
{"id":91239,"date":"2025-08-26T03:25:29","date_gmt":"2025-08-26T03:25:29","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=91239"},"modified":"2025-08-26T03:25:29","modified_gmt":"2025-08-26T03:25:29","slug":"xrp-crashes-back-under-3-deeper-correction-or-bounce-off-next","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=91239","title":{"rendered":"XRP Crashes Back Under $3: Deeper Correction or Bounce-Off Next?"},"content":{"rendered":"<p>XRP struggled to sustain its recent momentum as it failed to reclaim the $3 mark. After enjoying a relatively strong weekend that kept sentiment leaning positive, selling pressure emerged on Monday, which pushed the price back down to $2.95.<\/p>\n<p>The correction phase may not be over yet, as on-chain data points to rising exchange inflows across multiple value bands, a pattern that is often linked to profit-taking behavior.<\/p>\n<h2>XRP at Crossroads<\/h2>\n<p>Historically, XRP\u2019s major peaks, such as $3 in 2018, $1.9 in 2021, and $0.9 in 2023, were all preceded by significant spikes in exchange deposits. CryptoQuant <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/68ac2e8deae98556c03c1338-XRP-Correction-Could-Be-Near-Exchange-Inflow-Transactions-Analysis\" target=\"_blank\" rel=\"noopener\">explained<\/a> that this means investors and whales sent tokens to trading platforms to realize gains.<\/p>\n<p>Entering 2025, XRP surged to the $3.5-$4 range, and inflows, particularly from large holders in the 100K-1M+ XRP range, reached exceptionally high levels. Such moves strongly imply that whales are beginning to offload holdings and introduce increased short-term selling pressure.<\/p>\n<p>Currently, the crypto asset is consolidating below $3, yet inflow levels remain high, thereby keeping downside risks in focus. Should the selling pressure intensify, a pullback toward the $2.8 support zone appears plausible.<\/p>\n<p>However, if the crypto asset is able to reclaim and hold $3 level, it could serve as a critical base for the next bullish advance. The key resistance area sits at $4.2-$4.5, and a successful breakout above that range could pave the way for a new price discovery phase.<\/p>\n<p>Structurally, the analysis revealed that XRP is stronger than during past cycles, and has maintained a firm long-term uptrend. Therefore, while the short-term outlook indicates caution, the broader trajectory still supports the possibility of XRP targeting $5 or higher later in 2025.<\/p>\n<p>These on-chain signals are consistent with Elliott Wave forecasts.<\/p>\n<h2>Make-or-Break Level for XRP<\/h2>\n<p>Elliott Wave analyst Avi Harkishun <a href=\"https:\/\/x.com\/AviHarkishun\/status\/1959795970901733871\" target=\"_blank\" rel=\"noopener\">spoke<\/a> about two key scenarios based on critical support levels. In his tweet, Harkishun noted that as long as the current $2.95 level holds firm, XRP retains a bullish structure. The next upside target is projected between $4.00 and $4.40.<\/p>\n<p>However, he also outlined a cautionary path \u2013 if $2.95 breaks decisively, XRP could enter a corrective phase through a WXY double correction pattern, and potentially retrace toward $2.40 at the high-volume node, an area of historically strong liquidity. In short, the altcoin\u2019s next move will be determined by whether buyers can defend the $2.95 threshold or whether sellers force a breakdown.<\/p>\n<p>Other market commentators are also <a href=\"https:\/\/cryptopotato.com\/xrp-rally-ahead-analyst-predicts-220-surge-to-9-5-and-beyond\/\" target=\"_blank\" rel=\"noopener\">weighing<\/a> in on XRP\u2019s next move. Crypto analyst Ali Martinez, for one, struck a bullish tone, as he <a href=\"https:\/\/x.com\/ali_charts\/status\/1959954914337280194\" target=\"_blank\" rel=\"noopener\">tweeted<\/a> that \u201cit won\u2019t take long before the token is back at $3.70!\u201d<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/xrp-crashes-back-under-3-deeper-correction-or-bounce-off-next\/\">XRP Crashes Back Under $3: Deeper Correction or Bounce-Off Next?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP struggled to sustain its recent momentum as it failed to reclaim the $3 mark. After enjoying a relatively strong weekend that kept sentiment leaning positive, selling pressure emerged on Monday, which pushed the price back down to $2.95. The correction phase may not be over yet, as on-chain data points to rising exchange inflows [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":91240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-91239","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\/91239"}],"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=91239"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/91239\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/91240"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}