Why is $XRP falling tonight?
XRP fell nearly 5.4%, now testing critical support at $3.10
The drop was triggered by a massive liquidation of $1B in crypto, causing a short-term technical collapse. As a result, XRP is now in a fundamental support zone between $3.10 and $3.35.
The RSI has stabilized in neutral territory (~50), but the MACD shows a slight bearish trend, although with positive momentum in the histogram—indicators that we might see consolidation before deciding direction.
Additionally, there is a background battle between long-term buyers, backed by invested whales, and strong profit-taking near recent highs—this keeps the asset in an unstable range.
Technical analysis of on-chain data suggests warning signs: reduced accumulation by short- and medium-term holders, elevated whale flows to exchanges, and divergence in the OBV indicator, pointing to weakness before a potential greater bearish trend.
What is happening with XRP?
Factor Detail
Massive liquidation $1B in crypto withdrawn from the market causing impulsive selling
Technical pressure Key support at $3.10–$3.35; facing resistance at $3.35–$3.60
Operator rotation Short/medium-term investors taking profits; whales selling to exchanges
Mixed indicators Neutral RSI, slightly bearish MACD, declining OBV
Do you consider this XRP correction as a buying opportunity or would you prefer to wait for strength signals above $3.35?
Respond with:
for buying
if you prefer to wait