The post Whales Dump $480M XRP in 48 Hours appeared on BitcoinEthereumNews.com. Key Insights: Whales unloaded over $480M XRP, causing pressure as price dropped from $2.30 to $1.95. XRP is retesting a crucial weekly support zone that has held firm throughout 2025. An ascending triangle remains intact, but a breakdown could shift trend momentum downward fast. Whales Dump $480M XRP in 48 Hours: What’s Driving the Sell-Off? In the past two days, wallets holding 10 million to 100 million XRP have sold off more than $480 million worth of the token. This data points to a sudden shift in behavior from some of the largest XRP holders. The drop in whale balances began around November 20, following a steady buildup earlier in the month. At the same time, XRP’s price fell from above $2.30 to near $1.95. This overlap suggests the sell-off may have contributed to the recent price pressure. “Large holders might be taking profits or responding to short-term risk,” some have said, though the reason remains unclear. Key Support Zone Back in Play XRP was trading near a key weekly support range between $1.80 and $2.10. This level has served as a price floor several times throughout the year. The latest candlestick shows a small bounce after touching this zone. Charts shared by traders point to this area as a critical line for bulls. If price holds and buyers step in, the recovery could continue. But if support fails, it opens the door to a deeper correction. A close above $2.20 would help confirm strength and shift the focus back toward higher levels. Source: FOUR | Crypto Spaces/X Pattern Structure Still Intact Despite the recent drop, XRP was still forming a multi-year ascending triangle. The pattern shows a flat resistance line and rising support, often seen before breakouts. Price has continued to post higher lows, keeping the structure in place… The post Whales Dump $480M XRP in 48 Hours appeared on BitcoinEthereumNews.com. Key Insights: Whales unloaded over $480M XRP, causing pressure as price dropped from $2.30 to $1.95. XRP is retesting a crucial weekly support zone that has held firm throughout 2025. An ascending triangle remains intact, but a breakdown could shift trend momentum downward fast. Whales Dump $480M XRP in 48 Hours: What’s Driving the Sell-Off? In the past two days, wallets holding 10 million to 100 million XRP have sold off more than $480 million worth of the token. This data points to a sudden shift in behavior from some of the largest XRP holders. The drop in whale balances began around November 20, following a steady buildup earlier in the month. At the same time, XRP’s price fell from above $2.30 to near $1.95. This overlap suggests the sell-off may have contributed to the recent price pressure. “Large holders might be taking profits or responding to short-term risk,” some have said, though the reason remains unclear. Key Support Zone Back in Play XRP was trading near a key weekly support range between $1.80 and $2.10. This level has served as a price floor several times throughout the year. The latest candlestick shows a small bounce after touching this zone. Charts shared by traders point to this area as a critical line for bulls. If price holds and buyers step in, the recovery could continue. But if support fails, it opens the door to a deeper correction. A close above $2.20 would help confirm strength and shift the focus back toward higher levels. Source: FOUR | Crypto Spaces/X Pattern Structure Still Intact Despite the recent drop, XRP was still forming a multi-year ascending triangle. The pattern shows a flat resistance line and rising support, often seen before breakouts. Price has continued to post higher lows, keeping the structure in place…

Whales Dump $480M XRP in 48 Hours

2025/11/23 20:17

Key Insights:

  • Whales unloaded over $480M XRP, causing pressure as price dropped from $2.30 to $1.95.
  • XRP is retesting a crucial weekly support zone that has held firm throughout 2025.
  • An ascending triangle remains intact, but a breakdown could shift trend momentum downward fast.
Whales Dump $480M XRP in 48 Hours: What’s Driving the Sell-Off?

In the past two days, wallets holding 10 million to 100 million XRP have sold off more than $480 million worth of the token. This data points to a sudden shift in behavior from some of the largest XRP holders.

The drop in whale balances began around November 20, following a steady buildup earlier in the month. At the same time, XRP’s price fell from above $2.30 to near $1.95. This overlap suggests the sell-off may have contributed to the recent price pressure. “Large holders might be taking profits or responding to short-term risk,” some have said, though the reason remains unclear.

Key Support Zone Back in Play

XRP was trading near a key weekly support range between $1.80 and $2.10. This level has served as a price floor several times throughout the year. The latest candlestick shows a small bounce after touching this zone.

Charts shared by traders point to this area as a critical line for bulls. If price holds and buyers step in, the recovery could continue. But if support fails, it opens the door to a deeper correction. A close above $2.20 would help confirm strength and shift the focus back toward higher levels.

Source: FOUR | Crypto Spaces/X

Pattern Structure Still Intact

Despite the recent drop, XRP was still forming a multi-year ascending triangle. The pattern shows a flat resistance line and rising support, often seen before breakouts. Price has continued to post higher lows, keeping the structure in place for now.

Previous breakouts from this setup have led to fast upward moves. That said, a break below the rising trendline would change the outlook and weaken the case for further gains.

Price Movement Remains Mixed

XRP was trading at $2.03, with a 24-hour gain of 5.8% but still down over 10% for the week. The recent whale exits may continue to weigh on sentiment unless offset by new demand. A bounce above $2.30 could attract momentum buyers. For now, traders are watching whether XRP can stay above $1.80 as pressure builds.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/analysis/whales-dump-480m-xrp-in-48-hours/

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The post What Does the Future Hold for XRP in the Coming Days? Analysis Company Provides Critical Levels appeared on BitcoinEthereumNews.com. Cryptocurrency analysis firm MakroVision has shared its updated technical assessment of XRP’s current market outlook. The company noted that the ongoing selling pressure in the broader crypto market continues to affect XRP. According to the analysis, XRP’s loss of critical support at $2.22 has accelerated the downward momentum. MakroVision stated that in the short term, XRP has hit the 0.618-0.665 Fibonacci retracement “Golden Pocket” zone in the $1.87-$1.82 range, but the reaction from this area has been weak. It added that XRP needs to settle back above $1.96 for any upward movement to subside. The next support area to monitor in case of further declines is the $1.76-$1.66 range. Analysts noted that unless $1.96 is broken, $2.22 and $2.48 are currently distant targets, suggesting the trend remains significantly negative in the medium term. At the time of writing, the XRP price is trading at $1.92 and has lost approximately 1% of its value in the last 24 hours. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/what-does-the-future-hold-for-xrp-in-the-coming-days-analysis-company-provides-critical-levels/
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BitcoinEthereumNews2025/11/23 21:28