5 Reasons Why $XRP Could Drop Below $1.6

1️⃣ Lack of Hype and Utility

Ripple is an older cryptocurrency that lacks the excitement and innovative applications seen in newer projects. While it’s touted as a payment solution, the real question is: Would you trade Bitcoin for XRP?

2️⃣ Rumors of Internal Issues

Unconfirmed reports suggest Ripple's internal personnel may have been arrested recently. Even if unverified, such negative rumors tend to gain traction in the community, influencing sentiment.

3️⃣ Historical Resistance Levels

XRP’s all-time high is around $1.9, and many holders may not sell at that level. Without Ethereum hitting new highs, what grounds does XRP have to break out first?

4️⃣ High Market Cap Limitation

XRP’s large market cap makes sudden double-digit gains challenging, as market makers often pause before initiating significant moves.

5️⃣ Fading Hype

Recent price surges may have been fueled by market maker manipulation. The so-called positive news lacks the momentum for sustained hype, leaving XRP vulnerable to a pullback.

These factors combined suggest caution for those expecting XRP to hold above $1.6.