Ripple Price Drops 2.63% Today (2/27/25), Is There Significant Selling Pressure?

Jakarta, Pintu News—According to data from the Pintu market, the price of Ripple (XRP) declined 2.63% on February 27, 2025, to 36,471 IDR.

This decline reflects the significant selling pressure in the market, with price movements in the last 24 hours showing high volatility.

Although it had previously reached 38,112 IDR, XRP weakened to its lowest point at 35,521 IDR.

Is this a temporary correction, or are other factors driving the sell-off further? Let’s examine the XRP price trend in more detail!

Ripple (XRP) Price Drops 2.63% in 24 Hours

The image above displays the price chart of Ripple (XRP) on February 27, 2025, based on data from Market Pintu.

XRP’s current price is 36,471 IDR, a decline of 2.63% in the last 24 hours. The chart shows significant daily volatility, with the highest price reaching 38,112 IDR and the lowest at 35,521 IDR.

Despite the selling pressure, the chart still shows a fairly steady up-and-down pattern, signalling resistance from the buyers’ side that prevents a deeper drop.

This trend reflects market dynamics that are still influenced by external factors, such as macroeconomic conditions, Ripple’s adoption by financial institutions, and investor sentiment in the face of overall crypto market fluctuations.

Read also: Bitcoin (BTC) Dominates, Ethereum (ETH) Falls: What’s Happening?

XRP Breaks Support, Is There a Risk of Further Decline?

Ripple (XRP) faces a major challenge after losing a major support level in the 36,882 IDR—37,902 IDR ($2.25 – $2.30) range.

This breakout signals significant selling pressure and could allow the price to drop further. Although there is no confirmation of a daily close below this level, XRP is getting closer to confirming a stronger bearish trend.

If XRP fails to maintain this support level, investors should prepare for a possible further decline.

With sluggish market conditions and pressure from Bitcoin’s (BTC) downward trend, XRP could experience a correction towards the next support. In this situation, the XRP price will most likely test the 32,025 IDR – 33,540 IDR ($1.95 – $2.05) area as the next point of defence.

Read also: Rocketing 75.33%, How Much is 1 Pi Network (PI) to the Dollar Today (2/27/25)?

Important Support and Resistance Zones for XRP

According to Coinpedia, if this decline continues, the support level to watch is between 32,025 IDR and 33,540 IDR ($1.95 – $2.05).

So far, there has been a slight price bounce around 33,540 IDR ($2.05), which suggests that this area still serves as temporary support. However, if the selling pressure continues, the price of XRP could fall deeper to even lower levels.

Conversely, if XRP manages to recover, the main resistance area to be broken is 43,435 IDR – 45,852 IDR ($2.65 – $2.80).

A price increase above this level would be a positive signal for investors and could open up opportunities for further recovery. However, with the current market conditions, breaking the resistance level still seems to be a big challenge for XRP.

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News for the latest updates on crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinpedia. XRP Price Prediction For February 27. Accessed February 27, 2025 .
• Featured Image: Cryptorank