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XRP price is testing a critical $2.00 support after heavy whale selling and a descending-triangle pattern; if $2.00 holds, a short-term rebound toward $2.72 is possible, but sustained selling of 2.23 billion XRP increases the risk of a breakdown.
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XRP faces immediate risk if the $2.00 support breaks, given a descending-triangle setup.
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On-chain data shows over 2.23 billion XRP sold by large holders since Friday, amplifying bearish pressure.
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Short-term recovery is possible if volume stabilizes and buyers defend $2.00; $2.72 remains the next resistance.
XRP price drops amid heavy whale selling and volatility; monitor $2.00 support closely for rebound signs — learn how to track on-chain flows today.
XRP struggles amid rising whale activity and market volatility, testing critical support levels at $2.00 for potential rebound or further decline.
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Published: 2025-10-14 | Updated: 2025-10-14
What is driving the XRP price decline?
XRP price has been pressured by a combination of technical weakness and concentrated whale selling. A descending-triangle pattern, falling volume and the reported sale of over 2.23 billion XRP by large holders have created a near-term bearish bias while leaving $2.00 as a key support to watch.
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How is whale activity affecting XRP and market liquidity?
On-chain trackers indicate substantial distribution from large wallets beginning late last week. The reported outflow of 2.23 billion XRP reduced available liquidity and coincided with a surge in sell-side orders. Trading indicators show a dominant Taker Sell imbalance in Spot Taker CVD, which means sellers have been more aggressive than buyers. Technical charts on TradingView reflect a descending-triangle formation with repeated rejections at the descending trendline and declining volume — conditions that historically increase the probability of a downside break. Coinotag analysis notes that while historical rebounds from near $2.00 are possible, sustained selling at these levels would likely push XRP lower before any clear recovery can form.
Source: TradingView
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Frequently Asked Questions
Can XRP hold the $2.00 support after the 2.23 billion token sell-off?
Maintaining the $2.00 support is critical. If large holders pause selling and spot buy-side volume returns, XRP could stage a short-term recovery toward $2.72. Conversely, continued distribution by whales and weaker volume would likely result in a decisive breakdown and further downside pressure.
Is XRP likely to rebound soon?
In plain language: a rebound is possible but not guaranteed. XRP needs sustained buying interest around $2.00 and improved volume. Watch on-chain inflows and taker imbalance metrics for early confirmation of a recovery.
Key Takeaways
- Technical risk: A descending-triangle pattern with lower highs signals an elevated chance of a breakdown if support fails.
- Whale distribution: Over 2.23 billion XRP sold by large holders has increased bearish pressure and reduced near-term liquidity.
- Actionable monitoring: Track $2.00 support, Spot Taker CVD, and short-term volume; defensive positions or scaled entries are prudent until signs of sustained buying appear.
Conclusion
XRP price faces a clear test at the $2.00 level after concentrated whale selling and a descending-triangle technical structure. Objective on-chain figures and chart patterns support a cautious stance: if $2.00 holds, a retest of $2.72 is feasible; if it breaks, downside risk increases materially. Coinotag recommends monitoring on-chain distribution data, Spot Taker CVD, and trading volume for confirmation before adjusting exposure. Author: COINOTAG — reporting and analysis based on TradingView charts and public blockchain data.
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Source: https://en.coinotag.com/xrp-could-break-down-from-descending-triangle-testing-2-00-support-amid-heavy-whale-selling/
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