Jakarta, Pintu News – The price of Ripple has decreased by 8% after four consecutive days of increases. On March 16, 2025, the XRP price fell from its peak of IDR 40,587 to IDR 37,427. This decline comes amid regulatory uncertainty that still surrounds the crypto market, specifically regarding the US Securities and Exchange Commission (SEC) decision.
Despite the decline, optimism still exists among investors regarding XRP’s future potential. One of the main factors contributing to these price fluctuations is Ripple’s move in registering a new trademark as well as the development of its legal case with the SEC.
Previously, the crypto market, including XRP, received a positive boost from speculation that the SEC might classify XRP as a commodity instead of a security. Should this happen, XRP’s chances of getting Exchange-Traded Fund (ETF) approval would increase, paving the way for wider institutional adoption.
However, those hopes were disrupted after the SEC announced a delay in ETF approval for other altcoins, which triggered a sell-off in the market. This decision made investors more cautious, which depressed the prices of XRP and several other crypto assets. However, some analysts believe that this is only a temporary correction before the market moves back up.
Despite the price drop, data from the derivatives market shows signs of recovery for XRP. XRP’s trading volume increased by 12.11% to IDR 98.5 trillion in the last 24 hours, indicating that interest in the asset is still quite high.
In addition, the amount of liquidation in the derivatives market suggests that many long positions have suffered losses, but short positions are also at risk of back pressure if the price of XRP stabilizes. If demand for XRP increases in the next few days, the price could rise again, forming a stronger recovery trend.
Ripple recently filed a trademark registration under the name “RIPPLE CUSTODY,” indicating that the company is developing a new crypto asset storage product. This move could attract investor interest and increase confidence in XRP as a more secure and integrated digital asset in the global financial ecosystem.
The Federal Reserve’s decision on monetary policy on February 19 could affect overall market sentiment. If the US central bank adopts a looser policy, then investor interest in riskier assets such as cryptocurrencies could increase, including XRP.
The SEC is still delaying a decision regarding the approval of ETFs for altcoins, including XRP. Investors will continue to monitor this regulatory development as the SEC’s decision could have a major impact on the price of XRP in the next few weeks. If there are positive signs, the crypto market could potentially experience significant gains.
Currently, the price of XRP is in a consolidation phase with a resistance limit at IDR38,405. If the price manages to break this level, a potential increase to IDR 45,640 could occur. The Relative Strength Index (RSI) indicator which is in the neutral zone also indicates that bullish momentum is still possible in the near future.
However, if XRP fails to maintain support at IDR 37,490, there is a possibility of the price dropping deeper to IDR 31,296. Thus, the price movement of XRP in the next few days will largely depend on market sentiment and regulatory developments.
Although XRP saw a price drop of 8%, the long-term outlook is still attractive to investors. Ripple’s filing of a new trademark and SEC regulatory developments are the main factors influencing the price. If market sentiment improves, the price of XRP has the potential to rise again towards IDR 45,640. However, investors still need to pay attention to the risks involved and follow further regulatory developments before making investment decisions.
Also Read: Pi Network Price Predictions to 2050: What to Expect?
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*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. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.