Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Upbit Begins Coin Listing Spree as Bithumb Trading Volumes Grow

September 11, 2025

Mantle Becomes Top Gainer as Bybit Deal Pushes MNT to ATH: Can the Rally Last?

September 11, 2025

Coinbase demands SEC accountability after lost Gary Gensler’s text messages episode

September 11, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

Analyst sounds alarm on XRP – Is a collapse below $2 imminent?

0
By Aggregated - see source on March 10, 2025 Altcoin
Share
Facebook Twitter LinkedIn Pinterest Email
  • XRP has relied on whale support twice post-election, making it a crucial metric to watch.
  • Is the $2 support level hanging by a thread?

Ripple [XRP] plunged to $2.10 amid the recent market downturn, recording an 8.06% single-day drop – one of the steepest among high-cap assets.

Following the election, XRP twice closed below $2, within the $1.95–$1.98 range, which triggered significant rallies of 71% and 53%, respectively.

These rebounds were not coincidental—they were driven by whale wallets injecting billions into the XRP Ledger. Each dip coincided with a surge in institutional inflows.

Now, as Ripple revisits this critical support zone, the question arises: is another breakout imminent?

Key threat to its $2 support

In a recent analysis, a market strategist warned that a breach of XRP’s $2 support could trigger its “end game,” signaling a deeper breakdown.

This prompted AMBCrypto to dive deeper into the possible factors at play.

Retail-driven FOMO, a key liquidity driver, has been absent since the election rally. Binance outflows, which previously surged to 12 billion XRP, have now dropped to 115 million.

XRP outflow

Source: CryptoQuant

Adding to the concern, during XRP’s two previous dips below $2, outflows dropped to just 10 million XRP, indicating that small retail investors were reluctant to buy the dip.

At the same time, futures traders are pulling back as well. XRP’s Open Interest (OI) has fallen by 6.38% to $3.17 billion—a sharp decline from the $7.80 billion OI peak during its mid-January rally.

With shrinking liquidity and waning FOMO, the possibility of reclaiming $3 seems increasingly slim, heightening fears that Ripple’s $2 support level remains unstable.

Is XRP losing its grip on the market?

Less than two weeks after talk of XRP’s ‘potential’ inclusion in the Strategic Reserve sparked backlash, the market’s response was decisive.

Within a day, Ripple plunged 18.79%, suffering a far steeper decline than Bitcoin’s 8.10% drop.

Despite being 2024’s top-performing high-cap asset by YTD growth, a repeat rally in 2025 remains uncertain. 

The key now lies with major holders, whose accumulation has defended the $2 level so far.

Ripple whalesRipple whales

Source: Santiment

With rising volatility, retail demand is diminishing, and futures liquidity is drying up. There is no institutional support for an XRP reserve.

The $2 support level now faces increasing pressure. Major holders remain the last line of defense for maintaining this critical support zone.

Next: 1.8 mln Ethereum purchased – Can rising demand push ETH to $2.9K?

Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Hyper Finds Buzz, Yet MAGACOIN FINANCE Dominates ROI Forecasts Across Analyst Reports

September 11, 2025

Can CPI Rates Drive Market Sentiment-Bitcoin and Altcoins Poised for a Massive Price Action

September 11, 2025

Solana Price Prediction: Why New Crypto Investors Are Betting Big On Remittix Over Solana In September

September 11, 2025
Leave A Reply Cancel Reply

What's New Here!

Upbit Begins Coin Listing Spree as Bithumb Trading Volumes Grow

September 11, 2025

Mantle Becomes Top Gainer as Bybit Deal Pushes MNT to ATH: Can the Rally Last?

September 11, 2025

Coinbase demands SEC accountability after lost Gary Gensler’s text messages episode

September 11, 2025

Bitcoin Hyper Finds Buzz, Yet MAGACOIN FINANCE Dominates ROI Forecasts Across Analyst Reports

September 11, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.