XRP falls below $ 3 as whales distribute and network activity falls

The main dishes to remember:

  • XRP’s inability to maintain 3 points at a risk of continuous decrease at $ 2.40 to $ 2.00.

  • The whales continue to sell XRP.

  • The drop in daily active addresses signal reduces transaction activity and liquidity.

The XRP price (XRP) flashes warning panels below $ 3 as the downside technical models emerge on its daily graphic, coinciding with whale sales and the drop in network activity.

XRP price graphics refer to more drawbacks

The XRP price has formed a triangle model descending on its daily graphic from its $ 3.66 rally in multi -year summits, characterized by a level of flat support and a downward resistance line.

The recent escape over the upper trend line of the triangle was a false while the bulls had trouble maintaining the price above $ 3, signaling a lack of force.

In relation: The XRP reserves increased by 1.2b in one day: is it an accumulation or signs of sale?

Therefore, not recovering $ 3 soon, where the 50 -day SMA is, could sink the XRP / USDT pair with the next support at $ 2.70.

Further on, the following levels to be monitored are the 200 -day SMA at $ 2.50 and, later, the target drop target at around $ 2.06, down 31% compared to current price levels.

XRP / USD daily table. Source: Cointelegraph /Tradingview

In addition, the analysis of XRP descending triangles is accompanied by a flag of bear on the same period of time, which warns against a possible drop up to $ 2.40, after the $ 3 support was lost.

XRP / USD daily table. Source: Cointelegraph /Tradingview

As Cintelelegraph indicated, if the price recovers $ 3, buyers will try to resume the upward trend by pushing the XRP above the upper limit of the flag at $ 3.20. If they do this, the XRP price could go back to $ 3.40 and then $ 3.66.

Whales unload XRP at $ 3

Onchain’s data show that major investors reserved profits during the last rally at $ 3.10.

The metric for the distribution of the offer shows a sharp drop in the offer held by entities with a balance of 1 to 10 million. These addresses now have 6.79 billion XRP, marking a six -week lower.

The graph below shows that these whales have unloaded more than 160 million XRP tokens worth more than $ 476 million at current prices in the past two weeks.

This stresses that large investors probably predict lower prices in the near future despite the imminent ETF approvals and Fed rate reductions.

Distribution of XRP power supply. Source: Santiment

Meanwhile, a significant increase in XRP exchange reserves adds to the opposite winds, reveals Glassnod data.

The graph below shows that the XRP balance on exchanges increased by 665 million tokens to 3.94 billion Monday against 3.3 billion on August 27, increasing the available offer for sale.

XRP reserve on exchanges. Source: Glassnode

Activity of the large XRP book in decline

The large XRP book has experienced a significant drop in network activity in the past two months. The crypto -free Onchain data show that daily active addresses (DAAS) are well below the July 18 peak of 50,482 DAAS.

With only around 21,000 daily active addresses at the time of writing, user transactions have decreased considerably, which can point out a reduction in interest or a lack of confidence in the short -term perspectives of XRP.

XRP daily active addresses. Source: cryptocurrency

New addresses have also dropped a summit of 11,000 per day in 2025 to the current number of 4,300 over the same period, suggesting a drop in the adoption of the network and user engagement.

Historically, the drop in network activity generally signals stagnation or reduction in upcoming prices, because a lower transaction volume reduces liquidity and the purchase of dynamics.

This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.