- Large holders dumped 470M XRP in 10 days, driving price below $3.00 to $2.88.
- XRP hovers near $2.80–$2.85 support with weak RSI, negative MACD/CMF, and risk of deeper losses if support breaks.
- Retail investors continue holding, but whale exits and thin liquidity raise volatility risks in the near term.
Ripple’s native token XRP is grappling with mounting selling pressure as some of its largest holders continue to offload significant portions of their holdings. On-chain data shows whales have sold nearly 470 million XRP in the past ten days, sparking fears of a deeper downturn.
Whale Selling Escalates
According to blockchain analyst Ali Martinez, the aggressive whale activity has coincided with a sharp price decline. XRP has lost more than 11.54% in the past month, slipping below the critical $3.00 psychological threshold.
At press time, the token trades near $2.88, with both the 20-day EMA ($3.09) and 50-day EMA ($2.93) acting as overhead resistance levels. Such large-scale selling has raised concerns that institutional and high-net-worth players may be cashing out due to economic uncertainties.
Also Read: 320% Increase Between 10,000 and 100,000 XRP Holders – Here’s What’s Happening
470 million $XRP sold by whales in the last 10 days! pic.twitter.com/Zc24I9omjg
— Ali (@ali_charts) August 20, 2025
Technical Outlook Turns Bearish
XRP’s chart now paints a fragile picture. The token is testing the lower boundary of a long-running ascending channel, with crucial support seen between $2.80 and $2.85. A clean breakdown below this range could open the door to steeper losses, analysts warn.
Momentum signals add to the bearish sentiment. The Relative Strength Index (RSI) has slipped to 42, showing waning demand without yet entering oversold territory.
The MACD line has crossed beneath the signal line, signaling building downside momentum, while the Chaikin Money Flow (CMF) sits at -0.07, reflecting steady capital outflows. However, not all is lost for bulls. The Balance of Power (BoP) indicator shows intermittent buying interest, hinting that buyers may attempt to defend key support zones.
Broader Market Context
XRP’s struggles come at a time when the wider crypto market is under pressure. Ethereum has also faced selling pressure after falling almost 2% in the last 24 hours, while Solana and Cardano have lost about 2% and 7% respectively. Even though Bitcoin continues to dominate market share, it has also faced downward pressure over the last day.
Meanwhile, 36crypto previously reported that whale wallets holding between 10,000 and 100,000 XRP have increased by 220% and 120% respectively. This surge reflects growing confidence among investors amid obvious market downtrend.
What Comes Next for XRP?
The next few trading sessions may prove pivotal. If XRP can hold above the $2.80-$2.85 support range, bulls could attempt a rebound toward $3.00-$3.10, where significant resistance lies. Failure to defend this zone, however, risks a sharp slide toward $2.70 and beyond.
Community sentiment remains mixed. While retail traders continue to hold long-term, whale exits and regulatory uncertainties present challenges for XRP’s recovery. As liquidity thins, analysts caution that any sudden shift in volume could trigger exaggerated price moves.
Also Read: Trending: New Forbes List of Alleged SEC Securities Excites XRP Community
