XRP Price Struggles Below $3 as Futures Interest Drops and Whales Dump 440 Million Tokens

The XRP price is back under pressure, trading near $2.80–$2.83 after repeatedly failing to reclaim the $3.00 psychological ￰0￱ derivatives, momentum has cooled as the futures open interest has slipped to roughly $8.85 billion after briefly topping $9 billion, and liquidation data shows the strain on bulls, over $11 million in long positions were wiped out in a single day versus just $2.4 million for ￰1￱ RSI hovering in the high-30s/low-40s on lower time frames and MACD leaning negative, the setup favors consolidation or further downside unless spot demand meaningfully re-emerges. On-Chain Flows Turn Risk-Off as XRP Whales Distribute Under the hood, flows are skewing ￰2￱ data shows more than 320 million XRP moved onto centralized venues in the past week, pushing exchange reserves toward nine-month highs, typically a sign that holders are preparing to sell.

Similarly, whale cohorts (1–10 million XRP) have distributed about 440 million tokens over 30 days, adding supply into a soft ￰3￱ has flipped XRP for the No. 3 market-cap slot amid record BNB Chain activity, while uncertainty around ￰4￱ ETF timelines keeps XRP’s macro catalysts ￰5￱ those headwinds clear or outflows reverse, rallies into resistance are likely to meet ￰6￱ Levels to Watch for the XRP Price: $2.68 or $3.15 Decide the Next Leg Technically, XRP is compressing inside a descending triangle, making $2.68–$2.70 the pivotal ￰7￱ traders warn that a weekly close below $2.687 could open a measured move toward $2.22 (roughly –20% from current prices).

Immediate resistance sits at $2.92–$3.00; above that, $3.15 is the line that would invalidate the bearish pattern and shift targets to $3.60–$4.50. In the near term, watch for: Spot-led bids and declining funding on bounces (healthier than leverage-driven pops). Exchange reserve inflections (a downturn would ease sell pressure). Open interest rebuilding without overcrowded ￰8￱ futures interest easing and whales distributing, risk remains skewed to the downside while XRP holds below $3.00.

Bulls need a clean, high-volume reclaim of $3.00–$3.15 to flip momentum; otherwise, a $2.70 retest, and potentially $2.22 on a breakdown, stays in ￰9￱ image from ChatGPT, XRPUSD on Tradingview