless geopolitical headlines ease.

Key reasons behind the bearish investor behavior include:

Heightened geopolitical risk from the U.S.-Iran-Israel conflict

Broader market rotation out of speculative assets

Market uncertainty over further U.S. military intervention

Lack of institutional buying amid prolonged sell-off

Unless diplomatic intervention provides clarity, this environment is likely to keep XRP under pressure.

XRP Technical Signals Point to Further Weakness

On the chart, the technical structure reinforces the bearish XRP price prediction. The price is currently capped below the descending trendline extending from the $2.30 local high.

This downtrend has consistently rejected bullish attempts, and recent price action reflects a bearish retest of broken support at $2.0870, now acting as fresh resistance.

June 22, 2025