XRP has been down 8.5% in the past seven days and has traded below $2.50 for the last four days. The launch of CME XRP futures has raised concerns about price manipulation. Analysts point to similar patterns seen after Bitcoin and Ethereum futures went live.

Technical indicators are also flashing warnings. The RSI, Ichimoku Cloud, and EMA lines all show weakening momentum. Some believe XRP could still move higher if it breaks key resistance. But for now, the short-term outlook remains bearish.

XRP Futures Spark Manipulation Fears as RSI Signals Weakening Momentum

Analysts warn that the launch of XRP futures on the CME could enable price manipulation. Tactics like naked shorting and rehypothecation are a major concern.

Similar futures launches for Bitcoin and Ethereum led to sharp price drops. Critics fear XRP could follow the same path, especially around expiration dates when whales often push prices down.

Despite this, some see XRP futures as a step toward institutional adoption and a possible spot ETF.