Is Ripple’s Price About to Tumble?

TL;DR

• Ripple’s native token fared comparatively nicely throughout one section of the continuing market-wide correction, however has slipped additional under the essential resistance at $3.
• Though the asset has misplaced greater than 20% of its worth since its all-time excessive registered in mid-July already, there may very well be extra ache on the horizon. Listed here are 4 indicators supporting this narrative.

Technical Indicators

It was just some weeks in the past when XRP rode a large wave that drove it from a range-still place of round $2.2 to an all-time excessive of $3.65. Following this spectacular run, the asset expectedly calmed and retraced towards $3.3. At this level, analysts emerged to warn concerning the significance of the $3 assist, which has to endure in order that XRP can stay in a bullish state.

Though this was indeed the case for an extended interval in the course of the current correction, that assist line lastly cracked previously a number of hours, and the third-largest cryptocurrency now sits nicely under it. Though it nonetheless hasn’t closed beneath it on the each day, it might dump to the subsequent two assist strains at $2.8 and $2.5 if it does, as beforehand reported.

The second worrying signal for XRP’s value comes from the TD Sequential metric. Ali Martinez, a well-liked crypto analyst with roughly 140,000 followers on X, warned that the indicator had flashed a promote sign on the 4-hour chart on the native prime.

Thirdly, Martinez highlighted the MVRV ratio, which simply notched a “demise cross, one other signal {that a} steeper correction may very well be underway.”

Whales Dumping

Forward of and in the course of the aforementioned rally to a brand new all-time excessive, massive market contributors, generally known as whales, have been accumulating en masse. Inside just a few weeks, they spent billions to amass extra tokens. In truth, they have been buying even when the asset’s value dipped.

Nevertheless, whales have switched their technique and disposed of greater than 700 million XRP tokens within the span of only a day. To place issues right into a USD perspective, this stash is price over $2.1 billion at present costs. Such large sell-offs enhance the instant promoting stress and function examples for smaller traders who can observe swimsuit.

Whales have bought over 710 million $XRP previously 24 hours! pic.twitter.com/xE5ldWaZz7

— Ali (@ali_charts) August 2, 2025