XRP’s price action has hit a significant roadblock as massive selling pressure stalls momentum near the critical $2.47 VWAP level. According to respected crypto analyst Dom (@traderview2), the latest rally attempt faces substantial headwinds from what appears to be coordinated selling activity across major exchanges.
Market Analysis: XRP Under Pressure Despite Bitcoin Strength
The current XRP/USDT trading pair shows concerning signs of weakness, with the price hovering at $2.36 after failing to breach the all-time high VWAP resistance. This technical barrier, which traces back to XRP’s April 2021 peak, has consistently rejected price advances since mid-May 2025.
While Bitcoin continues showing strength near $110,000, XRP’s correlation with the leading cryptocurrency has provided little support, as fresh selling pressure emerges with each attempted rally.
Critical Support Levels Under Threat
The data reveals concerning outflows across spot venues:
- 240 million XRP net outflow in the past week
- 180 million XRP sold on Coinbase and Upbit
- Monthly VWAP support at $2.31 showing strain
- Quarterly VWAP support at $2.28 becoming critical
Technical Outlook and Price Targets
The immediate technical landscape presents two critical scenarios:
| Scenario | Target Level | Catalyst Required |
|---|---|---|
| Bullish Break | $3.00+ | Reclaim of ATH VWAP ($2.47) |
| Bearish Break | Below $2.00 | Loss of $2.20 support |
Market Impact and Trading Volume
The selling pressure has manifested in significant market statistics:
- 2.08% intraday gain despite resistance
- Heavy resistance at $2.47 VWAP level
- Binance showing neutral flow patterns
- Passive buyers struggling to absorb selling pressure
FAQ: XRP Price Action
What’s causing the current XRP selling pressure?
Large spot market outflows totaling 240 million XRP across exchanges, with concentrated selling on Coinbase and Upbit.
Where are the key support levels for XRP?
Critical support exists at the monthly VWAP ($2.31) and quarterly VWAP ($2.28), with $2.20 representing a crucial breakdown level.
What’s the relationship between Bitcoin and XRP price action?
Despite Bitcoin’s strength, XRP is showing independent weakness, with sellers overwhelming any positive correlation effects.
Conclusion: Market at Critical Juncture
XRP stands at a technical crossroads, with the outcome likely to determine the medium-term trend. Traders should monitor the $2.31-2.33 support zone closely, as a breach could trigger accelerated selling toward $2.20. Conversely, reclaiming the ATH VWAP could reignite bullish momentum toward $3.00.