Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
XRP Drops With Market as Bitcoin W
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
XRP Drops With Market as Bitcoin W
XRP Drops With Market as Bitcoin Weakness Pulls Altcoins Into Oversold Territory
XRP Drops With Market as Bitcoin Weakness Pulls Altcoins Into Oversold Territory
Technical indicators suggest oversold conditions, but a break above $1.96 is needed to reverse the current downward trend.
By Shaurya Malwa, CD Analytics
Updated Nov 22, 2025, 7:26 p.m. Published Nov 22, 2025, 7:26 p.m.
(CoinDesk Data)
What to know:
- Whale wallets sold nearly 200 million XRP, causing significant supply pressure and a drop in price.
- XRP's price fell to its lowest in three sessions, with a notable increase in trading volume indicating institutional selling.
- Technical indicators suggest oversold conditions, but a break above $1.96 is needed to reverse the current downward trend.
Technical reversal signals emerge amid extreme oversold conditions following an aggressive institutional distribution wave.
News Background
• Whale wallets dumped nearly 200 million XRP (~$400M) over 48 hours, triggering acute supply pressure
• Market-wide risk-off intensified as Bitcoin slipped below $90,000, pulling altcoins into deeper volatility
• Bitwise’s new XRP ETF posted $25.7M first-day volume and $107.6M AUM, signaling strong institutional demand
• Sentiment across majors remains fragile, with total crypto market cap still drifting under heavy outflows
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
Price Action Summary
• XRP fell from $1.96 → $1.91, marking its lowest close in three sessions
• Volume spiked 67% above average to 182.1M, confirming institutional selling
• A descending channel dominated the session with 5.1% intraday volatility
• Capitulation bottom formed at $1.895, followed by a 0.5% late-session reversal
• Final-hour volume surged to 2.76M, breaking the pattern of declining activity
Technical Analysis
XRP’s session reflected a classic distribution-driven decline followed by early-stage reversal signals. Whale selling created sustained downward pressure as major holders offloaded nearly 200M tokens, overwhelming the $1.96 resistance band and pushing XRP into a descending channel that persisted through most of the session.
Support at $1.90–$1.91 emerged as the key battleground. The psychological level attracted aggressive buying after a capitulation event at $1.895, where institutional inflows reversed the intraday trend. Momentum indicators—including RSI and short-term stochastic—flashed deep oversold conditions, creating the first bullish divergence since last week’s major breakdown.
The strong 2.76M-volume spike during the bounce suggests early accumulation behavior, contradicting the prior multi-hour decline in participation. Still, the macro structure remains fragile. Bulls must force a clean break above $1.96 to invalidate the descending channel and attempt a trend reversal. Failure to defend $1.90 would expose the chart to a fast extension toward $1.82, then $1.73.
What Traders Should Watch
• $1.90 remains the line in the sand. A close below opens the path toward October’s deep liquidity pockets
• Reclaiming $1.96 is essential to neutralize the descending channel and restore short-term bullish momentum
• ETF flows—especially Bitwise’s AUM trajectory—may provide upside catalysts if volume accelerates
• Divergences and oversold signals favor near-term bounce attempts, but whale distribution remains the dominant risk
• Market-wide fear levels remain elevated; XRP will continue to overreact to Bitcoin volatility
Trading
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
Coinbase to Add 24/7 Trading for SHIB, Bitcoin Cash, Dogecoin, and Others
The exchange plans to introduce U.S. perpetual-style futures for altcoins, settling on a five-year expiry.
What to know:
- Coinbase Markets will offer 24/7 futures trading for major altcoins starting December 5.
- The exchange plans to introduce U.S. perpetual-style futures for altcoins, settling on a five-year expiry.
- Coinbase aims to attract institutional investors by providing a compliant alternative to offshore trading venues.
Read full story
Latest Crypto News
As DATs Face Pressure, Institutions Could Soon Look to BTCFi for Their Next Strategic Shift
Coinbase to Add 24/7 Trading for SHIB, Bitcoin Cash, Dogecoin, and Others
Hobbyist Miner Beats "1 in 180 Million Odds" to Win $265K Bitcoin Block Using Just One Old ASIC
Is Strategy Stock the Preferred Hedge Against Crypto Losses? Tom Lee Thinks So
'Liquidity Crisis': $12B in DeFi Liquidity Sits Idle as 95% of Capital Goes Unused
Coinbase 'Negative Premium' at Widest Level since Q1, Signalling Weak U.S. Demand
Top Stories
Hobbyist Miner Beats "1 in 180 Million Odds" to Win $265K Bitcoin Block Using Just One Old ASIC
Is Strategy Stock the Preferred Hedge Against Crypto Losses? Tom Lee Thinks So
Turning ‘$11K to Half a Billion Dollars From Trading Memecoins’: Tales From a Crypto Wealth Manager
'Liquidity Crisis': $12B in DeFi Liquidity Sits Idle as 95% of Capital Goes Unused
Coinbase 'Negative Premium' at Widest Level since Q1, Signalling Weak U.S. Demand
Aerodrome Finance Hit by 'Front-End' Attack, Users Urged to Avoid Main Domain
Market Opportunity
XRP Price(XRP)
$2.0556
$2.0556$2.0556
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
How liver cancer took away a 7-year-old’s childhood
According to the Global Cancer Observatory, liver cancer is the fourth most common cancer in the Philippines with 12,544 new cases in 2022
Share
Rappler2026/01/18 15:34
Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.
Daily market key data review and trend analysis, produced by PANews.
Share
PANews2025/04/30 13:50
Steak ‘n Shake Says Bitcoin Stash Grew by $10 Million in Value
The post Steak ‘n Shake Says Bitcoin Stash Grew by $10 Million in Value appeared on BitcoinEthereumNews.com. Steak ‘n Shake, a fast-food restaurant chain that accepts
Share
BitcoinEthereumNews2026/01/18 15:29