XRP Price Forecast: Bears Target $1.00 as Institutional and Retail Demand Wanes
BitcoinWorld XRP Price Forecast: Bears Target $1.00 as Institutional and Retail Demand Wanes XRP is facing renewed selling pressure as both institutional and retail demand show signs of cooling, with bears setting their sights on the psychological $1.00 support level.
As of this week, the cryptocurrency has struggled to maintain upward momentum, reflecting a broader shift in market sentiment. Why Demand Is Fading The recent decline in XRP’s price correlates with a noticeable drop in trading volumes across major exchanges.
On-chain data indicates that large wallet holders, often referred to as whales, have reduced their accumulation activity, while retail interest has waned as measured by social engagement and exchange inflows.
This dual decline suggests a lack of fresh capital entering the market, a key factor behind the bearish outlook. Institutional investors, who had previously driven XRP’s rally on optimism over regulatory clarity, appear to be taking a wait-and-see approach.
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