CoinTR Logo
CoinTR
  1. News
  2. Analysis
  3. XRP Price Faces Critical Test as Momentum Fades

XRP Price Faces Critical Test as Momentum Fades

XRP nears all-time high, but fading momentum and holder sell-offs hint at a possible correction ahead.

XRP Price Faces Critical Test as Momentum Fades
service

XRP Price- XRP Rally at Risk as Investor Confidence Fades

XRP Price– After a strong rally, XRP is now showing signs of weakness, with investor enthusiasm cooling off rapidly. Trading at $3.50, XRP remains just 4% shy of its all-time high of $3.66—but storm clouds may be gathering.

New Investors Are Pulling Back—Fast

Over the past 48 hours, the number of new XRP wallets has plummeted from 11,058 to just 3,930. This sharp decline signals a drop in retail interest and suggests buying momentum is drying up. When new investors retreat this quickly, it often means a correction is on the horizon.

Long-Term Holders Are Starting to Sell

What’s more concerning? Long-term XRP holders (LTHs) are now turning bearish. On-chain data shows red bars on the HODLer Net Position Change metric for two consecutive days—the first selloff from LTHs in over a month.

Historically, these holders provide price stability. When they start to exit, it’s often a sign that confidence is fading, or that smart money is locking in profits before a downturn.

CoinTR

Key Levels to Watch: $3.38 and $3.00

XRP must hold support at $3.38 to avoid further losses. If that level breaks, downside pressure could push the price down to $3.00, wiping out recent gains.

However, if buyers step in and sentiment flips, XRP could stabilize and retest $3.66. A successful breakout could send the altcoin to a new ATH at $3.80, invalidating the bearish thesis.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.

XRP Price Faces Critical Test as Momentum Fades

XRP Price Faces Critical Test as Momentum Fades
Comment

Your email address will not be published. Required fields are marked *

Login

To enjoy Crypto Data Space privileges, log in or create an account now, and it's completely free!