XRP is once again at the center of crypto market debate—this time for its resilience. Despite ranking as one of the week’s worst-performing tokens, XRP has remained firmly above the $3 level, a critical psychological and technical support zone. The drop, driven by whale transfers and investor profit-taking, has cast a temporary shadow over what had been one of the best-performing digital assets in 2025.
At the time of writing, XRP is trading between $3.08 and $3.13, down roughly 10–11% over the past seven days. Yet compared to the token’s long-term consolidation and recent breakout above $3.60, bulls are still holding key territory—and eyeing the next move.
What Caused XRP’s Pullback This Week?
The short-term slump in XRP was triggered by a combination of technical and behavioral factors:
- Massive Whale Activity: Ripple co-founder Chris Larsen moved approximately $175 million in XRP across various wallets, with a significant portion sent to exchanges—suggesting liquidation.
- Profit-Taking After Multi-Month Rally: XRP had surged more than 125% over the past three months, and on-chain data showed over 93% of circulating supply in profit—a setup historically followed by market-wide selling.
- Underperformance Relative to Majors: While Bitcoin held relatively steady and Ethereum posted modest gains, XRP’s 10% slide stood out in a quiet market week.
XRP Technical Breakdown: $3 Support Holding
Despite the drop, XRP has yet to violate its crucial support:
- $3 remains intact, acting as a key floor supported by strong buy orders and historical trading ranges.
- XRP is currently hovering near its short-term realized price band of $2.80 to $3.20, indicating a stable base unless another large sell-off occurs.
- The recent peak near $3.66 now serves as short-term resistance, with bulls needing to reclaim that level to resume upward momentum.
XRP Just Did Something It Hasn’t Since 2018
This week marks the first time since 2018 that XRP has rallied above $3 and then pulled back while still maintaining that level. Historically, XRP’s price action tends to be binary—either surging to speculative highs or collapsing below major zones. That pattern appears to be changing.
- The ability to hold ground above $3 despite a large-scale sell event suggests increased stability and institutional support.
- Traders are watching whether XRP will consolidate in the $3–$3.40 range before making another attempt at $4 or beyond.
What to Watch Next
Investors and analysts are keeping a close eye on the following developments:
- Exchange Flows: Will additional large holders follow Larsen and move tokens to centralized exchanges?
- ETF Speculation: The pending regulatory decision on spot or leveraged XRP ETFs could inject new volatility.
- Market Correlation: If Bitcoin reclaims its $125K highs in August, altcoins like XRP could regain momentum.
XRP: Bottom Line
XRP’s 10% drop this week sparked headlines, but the price holding above $3 tells a different story. The correction appears to be a healthy breather after months of upward movement. Unless the $3 level fails, the long-term uptrend for XRP remains intact.
Stay tuned for further movement—especially as traders watch for another leg up in August.
🪙 Current Price: $3.11
📉 7-Day Performance: –10.4%
📆 Last Major High: $3.66
💡 Key Support: $3.00
📈 Next Resistance: $3.50–$3.66
FULL COVERAGE: XRP | Cryptocurrency Market
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