{"id":7138,"date":"2025-09-21T04:11:08","date_gmt":"2025-09-21T04:11:08","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/pundit-predicts-xrp-price-crash-below-3-heres-why\/"},"modified":"2025-09-21T04:11:08","modified_gmt":"2025-09-21T04:11:08","slug":"pundit-predicts-xrp-price-crash-below-3-heres-why","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/pundit-predicts-xrp-price-crash-below-3-heres-why\/","title":{"rendered":"Pundit Predicts XRP Price Crash Below $3, Here\u2019s Why"},"content":{"rendered":"

Crypto pundit and legal expert Bill Morgan<\/a> has humorously predicted that the XRP price will drop below $3. He ironically alluded to a series of bullish developments as what would contribute to the price crash.\u00a0<\/p>\n

XRP Price To Crash Below $3 Amid Bullish Developments<\/h2>\n

In an X post<\/a>, Morgan predicted that the XRP price would drop $3 as he joked about how the altcoin keeps dropping despite bullish developments. This came as he highlighted Ripple\u2019s partnership with DBS and Franklin Templeton to provide a trading and lending solution, powered by tokenized money market funds on the XRP Ledger<\/a> and in stablecoins such as RLUSD.\u00a0<\/p>\n

Prior to his prediction, the legal expert had also highlighted how the XRP price was down despite \u201call the good news,\u201d which included the launch of the REX-Osprey XRP ETF<\/a>. The ETF became the first U.S. fund to offer investors spot exposure to XRP. Morgan also alluded to the CME Group\u2019s announcement of plans to launch options on XRP futures on October 13.\u00a0<\/p>\n

Meanwhile, the Federal Reserve lowered interest rates<\/a> for the first time this year, a development that was expected to be bullish for the XRP price. However, despite these developments, the crypto pundit noted that the XRP price was still down. He stated that it felt like \u201cD\u00e9j\u00e0 vu,\u201d pointing to the period between 2018 and October 2024.\u00a0<\/p>\n

Meanwhile, in another X post<\/a>, the crypto pundit joked that he was afraid to post more good news over fear that the XRP price may keep declining. This came in reference to Coinbase\u2019s announcement that in just one month, the Solana and XRP Perpetual-Style<\/a> Futures have scaled exponentially. The crypto exchange announced that these futures have generated over $1.9 billion in notional volume, with more than 1.6 million contracts having been traded.\u00a0<\/p>\n

\u201cNo Mystery\u201d In Why XRP Is Down<\/h2>\n

Bill Morgan eventually admitted<\/a> that there is no mystery in why the XRP price is actually, noting that it was because of the Bitcoin price<\/a> rather than all the \u201cgood news\u201d he had earlier alluded to. He further remarked that this overwhelming reality and the most significant factor in the XRP price movement, which is heavily correlated with the BTC price dynamics. The legal expert added that this is consistent with Ripple\u2019s expert evidence in the SEC vs. Ripple lawsuit.\u00a0<\/p>\n

Crypto analyst measured C-wave extension.\u00a0<\/p>\n

\"XRP\"<\/p>\n

At the time of writing, the XRP price is trading at around $3, down in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>\n

\"XRP\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto pundit and legal expert Bill Morgan has humorously predicted that the XRP price will drop below $3. He ironically alluded to a series of bullish developments as what would contribute to the price crash.\u00a0 XRP Price To Crash Below $3 Amid Bullish Developments In an X post, Morgan predicted that the XRP price would…<\/p>\n","protected":false},"author":1,"featured_media":7139,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[149],"tags":[220,3499,65,1636,611,1453,3500,1413,381,3501,151,1709,121,421,1947,150,704,326,327,2959,2932,153,154],"class_list":["post-7138","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-altcoin","tag-bill-morgan","tag-bitcoin","tag-casitrades","tag-coinbase","tag-coinmarketcap","tag-deja-vu","tag-fed","tag-federal-reserve","tag-rex-osprey-xrp-etf","tag-ripple","tag-rlusd","tag-solana","tag-stablecoins","tag-us-sec","tag-xrp","tag-xrp-ledger","tag-xrp-news","tag-xrp-price","tag-xrp-spot-etfs","tag-xrpl","tag-xrpusd","tag-xrpusdt"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/7138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=7138"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/7138\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/7139"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=7138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=7138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=7138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}