Key Takeaways
XRP price falls about 4% to $2.13 amid broader crypto market weakness
Whale divergence persists as large holders reduce flows while retail activity rises
ETF outflows near $40M signal cooling institutional interest
Market Pullback Pressures XRP Price
XRP declined to around $2.13, underperforming the broader crypto market’s 1.18% dip.
The drop followed a risk-off shift ahead of U.S. jobs data, with total crypto liquidations near $477M.
Bitcoin and Ethereum also retreated, reinforcing short-term caution across digital assets.
ETF data added pressure, as XRP ETF outflows of about $40M marked a rare pause in recent inflows.
Whale Activity Shows Divergence
On-chain data highlights a whale divergence.
Large holders still account for roughly 60% of recent Binance inflows, but this share has declined from earlier peaks near 70%.
This reduction suggests easing large-holder distribution, a medium-term stabilizing signal.
At the same time, retail participation rose to nearly 40% of exchange inflows, increasing short-term volatility.
Technical Levels Define The Battle Zone
From a technical viewpoint, XRP failed to sustain a move above the $2.41 Fibonacci swing high, triggering profit-taking.
Price is now hovering near the 50-day Exponential Moving Average at $2.07, a key trend reference.
The RSI near 54 shows bullish momentum cooling but not fully exhausted.
Shorter-term moving averages remain clustered between $2.03–$2.09, while longer-term averages near $2.22–$2.34 continue to cap upside attempts.
Derivatives And Sentiment Cool Further
Derivatives data reflects declining participation.
Futures open interest fell to about $4.26B, down sharply from earlier levels above $5.5B, signaling reduced speculative confidence.
The Fear & Greed Index near 28 underscores growing caution.
Historically, XRP struggles to trend higher when sentiment weakens alongside falling derivatives activity.
Outlook: Stabilization Or Further Weakness?
The near-term XRP forecast depends on holding the $2.07–$2.00 zone.
A sustained move below this area could expose lower historical supports near $1.77–$1.61.
On the upside, reclaiming levels above $2.22 and eventually $2.40 would help restore confidence.
