XRP drops 19% in 3 weeks, now facing critical support at $2.65.
Whale wallets have offloaded 640 million XRP since July 9, signaling major distribution pressure.
$2.65 aligns with VWAP and 50% Fibonacci retracement — a break below may trigger a full retrace to $2.00.
XRP Price Nears Key Support as Correction Deepens
$XRP is under mounting technical and on-chain pressure after falling nearly 19% from its 2025 high of $3.65 reached on July 18. As of Monday, XRP is trading around $2.99, but struggles to reclaim the $3.10–$3.00 resistance zone — a level now acting as a major barrier to recovery.
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