XRP Whale Flows Turn Negative, Is $3 Support Level At Risk?

XRP price is under pressure again as large holders, often referred to as whales, begin to move their tokens out of long-held positions.

The $3 level, which has served as a solid base in recent weeks, may soon be tested.

This shift in XRP whale activity is drawing attention and raising questions about the current strength of the market.

XRP Whale Outflows Raise Fresh Stability Concerns

According to CryptoQuant, flows from large XRP wallets have dropped sharply. This reflects a pattern of outflows that is starting to mirror what was seen earlier this year.

XRP Whale Flows | Source: CryptoQuant

At that time, between January and February, steady selling from whales led to a local XRP price top, followed by a correction.

Now, data from The Enigma Trader shows the 90-day moving average of whale flows has turned negative again. In simple terms, more XRP is leaving major wallets than entering.

Notably, the current move is not as sharp as before, but the direction is the same, and that in itself can be telling.

So far, there is no sign that whales are starting to buy again. Market watchers say that unless we begin to see daily inflows of over five million XRP into these wallets, price momentum may remain weak.

Whale flows often act as a signal for broader market direction. When experienced investors pull back, other traders tend to follow.

It is important to mention that this does not always mean a crash is near, but it does suggest that support at $3 is at risk.

If the outflows continue and buying pressure remains low, the XRP price could slip below that key level. The mood may shift quickly without signs of strength from big players or XRP whales.

Away from the charts, some positive developments are taking shape. SBI Holdings, one of Japan’s top financial firms, plans to include XRP in its upcoming crypto ETFs.

This move would give traditional investors a regulated way to gain exposure to XRP price and might help support demand over time.

XRP Price Recovery Signaled From Chart Patterns

It is worth noting that not all the signals are negative. Some chart watchers still believe XRP price has room to move higher if it can hold firm.

On the 4-hour chart, analyst EGRAG CRYPTO pointed to a possible double bottom forming. This pattern is often seen before a trend reversal, and if confirmed, it may trigger a short-term bounce.

XRP Price Analysis | Source: EGRAG CRYPTO

At the same time, Crypto Cred, another widely followed analyst, pointed out an ascending triangle formation on the daily chart.

This structure appears when price action forms higher lows while facing steady resistance. He noted that the resistance point is now around $3.66.

If XRP price breaks above that line, he said it could open the door for a push toward $5. He also reminded followers that a similar pattern formed in July before XRP gained over 40%.

That historical move is now being used by some traders as a guide, although market conditions today are clearly different.

XRP Expectations to Watch

XRP price still traded above $3 while writing. While some technical indicators offer hope, the lack of support from XRP whales and weaker sentiment suggest caution is needed.

The next few days will be important. Either buyers step in and break resistance, or the price may fall back toward lower support levels.

In other updates, XRP holders now have easier access to DeFi thanks to Flare Network’s new Luminite wallet. This new tool arrives at a time when Ripple is still facing resistance from U.S. regulators.

As previously reported, 42 banks have opposed Ripple’s application for a banking license, raising concerns around financial stability and fiduciary obligations.

For XRP price, the technical, fundamental, and regulatory landscapes remain closely linked. All eyes now turn to XRP whale activity and price action near the $3 mark.

The post XRP Whale Flows Turn Negative, Is $3 Support Level At Risk? appeared first on The Coin Republic.

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