The Last Stand of XRP: Will $2.65 Be Its Tomb? 🤔💥

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XRP’s rollercoaster just took a nosedive-whales are dumping $1.9B worth of tokens, and the blood is on the streets. If the $2.65 support crumbles, hold onto your hats-30% crash incoming! 🎢💸

In the shadowy world of crypto, XRP has been hanging by a thread, facing relentless assaults at the sacred $2.65 line. This little number isn’t just a random speed bump; it’s the linchpin between a miraculous bounce and total despair. And boy, the analysts aren’t sugarcoating it-they say a fall below this could wipe out nearly a third of its value. Cheers to the wolves! 🐺

Once soaring at $3.65, XRP has already plunged 19%, and its recent bounce looks about as effective as a screen door on a submarine. The uptrend might be giving its final groan.

XRP’s Final Fortress at $2.65 – Or Is It? 😱

This isn’t just some arbitrary level; it’s a battleground. Since flipping resistance into support in July, the $2.65 mark has been XRP’s last hope. It’s been tested, retested, and occasionally mocked. Think of it as the crypto version of that one stubborn brick wall-except it might be about to crumble.

update

$2.80s was first area of interest and that has been sliced through

I am watching for a bounce to come in from here down to $2.65 (where quarterly VWAP sits)

Anything below that and the chart is very damaged. Either way not what we wanted to see for any chance of a…

– Dom (@traderview2)

And what does Dom say? Well, apparently $2.65 aligns with the quarterly VWAP, which is a fancy way of saying the “price fairies” are watching. If XRP stays above, maybe-a loud maybe-some bulls can rally. But if it slips below, the rally’s got a date with doom, heading straight toward the $2 mark. Yeah, the fun just keeps coming. 🎉

Whale Woes: Big Fish Are Flipping the Table 🐋💦

The big whales? They’re not just swimming; they’re fleeing. Since July 9,-get this-over 640 million XRP tokens, worth more than $1.9 billion, have been quietly sold off. CryptoQuant’s the snitch here. And the 90-day moving average? Deeply negative. It’s like watching a giant sinker sinking faster than you can say “Panic!”

This isn’t some isolated freakout; it’s a pattern. Last year, during a rally, whales dumped XRP from $1.65 all the way to $3.27. Now, during a climb from $2.28 to $3.54, they’re doing it again. Looks like the big players are not fans of happiness-just profit-taking with a side of chaos.

Not all whale moves are set in stone, but the trend? Oh, it’s clear as mud-big investors are bailing faster than you can say “exit.”

Technical Signs Say ‘Drop the Mic’ 🎤📉

On the weekly chart, XRP’s making noise-higher highs. But lurking underneath, the RSI has been protesting since January with lower highs. Classic bearish divergence-proof that the momentum is basically catatonic. And volume? Falling faster than my enthusiasm during a market dip.

If XRP can’t defend $2.65, next stop: 20-week EMA at roughly $2.55, then perhaps the 50-week EMA around $2.06. Both look tempting, but only as temporary getaways from the inevitable. A breach of that 50-week EMA? That’s the full retrace-back to the beginning, where the rally was just a distant memory and bad coffee.

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2025-08-07 23:20