XRP Price Battles Under $3 Barrier as Futures Interest Plummets and Whales Unload 440 Million Tokens

XRP faces mounting pressure as institutional interest evaporates and major holders execute massive sell-offs.

The Whale Exodus

Market movers dump 440 million tokens in coordinated selling spree—creating overhead resistance that threatens to cap any near-term recovery. Futures markets mirror the pessimism with open interest collapsing faster than a crypto influencer's credibility.

Technical Breakdown

That stubborn $3 psychological level continues to repel bullish attempts, leaving traders wondering if regulatory clarity alone can overcome this fundamental weakness. The token struggles to maintain momentum while traditional finance skeptics nod knowingly from their leather chairs.

Market Reality Check

Sometimes the market needs a reminder that not every digital asset deserves moon-boy enthusiasm—especially when whales vote with their wallets and futures traders head for the exits. The real test comes when speculative fever meets cold, hard tokenomics.

Key Levels to Watch for the XRP Price: $2.68 or $3.15 Decide the Next Leg

Technically, XRP is compressing inside a descending triangle, making $2.68–$2.70 the pivotal shelf. Veteran traders warn that a weekly close below $2.687 could open a measured MOVE toward $2.22 (roughly –20% from current prices).

Immediate resistance sits at $2.92–$3.00; above that, $3.15 is the line that WOULD invalidate the bearish pattern and shift targets to $3.60–$4.50.

In the NEAR term, watch for:

• Spot-led bids and declining funding on bounces (healthier than leverage-driven pops).
• Exchange reserve inflections (a downturn would ease sell pressure).
• Open interest rebuilding without overcrowded longs.

With futures interest easing and whales distributing, risk remains skewed to the downside while XRP holds below $3.00. Bulls need a clean, high-volume reclaim of $3.00–$3.15 to flip momentum; otherwise, a $2.70 retest, and potentially $2.22 on a breakdown, stays in play.

Cover image from ChatGPT, XRPUSD on Tradingview