{"id":309468,"date":"2025-08-01T14:29:14","date_gmt":"2025-08-01T14:29:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/309468\/"},"modified":"2025-08-01T14:29:14","modified_gmt":"2025-08-01T14:29:14","slug":"xrp-sell-off-pushes-price-below-3-is-the-rally-over","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/309468\/","title":{"rendered":"XRP sell-off pushes price below $3 – Is the rally over?"},"content":{"rendered":"

\t\t\t\t\t\t\t\tKey takeaways<\/p>\n

XRP\u2019s fall below $3 followed a failed breakout attempt and heavy selling pressure from both retail and large holders. On-chain data suggests the move was driven by profit-taking rather than panic. XRP may face further downside unless buying interest returns.<\/p>\n

Ripple [XRP]<\/a> has fallen below the $3 mark after struggling to break past a key resistance level. A sudden surge in selling has sparked fresh concerns about fading strength and the chance of more losses ahead.<\/p>\n

\"XRP<\/a><\/p>\n

Source: CoinMarketCap<\/p>\n

Momentum breaks down<\/strong><\/p>\n

XRP\u2019s drop from its local high near $3.15 began with a clear shift in momentum. The RSI plunged to oversold territory at 29, at press time, pointing to strong bearish pressure with little relief.<\/p>\n

Simultaneously, the OBV showed a steep decline, a sign of aggressive selling and a drop in cumulative buying interest.<\/p>\n

\"xrp<\/a><\/p>\n

Source: TradingView<\/p>\n

All this put together shows that sellers are in firm control. Unless demand returns quickly, XRP risks further declines below $2.90 as short-term support looks increasingly fragile.<\/p>\n

Heavy liquidations hint at bull trap<\/strong><\/p>\n

The Binance liquidation heatmap showed intense activity<\/a> just above the $3.20 level, where leverage stacked up before a sharp downturn.<\/p>\n

This cluster indicates that many long positions were perhaps caught off-guard and flushed out as the price reversed.<\/p>\n

\"XRP<\/a><\/p>\n

Source: CoinGlass<\/p>\n

The heavy liquidation zone suggests $3.20 acted as a bull trap, attracting leveraged traders before triggering a cascade of forced sell-offs.<\/p>\n

As price dipped below $3, the absence of significant liquidation support zones hint at weak bullish defense.<\/p>\n

Profit taking, not panic<\/strong>
\n\"xrp<\/a><\/p>\n

Source: Cryptoquant<\/p>\n

\t\t\t\t\t\t\t\t\t\t\tNext: Why is crypto down today? \u2013 Inflation, tariff fears & more\u2026<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Key takeaways XRP\u2019s fall below $3 followed a failed breakout attempt and heavy selling pressure from both retail…\n","protected":false},"author":2,"featured_media":309469,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-309468","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114953988845970459","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/309468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=309468"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/309468\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/309469"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=309468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=309468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=309468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}