- Since July 2025, the XRP price witnessed a steady downtrend, resonating within two converging trendlines of falling wedge patterns.
- Large XRP transfers to Binance are dominated by holders controlling 100K–1M and 1M+ tokens
- A bearish alignment between the key EMAs (20<50<100<200) indicates the path to least resistance is down.
XRP, the native cryptocurrency of the XRP Ledger, shows low volatility trading on weekends as its price stabilizes around $1.92. The buying pressure is still thin and the substantial exchange inflow from large investors highlights risk of prolonged correction. The technical chart also accentuates multiple resistance restriction XRP from sustained recovery.
XRP Faces Selling Pressure as Whale Deposits Surge on Binance
Recent data on Binance shows large movements in XRP as transfers are mostly coming from holders who control between 100,000 to 1 million tokens and more than 1 million. These patterns are indicative of the major players, rather than everyday traders, moving assets onto trading platforms, often indicating the intention of offloading holdings.
Following sharp increases in these deposits, market trends show a consistent trend of declining peak values and troughs and indicate an imbalance where incoming supply exceeds purchasing interest. With no new strong buying activity, this kind of dynamic has resulted in slow declines with even moderate selling from big holders adding downward pressure.
Based on inflow intensity and price reactions, analyst PelinayPA highlights $1.82 to $1.87 as a major support zone where temporary halts and slight uptake have occurred in the past. Should deposit volumes continue to trade at heightened levels, additional slides could fall into the 1.50 to 1.66 dollar range. Overall, the visuals from this inflow tracking does not match with buildup for upward momentum.
Anticipation around possible XRP exchange-traded funds had fueled hopes for greater institutional participation and value growth through direct acquisitions. However, the response was in the form of an increase in token deposits on Binance. This suggests large accumulators, who took their positions first in the ETF frenzy, used their accumulator stashes to deliver exit liquidity. Essentially, these entities took advantage of the hype by directing sales at smaller market participants.
For this reason, efforts to push closer to $1.95 face push back, and iron the impression that positive changes are unlikely to occur while there are still high inflows.
XRP Price 2% Short From Key Resistance Challenge
In the last two weeks, the XRP price shows a brief pullback from $2.17 to $1.93, registering a loss of 12.34%. Consequently, the asset market cap plunged to $116.86 billion.
An analysis of the daily chart shows this downswing resonating strictly within two converging trendlines indicating the formation of falling wedge patterns. The chart setup is commonly supported at the end of downtrend as converging trendline hints diminishing bearish momentum.
With an intraday gain of 1.3%, the XRP price is heading close to the pattern’s resistance trendline at $2.2. The 20-day exponential moving average wavering close to this resistance indicates additional resistance against buyers.
If the crypto sellers continue to defend the overhead trendline, the coin price reverses lower and drives prolonged correction below the $2.
Therefore, for buyers to regain their control over this asset, the XRP price must breach the overhead trendline to initiate recovery momentum.
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