Here’s Why XRP Price Is Crashing Today

XRP entered September on a negative note, falling to around $2.72 after losing a key level of ￰0￱ drop comes after a series of declines in August that weakened its technical structure and left traders ￰1￱ efforts to regain momentum, XRP’s inability to hold above $2.85 has introduced further uncertainty, and its 4.6% 24-hour decline has pushed it down to 4th place in the market rankings. A Difficult Start to September Throughout August, XRP repeatedly tested critical price floors, with $2.85 to $2.9 serving as an important ￰2￱ the end of the month, those levels had been breached, and today’s decline below $2.8 confirmed a deeper ￰3￱ analysts have pointed to this failure to maintain support as an indication of fading bullish ￰4￱ have also spotted a bearish divergence that began forming after the asset hit its all-time high of $3.65 in ￰5￱ pattern continued forming through August, and XRP’s inability to maintain the $2.9 level has opened the door to declines targeting $2.75, which it has breached, $2.62, and $2.55.

The asset’s decline is also occurring against a backdrop of weaker conditions across the cryptocurrency ￰6￱ and Ethereum both recorded slight declines on September 1, reinforcing the narrative of a “Red September” that has historically been difficult for digital ￰7￱ seasonal weakness is compounding XRP’s individual technical challenges, keeping sentiment ￰8￱ XRP Keep Falling? Some analysts have recently suggested that XRP could be nearing the end of its latest bullish ￰9￱ formation of a head and shoulders pattern in late August has further contributed to expectations of additional downside, as this formation is commonly associated with trend ￰10￱ with the repeated inability to clear the $3 threshold in late August, the appearance of this pattern has reinforced concerns that the recent cycle may be running out of ￰11￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Whale Activity Provides a Counterpoint Despite these setbacks, data indicate that large XRP holders have been actively accumulating ￰12￱ Martinez (@ali_charts), a well-respected analyst, recently revealed that whales accumulated 340 million XRP over the last two weeks, signaling confidence in the asset’s long-term ￰13￱ have also shared bullish expectations for ￰14￱ the whale accumulation has not been enough to offset the immediate price decline, it suggests that significant investors continue to see value at current ￰15￱ XRP’s price is currently under pressure, several analysts remain confident that a recovery is possible once the market stabilizes, warning investors to stop selling, as they might lose out once the reversal ￰16￱ : This content is meant to inform and should not be considered financial ￰17￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰18￱ are advised to conduct thorough research before making any investment ￰19￱ action taken by the reader is strictly at their own ￰20￱ Tabloid is not responsible for any financial ￰21￱ us on X , Facebook , Telegram , and Google News