XRP Plummets to Six-Week Low as Whale Activity Fades

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 day ago

XRP-0.721%

BNB-0.149%

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Intensified Price Retracement: XRP is currently trading at $1.33, reflecting a 14% decline since its local peak and marking a six-week low with market capitalization dropping to $82 billion, indicating a significant deterioration in market sentiment.
Decline in Whale Activity: The number of large transactions on the XRP network has plummeted from 157 to 67, a 57.3% decrease, suggesting that the market could be entering a compression phase, which reduces immediate volatility.
Surge in New Wallet Creations: Despite the price drop, XRP saw a spike of 4,300 new wallet creations in a single day earlier this week, marking the fourth-largest increase in network activity for 2026, which may signal potential market reversals.
Future Risk Warnings: Analyst CRYPTOWZRD noted that XRP closed bearish with an increasing trend in short positions, warning that if Bitcoin continues to decline, XRP could fall further to $1.30, indicating a bleak market outlook.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.164	1.233	1.301	1.37	1.439	1.508	1.577
Fibonacci	1.233	1.285	1.318	1.37	1.423	1.456	1.508

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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