A new analysis has raised concerns about the possibility ofXRP price crash below $3 mark, though there remains a glimmer of hope for recovery. With XRP recently following its post-SEC rally, profit-taking is now pressuring price action—and analysts are watching critical technical and on-chain signals closely.
Technical Setup: Pattern Break with Lingering Risk
- Following the Ripple–SEC victory, XRP breached a descending trendline and climbed toward $3.40—but failed to sustain momentum and has since cooled. Analyst HAMED_AZ notes this return to bearish territory as a sign caution is warranted.
- A similar analysis from Lingrid points out that XRP is holding the $3.15 support zone; if this holds, a bounce back to $3.40 could lead to a rally toward $3.80. A failure to remain above $3.15, however, may expose deeper weakness.
On-Chain & Whale Activity: Red Flags Rising
- Recent reports highlight large-scale XRP movement, including a staggering 720 million XRP sell-off by whales—an ominous signal for market sentiment and underlying liquidity.
- Threatening to add fuel to the fire, a major whale is speculated to be preparing a $50 million sell position, potentially pushing XRP further below support if realized.
Analyst Commentary: Diverging Viewpoints
- Ali Martinez warns that the $3 level may not offer much defense; the only substantive support lies significantly lower, around the $2.48 zone—suggesting scope for further downside if $3 breaks.
- On the bullish side, some analysts say the current dip may be a setup for a breakout, contingent upon reclaiming and holding $3.40.
Support & Resistance Levels to Monitor
Scenario | Levels to Watch | Implications |
Hold above $3.15 | $3.15–$3.20 | Potential bounce to $3.40+ |
Break below $3.15 | $2.90–$3.00 support zone | Risks deepening correction |
Reclaim above $3.40 | ~$3.80 resistance area | Signal for bullish continuation |
Broader Market Sentiment & Fundamentals
Overall sentiment remains cautiously optimistic despite near-term volatility:
- Netto shifting from legal uncertainty to clarity has enabled bullish structures, though multiple XRP ETF applications are still under SEC review.
- Although short-term corrections may occur, several analysts remain bullish on a 2025 rally backed by institutional and regulatory tailwinds.
Conclusion & What Traders Should Watch
XRP is still in a very important position. Once it has been confirmed that price goes below $3.15, it may pave the way to further lowering, that is, perhaps to even lower levels than to $2.90. However, should the support fail and liquidity provided by whale holders stabilize, the bullish run may be recovered and the price may break through to the level of USD 3.80.