XRP Price Dips As Brad Garlinghouse Once Again Backs Bitcoin

Key Insights:

• XRP price slips despite Ripple CEO Brad Garlinghouse stating at XRP Las Vegas that Bitcoin is not the enemy.
• Garlinghouse urged for a collaboration in the crypto community.
• Analyst says XRP price wave to start soon.

Brad Garlinghouse, CEO of Ripple, urged unity among people in the crypto sector at the XRP Las Vegas 2025 conference. He declared that the Bitcoin community is not the problem, asking people to join forces instead of creating divisions.

However, XRP price dropped, which reflected that traders felt unsure. At the same time, various experts continued to predict that the top altcoin might rise strongly over the coming weeks.

The event occurs as analysts highlight mixed signals in XRP price. Even with bullish chart trends, the token currently stands in a fragile position, since traders respond to events across the industry.

Brad Garlinghouse Backs Bitcoin as XRP Price Faces Pressure

According to recent reports from XRP Las Vegas, Ripple CEO Brad Garlinghouse stated that the Bitcoin community should not be viewed as an adversary. He emphasized that the crypto industry is not a zero-sum game and called on XRP supporters to stop treating Bitcoin as a competitor.

Brad Garlinghouse stated that he believes both groups can grow and help blockchain become more popular worldwide. These comments come after years of disputes between XRP and Bitcoin supporters. Users of XRP have often complained about Bitcoin’s high fees and large electricity use.

At the same time, people who believe in Bitcoin consider XRP to be less decentralized. Brad Garlinghouse stated he knows about previous issues, but remained committed to the idea of working together.

As he made these comments, XRP price temporarily fell beneath $2.00, then appeared to recover as the market settled. On the charts, a head and shoulders pattern formed, which some see as a sign of a possible downtrend.

Technical Analysts Monitor XRP Price Wave Structure

Despite the dip, technical analysts continue to monitor XRP price long-term wave structure. According to a report by STEPH IS CRYPTO, Brad Garlinghouse company token is in a phase that mirrors previous bullish cycles. The analyst referenced symmetrical triangle patterns on the weekly Heikin Ashi chart, which formed after earlier rallies in 2017 and 2024.

Both past patterns led to strong breakouts. The current structure appears to be following a similar setup. When XRP price moved through the second triangle, there was a surge in positive momentum. Many analysts think this is the start of an upcoming larger change in price.

The crypto analyst tweeted,

“XRP is about to explode, just like it did in 2017 and in 2024.”

Looking at fractals hints that Ripple price moved through a three-phase pattern that typically repeats. The process begins with a buildup that lasts a long time, then a trend ribbon crossover happens and finally, there is a parabolic rise.

The current consolidation between $2.00 and $2.80 may represent another accumulation phase, which could lead to a further price rally.

XRP Las Vegas Conference Themes

Several people at XRP Las Vegas 2025 brought up the idea of positive progress in regulation. Many panels and discussions focused on the importance of working together. Tron founder Justin Sun also suggested that Tron might collaborate with Ripple.

Brad Garlinghouse also mentioned current market conditions and what Ripple is doing to merge traditional finance with new decentralized approaches. He emphasized that Hidden Road had been acquired by Ripple to explore new areas in the finance field.

During the week leading up to the conference, Brad Garlinghouse gifted the “Skull of Satoshi” to the Bitcoin community as a special gesture. People considered this move a step toward resolution and improved dialogue between Bitcoin and XRP users.

XRP Price Volatility Remains Amid Market Trends

XRP price is often influenced by changes happening in the overall cryptocurrency industry. Even though the market dipped, the Brad Garlinghouse company’s native token has managed to recover and attract more buyers.

The moving average convergence on the MACD signal shows a bullish sign since the MACD line has crossed above the signal line and green histogram bars are forming, suggesting another short-term rise.

At the time of writing, the top altcoin has started moving higher, climbing to $2.17 and up by 0.87% in the past day. XRP has seen a 9% rise in trading volume which displays increased interest from buyers and short-term pressure for prices to rise.

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