Ripple’s native token XRP fell below the $3 mark on Wednesday, shedding 2.5% of its value. The leading altcoin remains rangebound in the charts, offering little to no price spurts this month. The Ripple’s token went north in the last three months, generating stellar returns to traders. The ongoing dip in price comes after the broader markets experienced volatility due to trade wars and tariffs.
After Trump slapped India and Brazil with 25% and 50% tariffs, respectively, the markets remain in muddy waters. Dow Jones is down nearly 600 points since then, while the Nasdaq Composite dipped by 225 points. In addition, the S&P 500 index has shed nearly 85 points, and the downturn persists. All of these pushed XRP below the $3 mark and even the cryptocurrency market is trading in the back foot.
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Will XRP Reclaim the $3 Price Range?
The chances of a continued downturn for XRP below the $3 mark remain slim. Despite the trade wars and tariffs, the broader markets have mostly recovered within a week after a crash. The bounce back has been stronger this year after every downturn as investors’ optimism is soaring. The dip is only due to policies from the White House that are affecting the market’s path.
The markets in general, without the unruly policies from the White House, are mostly healthy. Cash flow from institutional clients is seeing an influx in both the stock and the cryptocurrency markets. Investments in Bitcoin, Ethereum, and XRP ETFs are soaring, which eventually pushed Ripple’s token above $3 in 2025.
Also Read: XRP Mirrors 2017’s 63,000% Rally as Ripple CTO Goes Independent
While the asset managers are bullish despite the tariffs, retail investors need to step up and match the optimism. It is advised to accumulate the dips on XRP below the $3 mark. The Ripple vs SEC lawsuit is also nearing its end, and a ruling in favor of the fintech company could propel the altcoin’s value.