4 XRP Warning Signs Flash: Is Ripple’s Price About to Tumble?
TL;DR
- Ripple’s native token fared relatively well during one phase of the ongoing market-wide correction, but has slipped further below the crucial resistance at $3.
- Although the asset has lost more than 20% of its value since its all-time high registered in mid-July already, there could be more pain on the horizon. Here are four signs supporting this narrative.
Technical Indicators
It was just a few weeks ago when XRP rode a massive wave that drove it from a range-still position of around $2.2 to an all-time high of $3.65. Following this spectacular run, the asset expectedly calmed and retraced toward $3.3. At this point, analysts emerged to warn about the significance of the $3 support, which has to endure so that XRP can remain in a bullish state.
Although this was indeed the case for a long period during the recent correction, that support line finally cracked in the past several hours, and the third-largest cryptocurrency now sits well below it. Although it still hasn’t closed beneath it on the daily, it could dump to the next two support lines at $2.8 and $2.5 if it does, as previously reported.
The second worrying sign for XRP’s price comes from the TD Sequential metric. Ali Martinez, a popular crypto analyst with roughly 140,000 followers on X, warned that the indicator had flashed a sell signal on the 4-hour chart at the local top.
Thirdly, Martinez highlighted the MVRV ratio, which just notched a “death cross, another sign that a steeper correction could be underway.”
Whales Dumping
Ahead of and during the aforementioned rally to a new all-time high, large market participants, known as whales, were accumulating en masse. Within a few weeks, they spent billions to acquire more tokens. In fact, they were buying even when the asset’s price dipped.
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However, whales have switched their strategy and disposed of more than 700 million XRP tokens in the span of just a day. To put things into a USD perspective, this stash is worth over $2.1 billion at current prices. Such massive sell-offs increase the immediate selling pressure and serve as examples for smaller investors who can follow suit.
Whales have sold over 710 million $XRP in the past 24 hours! pic.twitter.com/xE5ldWaZz7
— Ali (@ali_charts) August 2, 2025
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