XRP Under Pressure: Can the Token Break the $3 Mark?
Date: 2025-09-25 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
Since mid-September, XRP has lost approximately 7% of its value and remains under selling pressure. Weak technical indicators and widespread selling are increasing the risk of further declines, casting doubt on the token's potential for growth in the coming days.
Glassnode data indicates that investors who held coins for 1-3 months have begun actively reducing their positions. According to Waves' HODL metric, their share of the total supply fell by 5% to 10.72% as of September 21. This category of investors is typically the most sensitive to market fluctuations and can significantly impact the price. The mass exit of short-term players is creating additional pressure and increasing the risk of a continued downtrend.
The situation is exacerbated by the actions of large holders. According to Santiment, wallet owners with between 10 million and 100 million XRP have sold off approximately 90 million tokens since September 19. This behavior typically indicates a decline in confidence in the asset's future growth. Additionally, sell-offs by "whales" could prompt retail investors to take losses, accelerating the price decline.
On the daily chart, XRP has fallen below the Ichimoku cloud, indicating a possible bearish scenario. Currently, the price remains below the indicator's key lines: $2.93 (line A) and $3.04 (line B). If buying activity doesn't intensify, the token risks a decline to $2.78, which would effectively stop its chances of gaining a foothold above $3.
However, if interest in XRP increases, the situation could change. The first step would be a return to resistance around $2.93, then to $2.99. A break above $3.04 could restore the bullish scenario and rekindle investor interest.
For now, momentum remains weak: the exit of short-term holders, sell-offs by whales, and a negative technical picture are creating obstacles to XRP's strength. To reverse the situation, the market needs new demand drivers and investor confidence. Without them, attempts to break above $3 may prove unsuccessful.
