tldr; XRP experienced a significant sell-off, with major whale wallets offloading nearly 200 million XRP, worth approximately $400 million, within 48 hours. This sell pressure contributed to a 10.32% price drop, pushing XRP below $2 to lows near $1.85. Market indicators show bearish momentum, with XRP trading below key moving averages and extreme fear dominating sentiment. Analysts suggest that further whale activity will determine whether XRP stabilizes or faces deeper losses, with short-term recovery targets between $2.50 and $2.70 contingent on overcoming resistance.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Sumfingwong22 on
China and the UAE completed their first-ever cross-border payment using CBDCs showing Xrp and swift are no longer needed.
colonisedlifeworld on
Market is down. Easy on the XRP FUD mate
Annemon12 on
i mean that’s the point of crypto you buy it when it is low, then pump it up and dump it so that public panics and sell it for cheap to buy it again pump it and…
What do you think it is ? there isn’t economy around crypto, nfts are joke, ethereum is still stuck adding to the chain another quantum server smart contracts mumbo jumbo 10 years straight and you still can’t buy pretty much anything with bitcoin the biggest coin of them all let alone small ones.
That’s the market.
Wait for it to bottom out, wait for a bit for cat bounce for second bottom out and then start buing hoping to be lesser fool then rest of people buying and dump it before it hits the peak assuming you will be able to stay cool and sell it instead of going „to the mooooon“
Vashka69 on
Institutions have ruined crypto. I suppose we wanted this back in 2021
Flight_Early on
the risk is XRP going to 50 cents
Beatless7 on
Fear
anthonyrjwood on
It’s shit?
b-loved_assassin on
Whole market is getting dunked on, don’t know why some of you guys have a hard-on for highlighting one coin/token over the other
IAMDATRUESTREPAIRMAN on
Market is gonna go down lower towards the end of the year for holidays and taxes
RetroClubXYZ on
Crypto is worth as much as fiat…….zero
Arlennx on
Too many alt coins. It has thinned out volume. We have pretty much everyone who would have bought alt coins in the market. Back then it was fresh, now their is to much negative press to bring in new people.
TyrantsInSpace on
The 4 year cycle is still on. Hope you remembered to take some profits. See y’all in 2028/29.
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16 Kommentare
tHe MaRkEt
People are taking profits?
[deleted]
tldr; XRP experienced a significant sell-off, with major whale wallets offloading nearly 200 million XRP, worth approximately $400 million, within 48 hours. This sell pressure contributed to a 10.32% price drop, pushing XRP below $2 to lows near $1.85. Market indicators show bearish momentum, with XRP trading below key moving averages and extreme fear dominating sentiment. Analysts suggest that further whale activity will determine whether XRP stabilizes or faces deeper losses, with short-term recovery targets between $2.50 and $2.70 contingent on overcoming resistance.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
China and the UAE completed their first-ever cross-border payment using CBDCs showing Xrp and swift are no longer needed.
Market is down. Easy on the XRP FUD mate
i mean that’s the point of crypto you buy it when it is low, then pump it up and dump it so that public panics and sell it for cheap to buy it again pump it and…
What do you think it is ? there isn’t economy around crypto, nfts are joke, ethereum is still stuck adding to the chain another quantum server smart contracts mumbo jumbo 10 years straight and you still can’t buy pretty much anything with bitcoin the biggest coin of them all let alone small ones.
That’s the market.
Wait for it to bottom out, wait for a bit for cat bounce for second bottom out and then start buing hoping to be lesser fool then rest of people buying and dump it before it hits the peak assuming you will be able to stay cool and sell it instead of going „to the mooooon“
Institutions have ruined crypto. I suppose we wanted this back in 2021
the risk is XRP going to 50 cents
Fear
It’s shit?
Whole market is getting dunked on, don’t know why some of you guys have a hard-on for highlighting one coin/token over the other
Market is gonna go down lower towards the end of the year for holidays and taxes
Crypto is worth as much as fiat…….zero
Too many alt coins. It has thinned out volume. We have pretty much everyone who would have bought alt coins in the market. Back then it was fresh, now their is to much negative press to bring in new people.
The 4 year cycle is still on. Hope you remembered to take some profits. See y’all in 2028/29.