Will This Crucial Support Finally Halt XRP’s Freefall as Ripple Whales Return?

TL;DR Ripple’s native token has been in an apparent downward spiral, losing over 20% of its value since its all-time high marked in ￰0￱ asset has approached a crucial support that could determine its next market ￰1￱ the same time, whales’ most recent behavior hints at recovery. XRP’s Price Future XRP, alongside the rest of the crypto market, has not enjoyed the past 10 days or ￰2￱ asset stood above $3 and even $3.1 until last Sunday when the broader market’s crash pushed it south to $2.82 within just over a ￰3￱ recovery attempt drove it to $3.08 on Wednesday, but the bears quickly reemerged and didn’t allow another leg ￰4￱ fact, there were warnings about an upcoming retracement to $2.83, which materialized on Friday.

Moreover, XRP dived further in a drop to $2.76 earlier today, which became its lowest price level since August ￰5￱ $2.76 price line has a particular significance in determining XRP’s ￰6￱ Martinez, who predicted the correction to $2.83, believes this is a crucial support level that needs to hold for the asset to remain in a bull market ￰7￱ big question now: can $XRP hold $2.76 support? ￰8￱ — Ali (@ali_charts) August 30, 2025 CRYPTOWZRD also touched upon XRP’s price moves, saying that the asset closed indecisively on the daily and is testing the same key ￰9￱ analyst noted that XRP needs to move beyond $2.94 and hold there, which would “trigger a long.” Ripple Whales Are Back These large market participants rode the XRP wave in July when the asset peaked at $3.65 with massive accumulations ahead of that rally.

However, they changed strategy in the following weeks by offloading 470,000,000 tokens in just ten days, as reported on August ￰10￱ on-chain data sound the alarm that Ripple whales had been quietly exiting the XRP market for a while, which is generally regarded as a bearish sign. However, more recent data shared by Martinez showcases another 180-degree turn by these big ￰11￱ the span of the previous two weeks, they have accumulated 340,000,000 XRP tokens, valued at over $950 million at today’s ￰12￱ is a positive sign for XRP’s future price trajectory as whales typically buy during price dips and before massive ￰13￱ have bought 340 million $XRP in the last two weeks! ￰14￱ — Ali (@ali_charts) August 31, 2025