XRP-USD Faces Heavy Selling Pressure – Can Bulls Regain Control or Is More Downside Ahead?
XRP-USD Struggles Below $2.10 as Whales Unleash Massive Sell-Offs
XRP-USD is facing significant selling pressure, plunging to a low of $2.06 after failing to sustain momentum above $2.40. The token's decline coincides with a massive whale sell-off of 370 million XRP within the past 96 hours, triggering a 16% price drop. This aggressive unloading by major holders has exacerbated market fears, fueling concerns that XRP could continue its downward trajectory.
The broader crypto market downturn has also played a role, with Bitcoin slipping below $89,000 and Ethereum struggling to hold $2,486. The overall market cap dipped below $3 trillion, reflecting heightened selling pressure across all digital assets. XRP, however, has been one of the hardest-hit cryptocurrencies, with analysts warning that further downside could be imminent unless buyers step in to defend critical support levels.
XRP-USD Technical Breakdown – Key Levels to Watch
The technical structure for XRP-USD remains bearish, with the token trading well below the 100-hour Simple Moving Average (SMA). The RSI (Relative Strength Index) sits at 36, signaling that XRP is nearing oversold territory. However, a failure to reclaim the $2.40 resistance could pave the way for deeper losses, with $2.20 and $2.05 acting as immediate support levels.
If selling pressure intensifies and $2.05 fails to hold, XRP could extend losses towards $1.96, a critical support zone that previously acted as a strong accumulation area. A break below $1.96 would confirm a full bearish reversal, potentially pushing the token towards $1.80.
On the flip side, if XRP manages to reclaim $2.40, it could trigger a short-term relief rally towards $2.50 and $2.56. A breakout above $2.62 would be needed to signal a true trend reversal, allowing the bulls to regain control.
Whale Activity and Institutional Moves – Is XRP’s Future at Risk?
Large XRP holders, commonly referred to as "whales," have played a significant role in the recent price action. Data shows that whales dumped over 370 million XRP in just a few days, leading to a sharp decline in price. This selling activity is not an isolated event—on-chain data indicates that whales have been consistently offloading XRP since the start of the year, further weighing on market sentiment.
On the institutional front, Ripple has been actively expanding its partnerships, securing collaborations with Revolut, Zero Hash, and Chainlink to strengthen the adoption of its RLUSD stablecoin. Additionally, Ripple has made strides in CBDC (Central Bank Digital Currency) development, partnering with the Digital Euro Association (DEA) to enhance digital currency solutions for governments.
Despite these strategic advancements, the ongoing SEC lawsuit remains a cloud over XRP’s future. With no clear resolution in sight, regulatory uncertainty continues to impact investor confidence, keeping XRP’s price action volatile and unpredictable.
Global Market Turbulence Adds to XRP’s Volatility
XRP’s decline is occurring against a backdrop of heightened macroeconomic uncertainty. The global crypto market is reeling from increased U.S. trade tariffs, which have fueled investor anxiety. Bitcoin and Ethereum have also faced notable corrections, with BTC dropping below $89,000 and ETH testing $2,359.
Moreover, market participants are closely monitoring the U.S. Federal Reserve’s policy stance, as persistent inflation concerns could lead to prolonged high-interest rates, dampening risk appetite across all asset classes, including cryptocurrencies.
In addition, Ripple’s regulatory challenges have made XRP particularly vulnerable to market-wide shocks. With SEC litigation still unresolved, institutional investors remain hesitant to accumulate XRP at current levels, further limiting upside potential.
Can XRP-USD Rebound, or Is More Pain Ahead?
XRP is at a crucial juncture, with $2.05 acting as a make-or-break support level. If buyers fail to defend this zone, the token could see an extended downturn towards $1.96 or lower. Conversely, a recovery above $2.40 would indicate that buyers are stepping in, potentially leading to a retest of $2.50 and $2.62.
The biggest risk for XRP remains the continued whale sell-offs, which have created a persistent overhang in the market. Unless demand significantly increases, further declines cannot be ruled out. Additionally, regulatory uncertainty continues to be a long-term headwind, keeping institutional investors on the sidelines.
In the short term, traders should watch $2.40 as key resistance and $2.05 as critical support. A break below $2.05 could signal deeper losses, while a move above $2.40 could pave the way for a relief rally. Until XRP decisively reclaims higher ground, the bearish bias remains intact, with further downside risks looming.
