Tag: xrpusdt

  • The $45 Million Crypto Hammer: Whale Inflow To Binance Threatens To Shatter XRP’s Recovery

    The $45 Million Crypto Hammer: Whale Inflow To Binance Threatens To Shatter XRP’s Recovery

    XRP is struggling to hold the $1.40 level as persistent selling pressure continues to weigh on market sentiment. Price action remains fragile, reflecting broader uncertainty across the crypto sector. Bitcoin continues to trade within a range, offering limited directional clarity in the short term. This lack of decisive momentum is filtering through the market, leaving altcoins — including XRP — particularly vulnerable to underperformance in the absence of a strong macro trend.

    Recent market activity has also drawn attention to exchange flows. Binance absorbed a massive inflow this week, cementing its status as the premier venue for high-volume transactions. On-chain data shows that more than 31 million XRP were transferred to the exchange in a single day yesterday, a movement that naturally raises questions about potential short-term supply dynamics.

    Large inflows to exchanges can sometimes precede selling activity, although they do not guarantee immediate distribution. They may also reflect repositioning, hedging, or internal liquidity management. Still, in a market already facing cautious sentiment, such flows tend to reinforce short-term uncertainty around XRP’s price stability.

    Large Holder Inflows Raise Short-Term Sell Pressure Concerns

    On-chain breakdowns show that the recent inflows were largely driven by larger holder cohorts, reinforcing the view that this was not retail-led activity. Addresses holding less than 1,000 XRP accounted for just 6,543 tokens, while the 1,000–10,000 bracket contributed 73,630 XRP. In contrast, the bulk of the movement originated from higher tiers: 10,000–100,000 holders transferred 2,938,809 XRP, the 100,000–1 million cohort moved 14,236,825 XRP, and wallets holding more than 1 million XRP sent 14,494,865 tokens to Binance.

    XRP Ledger Exchange Inflow | Source: CryptoQuant

    This distribution highlights that the overwhelming share of the 31 million XRP inflow came from large participants. At current price levels, the aggregate transfer represents nearly $45 million in potential sell-side liquidity. While exchange inflows do not automatically translate into immediate liquidation, they do increase the amount of readily tradable supply on the order books.

    In a market already facing muted momentum and broader uncertainty, such a concentration of large-holder deposits warrants close monitoring. If these flows evolve into sustained distribution, XRP could face renewed downward pressure. Under those conditions, the asset may struggle to stage a meaningful recovery from its ongoing corrective phase in the near term.

    XRP Tests Structural Support As Downtrend Persists

    XRP continues to trade under sustained technical pressure, with the 3-day chart confirming a broader corrective structure that began after the 2025 peak above $3.50. Since that high, price action has formed a sequence of lower highs and lower lows, signaling weakening bullish momentum rather than consolidation. The most recent decline toward the $1.30–$1.40 region places XRP at a critical support zone that previously acted as a launchpad during earlier expansion phases.

    XRP consolidates around key level | Source: XRPUSDT chart on TradingView

    Technically, XRP is trading below the shorter- and medium-term moving averages, both of which are now sloping downward and acting as dynamic resistance. The longer-term average remains upward sloping but has flattened noticeably, reflecting fading macro momentum. Until price reclaims the $1.80–$2.00 range with strong volume, upside attempts are likely to face supply pressure near these moving averages.

    Volume has moderated compared with the impulsive rally phase, suggesting reduced speculative participation. However, recent spikes during sharp selloffs indicate active distribution rather than passive drift.

    If the $1.30 support region fails decisively, a deeper retracement toward the $1.10–$1.20 zone becomes plausible. Conversely, stabilization above current levels could open the door to a short-term relief bounce, though broader structure remains fragile.

    Featured image from ChatGPT, chart from TradingView.com 

  • XRP Price Tests Crucial Floor, Bearish Bias Strengthens Further

    XRP Price Tests Crucial Floor, Bearish Bias Strengthens Further

    XRP price extended losses and traded below $1.350. The price is now consolidating losses but faces hurdles near $1.3650 and $1.3760.

    • XRP price started another decline and traded below the $1.3450 zone.
    • The price is now trading below $1.350 and the 100-hourly Simple Moving Average.
    • There is a key bearish trend line forming with resistance at $1.4250 on the hourly chart of the XRP/USD pair (data source from Kraken).
    • The pair could continue to move down if it stays below $1.40.

    XRP Price Extends Losses

    XRP price failed to stay above $1.3880 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.3750 and $1.3650 to enter a short-term bearish zone.

    The price even extended losses below $1.3450. A low was formed at $1.3275, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $1.4244 swing high to the $1.3275 low.

    The price is now trading below $1.350 and the 100-hourly Simple Moving Average. If there is a fresh recovery move, the price might face resistance near the $1.3650 level. The first major resistance is near the $1.3750 level or the 50% Fib retracement level of the downward move from the $1.4244 swing high to the $1.3275 low.

    The main resistance could be $1.40. A close above $1.40 could send the price to $1.4250. There is also a key bearish trend line forming with resistance at $1.4250 on the hourly chart of the XRP/USD pair.

    XRP Price

    The next hurdle sits at $1.4450. A clear move above the $1.4450 resistance might send the price toward the $1.4840 resistance. Any more gains might send the price toward the $1.50 resistance. The next major hurdle for the bulls might be near $1.5150.

    Downside Break?

    If XRP fails to clear the $1.3750 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.3275 level. The next major support is near the $1.3200 level.

    If there is a downside break and a close below the $1.3200 level, the price might continue to decline toward $1.3050. The next major support sits near the $1.30 zone, below which the price could continue lower toward $1.2840.

    Technical Indicators

    Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.

    Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

    Major Support Levels – $1.3275 and $1.3200.

    Major Resistance Levels – $1.3650 and $1.3750.

  • History Repeating? XRP Flashes Signal Last Seen Before Explosive 60,000% Rally

    History Repeating? XRP Flashes Signal Last Seen Before Explosive 60,000% Rally

    XRP is on track to close its fifth consecutive month in negative territory, a rare stretch of sustained losses that has not been seen since late 2016. Despite holding at around $1.30, the token has declined nearly 30% in February alone, according to CoinGecko data, extending a broader five-month decline of roughly 50%.

    XRP Flashes Pre-Bull Run Pattern

    The last time XRP recorded five straight red monthly candles was between October 2016 and February 2017. During that period, the price slipped from $0.00885 to $0.00557, a decline of 37%, before finding a bottom near $0.0055 in March 2017. By May 2017, XRP had surged to $0.3988 — a gain of 7,000% in just two months. 

    After consolidating through the summer, the token climbed again, eventually reaching $3.31 in January 2018. From its March 2017 low, that marked a 60,000% increase.

    With XRP now following a similar path, market analyst Sam Daodu examined the comparison in a new report released on Monday.

    Daodu noted that the current setup “rhymes” with the 2016–2017 structure: five consecutive months of declines, tightening price action, and signs that selling pressure may be exhausting itself. However, he cautioned that the market environment has changed dramatically since XRP was “a micro‑cap token.

    In 2017, XRP’s total market value was less than $300 million. Daodu pointed out that at that level, even a few hundred million dollars in new capital might raise the price by thousands of percentage points. 

    Today, XRP has a market capitalization of about $88 billion. According to the analyst, this scale makes a 60,000% surge virtually impossible under any realistic market conditions.

    250% Rally Still In Play

    A comparable rally would imply a move to roughly $852 per token. With approximately 58 billion XRP in circulation, that would translate to a market capitalization exceeding $49 trillion — more than the combined value of all stocks listed on the New York Stock Exchange. 

    Still, Daodu argues that while a repeat of the 2017 explosion is off the table, a meaningful recovery remains within reach if the bottoming pattern holds. 

    A return to XRP’s July 2025 high of $3.65 would represent a gain of about 157% from current levels. A move toward $5 — near the upper range of analyst forecasts for 2026 — would amount to a 252% increase.

    Even more conservative projections suggest room for upside. Standard Chartered recently reduced its XRP target by 65%, citing near‑term headwinds, but its revised forecast of $2.80 would still imply a roughly 97% rise from current trading prices.

    XRP

    The key difference in this cycle, according to Daodu, lies in the source of demand. The explosive rally of 2017 was largely driven by retail speculation. 

    In contrast, any substantial gains this time would likely depend on institutional flows, including potential exchange‑traded fund (ETF) inflows, broader institutional adoption, and a recovery across the wider crypto market.

    While another 60,000% run is unrealistic, Daodu believes a 150% to 250% advance is achievable if momentum shifts and capital returns to the sector.

    Featured image from OpenArt, chart from TradingView.com