{"id":48946,"date":"2025-09-23T04:46:37","date_gmt":"2025-09-23T04:46:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=48946"},"modified":"2025-09-23T04:46:37","modified_gmt":"2025-09-23T04:46:37","slug":"xrp-forms-downtrend-channel-after-etf-selloff-next-target-2-75","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=48946","title":{"rendered":"XRP Forms Downtrend Channel After ETF Selloff, Next Target $2.75"},"content":{"rendered":"<div>\n<p>XRP collapsed in one of its heaviest trading days of 2025, tumbling nearly 5% as institutions unloaded into the REX-Osprey ETF debut. <\/p>\n<p>The sell-the-news dynamic erased $11 billion in market value and left the token fighting to defend critical $2.77 support.<\/p>\n<h2>News Background<\/h2>\n<\/p>\n<p>\u2022 Inaugural U.S. XRP ETF (REX-Osprey) posted record $37.7 million first-day volume, the largest ETF launch of 2025.<br \/>\u2022 Whale wallets moved $812 million in tokens between unknown addresses during the session.<br \/>\u2022 Crypto derivatives saw $1.7 billion in liquidations, with 90% coming from long positions.<br \/>\u2022 Fed policy pivot looms: September inflation cooled to 2.18%, with markets pricing a 50 bps cut before year-end.<br \/>\u2022 Bitcoin dominance surged to 57.7% as capital rotated away from altcoins.<\/p>\n<h2>Price Action Summary<\/h2>\n<\/p>\n<p>\u2022 XRP crashed from $2.87 to $2.77 in a 24-hour span (Sep 22 03:00\u2013Sep 23 02:00 GMT), a 4.9% drop across a $0.14 range.<br \/>\u2022 Flash crash at 06:00 GMT saw price plunge from $2.87 to $2.77 on 656.1M volume (6x daily avg of 105M).<br \/>\u2022 Resistance hardened at $2.87 during repeated intraday rejection.<br \/>\u2022 Recovery peaked at $2.86 by 13:00 GMT before stalling.<br \/>\u2022 Afternoon consolidation held $2.83\u2013$2.87 before sellers regained control.<br \/>\u2022 Final hour decline took price from $2.85 to $2.83 (-0.7%), leaving XRP at $2.83 close.<\/p>\n<h2>Technical Analysis<\/h2>\n<p>\u2022 Support: $2.77 critical floor from flash crash; secondary level $2.82 flagged for retest.<br \/>\u2022 Resistance: Heavy supply zone at $2.87, with lower highs forming downtrend channel.<br \/>\u2022 Volume: 656.1M in crash vs 105M avg confirms institutional dumping.<br \/>\u2022 Trend: Lower highs at $2.856 and lower lows at $2.83 establish short-term bearish channel.<br \/>\u2022 Indicators: Momentum skewed bearish, with breakdown risk toward $2.75\u2013$2.70 if $2.82 fails.<\/p>\n<h2>What Traders Are Watching<\/h2>\n<p>\u2022 Can $2.77 support survive a second test after the flash crash?<br \/>\u2022 ETF flows: Will day-two demand stabilize price or confirm a sell-the-news event?<br \/>\u2022 Whale wallet behavior after $812M moved during session.<br \/>\u2022 Fed\u2019s rate cut path and its impact on dollar liquidity.<br \/>\u2022 BTC dominance at 57.7% \u2014 rotation pressure on altcoins likely persists.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP collapsed in one of its heaviest trading days of 2025, tumbling nearly 5% as institutions unloaded into the REX-Osprey ETF debut. The sell-the-news dynamic erased $11 billion in market value and left the token fighting to defend critical $2.77 support. News Background \u2022 Inaugural U.S. XRP ETF (REX-Osprey) posted record $37.7 million first-day volume, [&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-48946","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\/48946","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=48946"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/48946\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}