{"id":39932,"date":"2025-08-01T09:17:00","date_gmt":"2025-08-01T09:17:00","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39932"},"modified":"2025-08-01T09:17:00","modified_gmt":"2025-08-01T09:17:00","slug":"ripples-xrp-tanks-8-in-24-hours-as-market-volatility-grips-traders","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39932","title":{"rendered":"Ripple\u2019s XRP Tanks 8% in 24 Hours as Market Volatility Grips Traders"},"content":{"rendered":"<div>\n<p><b>TL;DR<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">XRP fell 8% to $2.91, facing heavy selling as hourly volume spiked sharply.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Whales sold $28M daily, after 310M XRP were accumulated ahead of the recent rally. Exchange balances had also declined recently.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Analysts see $3.23 as key resistance and $2.80 as a crucial short-term bullish zone.<\/span><\/li>\n<\/ul>\n<h2><b>XRP Faces Sharp 24-Hour Decline<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Ripple (XRP) dropped 8% in the last 24 hours, sliding from a session high of $3.17 to a low of $2.9. The steepest move came during the midnight trading window on August 1, when the token fell 3% in one hour on 259.21 million units traded, nearly four times its usual hourly volume.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At press time, XRP trades at $2.91 with a 24-hour trading volume of $7.4 million. Over the past seven days, the token is down 5%. Its market capitalization stands at $174 billion, based on a circulating supply of 59 billion XRP.<\/span><\/p>\n<h2><b>Analyst Notes Bullish Monthly Candle<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Crypto analyst CRYPTOWZRD said the daily candle closed bearish, while the monthly candle finished strongly bullish. He explained that XRP holding above $2.80 remains a bullish area, and a push beyond $3.30 could lead to a rally toward $3.65.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">XRP Daily Technical Outlook:<a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$XRP<\/a> closed bearish. However, the Monthly candle printed strongly bullish. I\u2019ll look for more short-term volatility from here to scalp opportunities. Both Bitcoin and BTC.D will play a role \u200d<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/2642.png\" alt=\"\u2642\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/wHFIz9S24J\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/wHFIz9S24J<\/a><\/p>\n<p>\u2014 CRYPTOWZRD (@cryptoWZRD_) <a href=\"https:\/\/twitter.com\/cryptoWZRD_\/status\/1951095840925425812?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 1, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Intraday analysis shows $3.23 as a key resistance level. Trading above it could support long positions, while a drop below $3 keeps conditions bearish. The analyst expects short-term volatility, with Bitcoin and its dominance likely to guide market direction.<\/span><\/p>\n<h2><b>Market Structure and Whale Activity<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">A double bottom pattern may be <\/span><a href=\"https:\/\/cryptopotato.com\/double-bottom-alert-is-ripples-xrp-set-for-a-bullish-breakout\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">forming<\/span><\/a><span style=\"font-weight: 400;\"> as XRP bounced twice from the same support level. A confirmed break above the pattern\u2019s resistance would open the way for a new attempt at recovery.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On-chain data shows mixed whale behavior. Large holders have sold roughly $28 million worth of XRP per day over the last 90 days.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the same time, over 310 million XRP tokens, valued at nearly $1 billion, were accumulated during the recent correction as exchange balances fell, <\/span><a href=\"https:\/\/cryptopotato.com\/ripple-price-reversal-incoming-as-investors-pull-xrp-off-exchanges\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">showing<\/span><\/a><span style=\"font-weight: 400;\"> movement toward off-exchange storage.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ripples-xrp-tanks-8-in-24-hours-as-market-volatility-grips-traders\/\">Ripple\u2019s XRP Tanks 8% in 24 Hours as Market Volatility Grips Traders<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR XRP fell 8% to $2.91, facing heavy selling as hourly volume spiked sharply. Whales sold $28M daily, after 310M XRP were accumulated ahead of the recent rally. Exchange balances had also declined recently. Analysts see $3.23 as key resistance and $2.80 as a crucial short-term bullish zone. XRP Faces Sharp 24-Hour Decline Ripple (XRP) [&hellip;]<\/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-39932","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\/39932","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=39932"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39932\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}