XRP is facing a excessive crisis of self belief, pushed by aggressive selling from its perfect holders. On-chain analyst Ali Martinez printed that XRP whales maintain offloaded nearly 470 million tokens in only the previous ten days, intensifying the selling stress that has sent the ticket tumbling 17% over the closing month.
This wide promote-off from “orderly cash” has pushed XRP below the serious $3 psychological threshold now procuring and selling at $2.89; smartly below the 20-day EMA at $3.09 and the 50-day EMA at $2.93.
Such aggressive selling from enormous holders has heightened concerns that institutional gamers are cashing out sooner than regulatory uncertainties.
470 million $XRP sold by whales in the closing 10 days! pic.twitter.com/Zc24I9omjg
— Ali (@ali_charts) August 20, 2025
SEC Delays XRP ETF Resolution Once One more time
At the side of to the market’s fright, the US Securities and Alternate Rate (SEC) has all as soon as more postponed its resolution on the Coinshares XRP ETF proposal submitted by technique of Nasdaq.
The closing date has been pushed from August 24 to October 23, with the company citing a necessity for extra time to take into tale the proposal.
CoinEdition’s file on the broader implications of the SEC extend:
SEC Delays XRP ETF Choices to October 2025, Extends Critiques for Most critical Issuers
If authorized, the ETF would provide regulated market rating entry to to XRP via Nasdaq’s Commodity-Essentially based Belief Shares framework, potentially broadening institutional participation.
XRP Designate Clings to Last Line of Defense
The technical characterize for XRP seems an increasing form of precarious. The token is currently trying out the lower boundary of a lengthy-standing ascending channel, a develop-or-destroy succor level between $2.80 and $2.85.
CoinEdition’s earlier file, XRP Fails $3.09 Resistance as Bears Try to Push XRP Designate Aid To $2.96 has been confirmed, with momentum indicators now firmly bearish.
Momentum indicators moreover lean bearish. The Relative Strength Index (RSI) sits at 42, pointing to inclined attempting to search out stress but now no longer but oversold territory.
The MACD line has crossed below the effect line, highlighting bearish momentum, while the Chaikin Money Drift (CMF) at -0.07 reflects capital outflows.
Gentle, the Balance of Vitality indicator presentations intermittent attempting to search out power, suggesting that bulls are now no longer fully absent.
For now, XRP needs to preserve its ascending channel succor around $2.80–$2.85 to prevent additional downside. A breakdown below this zone could presumably originate the door toward $2.60.
On the upside, reclaiming $3 remains the principal hurdle, with the 20-day EMA at $3.09 serving as the following resistance. A breakout above the mid-channel resistance at $3.37 could presumably re-attach bullish momentum and target the $3.70–$3.80 zone.
While non everlasting pressures from whale selling and regulatory delays weigh on XRP, the longer-time frame account could presumably shift if the SEC in the raze approves the ETF.
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