TL;DR<\/p>\n
XRP fell 8% to $2.91, facing heavy selling as hourly volume spiked sharply.<\/span> Ripple (XRP) dropped 8% in the last 24 hours, sliding from a session high of $3.17 to a low of $2.9. The steepest move came during the midnight trading window on August 1, when the token fell 3% in one hour on 259.21 million units traded, nearly four times its usual hourly volume.<\/span><\/p>\n At press time, XRP trades at $2.91 with a 24-hour trading volume of $7.4 million. Over the past seven days, the token is down 5%. Its market capitalization stands at $174 billion, based on a circulating supply of 59 billion XRP.<\/span><\/p>\n Crypto analyst CRYPTOWZRD said the daily candle closed bearish, while the monthly candle finished strongly bullish. He explained that XRP holding above $2.80 remains a bullish area, and a push beyond $3.30 could lead to a rally toward $3.65.<\/span><\/p>\n XRP Daily Technical Outlook:$XRP<\/a> closed bearish. However, the Monthly candle printed strongly bullish. I\u2019ll look for more short-term volatility from here to scalp opportunities. Both Bitcoin and BTC.D will play a role \u200d pic.twitter.com\/wHFIz9S24J<\/a><\/p>\n \u2014 CRYPTOWZRD (@cryptoWZRD_) August 1, 2025<\/a><\/p>\n\n Intraday analysis shows $3.23 as a key resistance level. Trading above it could support long positions, while a drop below $3 keeps conditions bearish. The analyst expects short-term volatility, with Bitcoin and its dominance likely to guide market direction.<\/span><\/p>\n A double bottom pattern may be <\/span>forming<\/span><\/a> as XRP bounced twice from the same support level. A confirmed break above the pattern\u2019s resistance would open the way for a new attempt at recovery.<\/span><\/p>\n On-chain data shows mixed whale behavior. Large holders have sold roughly $28 million worth of XRP per day over the last 90 days.\u00a0<\/span><\/p>\n At the same time, over 310 million XRP tokens, valued at nearly $1 billion, were accumulated during the recent correction as exchange balances fell, <\/span>showing<\/span><\/a> movement toward off-exchange storage.<\/span><\/p>\n The post Ripple\u2019s XRP Tanks 8% in 24 Hours as Market Volatility Grips Traders<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" TL;DR XRP fell 8% to $2.91, facing heavy selling as hourly volume spiked sharply. Whales sold $28M daily, after 310M XRP were accumulated ahead of the recent rally. Exchange balances had also declined recently. Analysts see $3.23 as key resistance and $2.80 as a crucial short-term bullish zone. XRP Faces Sharp 24-Hour Decline Ripple (XRP) […]<\/p>\n","protected":false},"author":0,"featured_media":85561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85560"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=85560"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/85561"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nWhales sold $28M daily, after 310M XRP were accumulated ahead of the recent rally. Exchange balances had also declined recently.<\/span>
\nAnalysts see $3.23 as key resistance and $2.80 as a crucial short-term bullish zone.<\/span><\/p>\nXRP Faces Sharp 24-Hour Decline<\/h2>\n
Analyst Notes Bullish Monthly Candle<\/h2>\n
Market Structure and Whale Activity<\/h2>\n