{"id":39893,"date":"2025-08-01T04:33:18","date_gmt":"2025-08-01T04:33:18","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39893"},"modified":"2025-08-01T04:33:18","modified_gmt":"2025-08-01T04:33:18","slug":"xrp-falls-8-below-3-after-hitting-resistance-high-volume-selloff-signals-weakness","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39893","title":{"rendered":"XRP Falls 8% Below $3 After Hitting Resistance, High-Volume Selloff Signals Weakness"},"content":{"rendered":"
\n

What to Know<\/h2>\n

XRP declined 8% over the past 24 hours, falling from a session high of $3.17 to a low of $2.94, as intense sell pressure overwhelmed initial strength. The sharpest drop occurred during the midnight trading window on August 1, when XRP fell 2.7% in a single hour, accompanied by 259.21 million units in volume\u2014nearly 4x its 24-hour average.<\/p>\n

Despite the downtrend, accumulation signals surfaced during the recovery phase, as XRP rebounded to $2.98. Volume diminished after the initial volatility, suggesting that institutional buyers stepped in to absorb excess supply near key support zones.<\/p>\n

News Background<\/h2>\n

Whale activity surrounding XRP continues to deliver mixed signals. On one hand, large holders have liquidated roughly $28 million worth of XRP daily<\/strong> over a trailing 90-day period, according to on-chain data. This trend highlights persistent distribution among institutional and early holders.<\/p>\n

At the same time, over 310 million XRP tokens\u2014valued at nearly $1 billion\u2014have been accumulated<\/strong> during the recent correction phase, as exchange balances fell sharply, signaling sustained capital inflow.<\/p>\n

Adding to the cross-currents, Maxwell Stein, Director of Digital Assets at BlackRock, confirmed participation at Ripple\u2019s Swell 2025 conference<\/strong>, hinting at growing institutional alignment despite recent price pressure.<\/p>\n

Price Action Summary<\/h2>\n

\u2022 High:<\/strong> $3.17 (10:00 UTC, July 31)
\u2022 Low:<\/strong> $2.94 (00:00 UTC, August 1)
\u2022 24h Change:<\/strong> -8%
\u2022 Hourly Low Point:<\/strong> $3.02 \u2192 $2.94 (Midnight drop)
\u2022 Volume Surge:<\/strong> 259.21M units during correction vs. 64.89M average
\u2022 Closing Price:<\/strong> $2.98 (marginal recovery into session close)<\/p>\n

XRP\u2019s closing price near $2.98 represents a minor recovery off session lows, but still signals broader structural weakness. Short-term sentiment remains fragile amid liquidation flows and technical breakdowns below the $3.00 threshold.<\/p>\n

Technical Analysis<\/h2>\n

The $2.94 support zone held firm during multiple intraday tests, reinforced by aggressive dip-buying that allowed prices to reclaim $2.98 by session end. Resistance remains overhead at $3.02\u2013$3.05, with continued rejection likely unless spot inflows pick up.<\/p>\n

Momentum indicators remain skewed bearish, though recovering volume profiles suggest some exhaustion in the sell-off.<\/p>\n

What Traders Are Watching<\/h2>\n

\u2022 Whether $2.94\u2013$2.95 holds as structural support in the near term
\u2022 Signs of renewed whale accumulation or a pause in distribution trends
\u2022 BlackRock\u2019s positioning ahead of Ripple Swell 2025 and its implications for future XRP ETF-related narratives
\u2022 Reaction at the $3.00\u2013$3.05 resistance band, which previously marked key distribution levels<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

What to Know XRP declined 8% over the past 24 hours, falling from a session high of $3.17 to a low of $2.94, as intense sell pressure overwhelmed initial strength. The sharpest drop occurred during the midnight trading window on August 1, when XRP fell 2.7% in a single hour, accompanied by 259.21 million units […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-39893","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39893"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39893\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}