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$XRP Faces $3 Price Risk: Why It’s Lagging Behind

$XRP has been one of the worst-performing top cryptocurrencies this week, dropping as much as 13.5% while Bitcoin (BTC) and Ethereum (ETH) saw milder declines of 2.25% and 0.50%, respectively.

Here’s why XRP is under pressure:

🔍 Key Takeaways:

• Profit-Taking Surge: Over 93% of XRP supply is in profit, hitting 93.24% when prices peaked at $3.60 (Glassnode). Historically, spikes above 90% signal price tops as holders cash out.

• Whale Moves: Ripple co-founder Chris Larsen reportedly moved $175M in XRP, with $140M hitting exchanges, sparking fears of selling and shaking market confidence.

• Price Correction: XRP is drifting toward its realized price range of $2.30–$2.80 for short-term holders (1-week to 3-month), down from a $3.66 peak, triggering panic selling.

• Market Context: XRP’s 10% weekly drop outperforms only volatile memecoins like Dogecoin (-20%) and Fartcoin (-35%).

📊 XRP’s $3 level is at risk as profit-taking and whale activity amplify downside pressure. Will it hold, or is a further drop to $2.30–$2.80 imminent?