If You Sell XRP Now, Will You Regret It for the Next 42.7 Years? Read Before Clicking!

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Key Takeaways

XRP delighted the universe by sauntering past the $3 mark, probably to see what the fuss was about. Naturally, it immediately turned around and ran away, like a cheese shop owner in the face of customer demand. Now, prices sit below that hallowed level, with bears looking entirely too smug about it. Will they send prices even lower? Or will gravity finally take a tea break?

Ripple [XRP] endured what market analysts describe as “a good old walloping” following Bitcoin [BTC]’s dramatic plunge from a vertigo-inducing $119.8k. Since that fateful Monday, July 28th (possibly a Monday, definitely dramatic), BTC dropped a neat 5%—much like a misplaced decimal—and XRP thought it best to one-up with a 13.6% descent. If you’re looking for a race to the bottom, this is it. 🏁

Losing the $3 level was sort of like misplacing Buckingham Palace: hard to do, and noticeable. Bulls had thrown birthday parties at $3 not long ago, but now $3 invites you in only to slam the door and make prank calls about “fair value.” Overcoming this resistance will take either steely nerves or intergalactic luck (available for preorder, galactic shipping charges apply).

Momentum Cools (No Ice Cubes Required), Trend Still in Free-Fall 🚀⬇️

Reading the 12-hour chart is a bit like consulting a spaceship navigation manual after you’ve already launched: not reassuring. The Accumulation/Distribution line trundles downward, waving politely to sellers all the way. Meanwhile, the Awesome Oscillator (which is only occasionally awesome) cries out: “Bearish, I tell you, Bearish!”

As for the Directional Movement Index: with -DI and ADX above 20, the chart is basically holding up a neon sign saying, “Downtrend here, please mind the gap.” There’s every chance XRP could cosplay as a subterranean rodent for a bit longer before buyers dust off their wallets and remember their login details.

One scrap of hope flutters at $2.6 — a level so significant that even technical analysts stop arguing for a moment and agree. It’s got Fair Value Gaps, ancient range highs, and probably archaeological ruins of previous bullish hopes. Watch it closely, but maybe not with both eyes if you’re easily disappointed.

Can XRP Dig to $2.6 or Will It Discover Lava?

Investors, always up for a panic-fueled adventure, moved globs of XRP onto exchanges like they were auditioning for a crypto reality show. On July 23, the exodus peaked. Apparently, nothing motivates people to move coins like the whiff of selling pressure (or possibly the scent of bacon; reports unclear).

Percent Supply in Profit soared over 90%, which market historians call “a lot”. This helps explain the passionate urge to sell. Exchange net position change has quieted a bit, suggesting perhaps that some people have run out of XRP or out of adrenaline. The worst may be over, but it would be unwise to put away your crash helmet just yet.

Valuation: Not as Overcooked as Yesterday’s Pizza 🍕

The MVRV Z-Score — that magnificent squiggle loved by statistical romantics everywhere — is far below the all-time, history-shattering, choose-your-own-adventure peaks. Even after the wild $3 rally, XRP doesn’t look absurdly overvalued. There’s room for more shenanigans.

If XRP does start snooping around $2.6 again, some brave souls might see a long-term opportunity. Or an opportunity to practice their deep breathing techniques. Either way, it’s not over, not even if the fat lady is already humming a bearish tune.

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2025-08-04 00:10