XRP has been hit by one of its most aggressive sell waves this year, with on-chain data revealing that major whale wallets offloaded nearly 200 million XRP, roughly $400 million, within just 48 hours.<\/p>\n
Related Reading: Ethereum Dead Cat Bounce Puts Price At $3,400, But What\u2019s The Ultimate Target?<\/a><\/p>\n According to Santiment analytics, wallets holding between one million and ten million tokens were the primary contributors, adding significant sell-side liquidity to an already fragile market.<\/p>\n This sudden influx of supply arrived at a time when XRP was already battling bearish sentiment across the broader crypto space. The asset slipped 10.32% in 24 hours, falling below the key $2 psychological level, touching lows near $1.85, and posting double-digit losses within a single day.<\/p>\n\n Market indicators paint a grim picture. XRP is trading below both its 50-day and 200-day Simple Moving Averages, signalling sustained downward momentum. The Fear & Greed Index<\/a> sits at 14, firmly in \u201cextreme fear\u201d territory, while selling volume surged past $7.2 billion in 24 hours.<\/p>\n Analysts warn that a failure to reclaim resistance near $2.30 could open the door to deeper losses, with short-term projections suggesting a potential drop toward $1.50 if bearish pressure continues.<\/p>\n The weakness is not isolated to XRP. Bitcoin\u2019s retreat below the $85,000 zone and Ethereum\u2019s slide below $3,000 have triggered market-wide liquidations, with macro uncertainty adding fuel.<\/p>\n Concerns over a possible delay in Federal Reserve rate cuts, driven by soft U.S. jobs data and rising unemployment, have dented investor appetite for risk assets across the board.<\/p>\n Will XRP Stabilize or Sink Further?<\/strong><\/p>\n The big question now is whether whales will continue distributing or pause their offloading. If no new wave of large-scale selling emerges, analysts believe XRP<\/a> could stabilize and attempt to reclaim the $2 mark in the coming sessions.<\/p>\n Recovery projections place the short-term target between $2.50 and $2.70, though this would require a decisive break above long-standing resistance.<\/p>\n Medium-term predictions remain cautiously optimistic but restrained. Many experts expect XRP to trade between $1.96 and $2.27 into the end of 2025, with stronger upside momentum unlikely until regulatory clarity and upcoming ETF activity begin shaping demand heading into 2026.<\/p>\nExtreme Fear Grips the Market<\/strong><\/h2>\n