{"id":41639,"date":"2025-08-12T05:16:46","date_gmt":"2025-08-12T05:16:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41639"},"modified":"2025-08-12T05:16:46","modified_gmt":"2025-08-12T05:16:46","slug":"ripple-sec-rally-cools-as-xrp-drops-2-on-heavy-profit-taking","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41639","title":{"rendered":"Ripple-SEC Rally Cools as XRP Drops 2% on Heavy Profit-Taking"},"content":{"rendered":"<div>\n<h2>Technical Analysis Overview<\/h2>\n<p>XRP drops 2% in the 24-hour period ending August 12, sliding from $3.19 to $3.14 after touching an intraday peak of $3.32 at 08:00. The move comes after two days of double-digit gains on regulatory clarity, with selling pressure concentrated in the 19:00 hour \u2014 a $3.20 to $3.15 drop on 73.87 million volume.<\/p>\n<p>Support holds at $3.13 after multiple successful tests, while resistance builds at $3.27, setting a defined near-term range. Final-hour trade sees a bounce from $3.13 to $3.14 on late buying, with volume spikes of 3.21M and 4.45M signaling dip-buying interest.<\/p>\n<h2>News Background<\/h2>\n<p>Ripple Labs and the Securities and Exchange Commission have formally ended their nearly five-year legal battle, jointly dismissing appeals in the XRP case. The settlement removes a significant compliance overhang, unlocking greater institutional participation. Daily trading volumes have jumped 208% to $12.4B since the announcement, with open interest also climbing.<\/p>\n<p>Despite the legal breakthrough, broader crypto sentiment remains tied to macro factors, including ongoing international trade disputes and shifting monetary policy expectations.<\/p>\n<h2>Price Action Summary<\/h2>\n<p>\u2022 XRP declines from $3.19 to $3.14 in the August 11 01:00\u2013August 12 00:00 window<br \/>\u2022 Intraday peak of $3.32 at 08:00 meets heavy resistance, triggering selloff<br \/>\u2022 19:00 hour sees $3.20 to $3.15 drop on 73.87M volume \u2014 session\u2019s heaviest print<br \/>\u2022 Support confirmed at $3.13; resistance locked at $3.27<\/p>\n<h2>Market Analysis and Economic Factors<\/h2>\n<p>The pullback reflects natural profit-taking after XRP\u2019s post-settlement rally. Large holders appear to be rebalancing positions while maintaining bids at $3.13-$3.15, indicating no deterioration in longer-term sentiment. Macro uncertainty continues to influence broader flows, though XRP\u2019s regulatory clarity gives it relative insulation versus peers.<\/p>\n<h2>Technical Indicators Analysis<\/h2>\n<p>\u2022 Support: $3.13 (multiple volume-backed tests)<br \/>\u2022 Resistance: $3.27-$3.32 (repeated rejection)<br \/>\u2022 Intraday range: $0.19 (6% volatility)<br \/>\u2022 Heavy 19:00 volume suggests coordinated institutional selling<br \/>\u2022 Late-session accumulation keeps price above $3.13<\/p>\n<h2>What Traders Are Watching<\/h2>\n<p>\u2022 Breakout potential above $3.27 to resume upward momentum<br \/>\u2022 Stability of $3.13 support on further profit-taking waves<br \/>\u2022 Persistence of institutional inflows post-regulatory settlement<br \/>\u2022 Macro spillover effects from trade and monetary policy developments<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Technical Analysis Overview XRP drops 2% in the 24-hour period ending August 12, sliding from $3.19 to $3.14 after touching an intraday peak of $3.32 at 08:00. The move comes after two days of double-digit gains on regulatory clarity, with selling pressure concentrated in the 19:00 hour \u2014 a $3.20 to $3.15 drop on 73.87 [&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-41639","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\/41639","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=41639"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41639\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}