XRP's recent movements are quite interesting. During most trading sessions, the price has been fluctuating within the range of $1.8615 to $1.8700, a level that previously served as support. However, at the close, the situation changed—selling pressure suddenly surged, and the price cleanly broke through this support zone, directly entering a lower trading range. Based on this rhythm, the short-term bears are clearly in the lead.
Even more intriguing is the volume data. When the price rebounded to around $1.9061, trading volume skyrocketed to approximately 75.3 million tokens, nearly double the average daily volume. What does this indicate? It suggests that large funds did not increase their holdings during the price rise; instead, they took the opportunity to offload. Under these circumstances, the price naturally cannot move upward.
Looking at the intraday details, during the decline from $1.878 to the mid-range of $1.86, volume repeatedly increased significantly. Especially in the drop from $1.867 to $1.865, single-trade volume increased by about 2.7 million tokens. This is not just natural market fluctuation but driven by real capital pushing the price down.
To summarize the past 24 hours: XRP fell from $1.8942 to $1.8635. The resistance above still holds near $1.9061, but the support line from $1.8615 to $1.8700 has been broken, and the price is currently trading in a lower range. Overall, the intraday volatility remains moderate, with a range of about $0.0395, roughly 2.1%.
For new traders, the key point to recognize now is that XRP is facing significant short-term selling pressure, and the price is likely to continue oscillating within the lower range. Focus on the movements of support and resistance levels—if the price can regain and hold above that support zone, there may be a rebound opportunity; but if it continues to break downward, the downward pressure will persist. In any case, remember to manage your positions carefully and stay aware of risks when trading.
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WalletWhisperer
· 8h ago
The big players are dumping again, I know this routine too well.
Breaking the level is just breaking the level, nothing much to say, wait for the next support.
Doubling the trading volume and still pushing down? Clearly someone doesn't want it to stabilize, it's quite uncomfortable.
XRP is a bit fierce this time, be cautious in the short term.
Is there any support below 1.86? Feels like it's going to test lower.
The rebound was smashed out, this is the main force's routine.
When breaking the support line with such high volume, it indicates big players are running, not optimistic.
2.1% doesn't seem much, but holding the position must be painful.
With such heavy selling pressure, the rebound might be an escape route, don't be greedy.
Wait and see, entering now might be like taking a knife, better to wait for the rebound before considering.
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NftRegretMachine
· 8h ago
Whales are dumping again, this pace is really intense
Support has broken, don't expect a turnaround in the short term
I knew something was going to happen the moment trading volume surged
If 1.86 can't hold, it will continue to fall
Newcomers, don't chase highs, you really need to have risk awareness
The key level is right there, just see through it, no breakage
753 million coins dumped, small investors simply can't withstand it
This wave of operations is a textbook large-cap dump, no escape
If the lower support breaks again, I wouldn't be surprised at all
The support line is virtually useless, better to reduce your position first
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DeFiDoctor
· 8h ago
The consultation records show that XRP's recent clinical presentation is very typical—support line was broken, trading volume increased to offload, which is a symptom of capital outflow. It is recommended to regularly recheck the 1.86 support level; if it breaks, a gradual stop-loss should be implemented.
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ApeWithNoChain
· 8h ago
Large capital outflows with this tactic are really clever—sell off during rebounds. XRP has no chance in the short term.
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ChainMemeDealer
· 8h ago
The big money dump scheme has been seen through. During the rebound, anyone who dares to chase will get crushed, and it still needs to go further down.
XRP's recent movements are quite interesting. During most trading sessions, the price has been fluctuating within the range of $1.8615 to $1.8700, a level that previously served as support. However, at the close, the situation changed—selling pressure suddenly surged, and the price cleanly broke through this support zone, directly entering a lower trading range. Based on this rhythm, the short-term bears are clearly in the lead.
Even more intriguing is the volume data. When the price rebounded to around $1.9061, trading volume skyrocketed to approximately 75.3 million tokens, nearly double the average daily volume. What does this indicate? It suggests that large funds did not increase their holdings during the price rise; instead, they took the opportunity to offload. Under these circumstances, the price naturally cannot move upward.
Looking at the intraday details, during the decline from $1.878 to the mid-range of $1.86, volume repeatedly increased significantly. Especially in the drop from $1.867 to $1.865, single-trade volume increased by about 2.7 million tokens. This is not just natural market fluctuation but driven by real capital pushing the price down.
To summarize the past 24 hours: XRP fell from $1.8942 to $1.8635. The resistance above still holds near $1.9061, but the support line from $1.8615 to $1.8700 has been broken, and the price is currently trading in a lower range. Overall, the intraday volatility remains moderate, with a range of about $0.0395, roughly 2.1%.
For new traders, the key point to recognize now is that XRP is facing significant short-term selling pressure, and the price is likely to continue oscillating within the lower range. Focus on the movements of support and resistance levels—if the price can regain and hold above that support zone, there may be a rebound opportunity; but if it continues to break downward, the downward pressure will persist. In any case, remember to manage your positions carefully and stay aware of risks when trading.