XRP Plummets 10% In 1 Week: Why Is It Going Down?

XRP (CRYPTO: XRP) has fallen 10% over the past week amid heavy whale selling, but traders are now eyeing it as a potential buying opportunity.

XRP has experienced a significant decline of 10% over the past week, primarily driven by substantial selling activities from large holders, commonly referred to as “whales.” As of 2025, this downturn has caught the attention of traders, some of whom now perceive it as a potential buying opportunity in the volatile cryptocurrency market.

According to crypto chart analyst Ali Martinez, several technical indicators are currently signaling a buy opportunity for XRP. He suggests that the asset might be poised for a rebound after previously indicating the market’s peak. Meanwhile, CrediBULL Crypto has pointed out that XRP/BTC has reached expected lows, although XRP/USD scalps were adversely affected following Bitcoin’s dip below $114,000. CrediBULL maintains a bullish perspective, contingent on Bitcoin stabilizing, which could catalyze a rally for XRP.

Moreover, a report from Galaxy highlights XRP’s prolonged five-year consolidation phase against Bitcoin, marking its longest accumulation period to date. Historically, such extended periods of price range have often preceded significant market breakouts, indicating that a major movement in XRP’s price could be on the horizon.

XRP Plummets 10% In 1 Week: Why Is It Going Down?

Recent statistics underline the current market dynamics surrounding XRP. Martinez noted that in just the past ten days, whales have sold approximately 470 million XRP. In terms of trading activity, data from Coinglass reveals that the derivatives trading volume for XRP surged by 7.3% in a single day. Additionally, options volume increased by 29.2%, while open interest skyrocketed by 94.4%. Over the past 24 hours, liquidations in the XRP market reached a total of $18.4 million, with long positions accounting for $15.25 million of that total.

This recent activity underscores the volatility and rapid changes within the cryptocurrency market, particularly for XRP. As traders continue to navigate these fluctuations, the potential for recovery remains, especially if Bitcoin manages to regain its footing. The convergence of technical indicators and market sentiment may offer opportunities for both short-term and long-term investors.

“XRP’s longest accumulation phase ever suggests a major move may be building,” noted Galaxy, emphasizing the historical significance of such trends.

In summary, while XRP has faced a downturn in the past week due to whale selling, traders are optimistic about potential buying opportunities supported by technical signals and historical patterns. As the cryptocurrency landscape evolves, staying informed about market trends and dynamics will be crucial for investors aiming to capitalize on future movements.

For further insights into cryptocurrency trends and market dynamics, be sure to follow Benzinga, which provides vital metrics and analysis tailored for market enthusiasts.

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. A newsletter built for market enthusiasts by market enthusiasts.

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