XRP (XRP) is trading at lower levels today, September 22, 2025, dropping approximately 5.7% to2.78The notable drop is puzzling traders as they wonder why is XRP down today.
The reason is likely a combination of several elements, from Bitcoin’s pullback dragging down many altcoins to broader market weakness.
What’s Driving XRP Price Today?
The first US-listed XRP ETF debuted on September 21, generating record opening volume at about $37.7 million. However, while this is bullish in concept, initial profit-taking by institutions seems to be weighing on price.
Then, Bitcoin (BTC) also experienced a dip, and such situations often drag down the sentiment in many altcoins, which seems to be the case for XRP now.
The fact that XRP has repeatedly struggled to stay above the $3.00 zone probably played a role in why is XRP down today as well. The cryptocurrency hovered around $3.00 earlier, but resistance there has been strong.
Additionally, people have become worried due to reports that XRP’s burn rate isn’t being clearly communicated or that there’s confusion around what it actually even means for XRP. This has led to doubts and concern among long-term investors.
XRP Price Levels To Watch
At the moment, $3.00 looks to be both a major psychological and technical barrier, as recent attempts to break above this price range have failed, especially under heavy ETF profit-taking.
If XRP manages to break above $3.00, it could drive momentum until it approaches the next resistance point, which could be between $3.20 and $3.35.
On the other hand, a support level appears to have formed near $2.80. In case the price drops below this, it could go down even further and the overall trend could become less stable.
What’s Next for XRP?
If the ETF momentum continues with more filings, positive regulatory signals, or institutional inflows, XRP could attempt to reclaim and close above $3.00. If that succeeds, the path toward $3.20 and above becomes more plausible.
Alternatively, if profit-taking increases or continues, or if there is broader crypto market weakness in general, XRP could be tested toward the support zone near $2.80.
For a longer forecast, check out our XRP 2030 prediction.
Conclusion
There are several reasons why is XRP down today, with its drop of roughly 5.7%. Despite positive trends like ETF launches and more institutional attention, XRP faces selling pressure and resistance near $3.00. What happens next will depend on how the cryptocurrency holds the key support levels and reacts to any new regulatory news.
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