Altcoins News

Story: XRP Drops Below $2.3 Amid Selling Pressure

By MikeT

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XRP has hit a critical barrier as sellers pushed the price below the $2.3 mark, halting bullish momentum and casting doubt on the token’s ability to sustain upward movement.

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Currently, XRP is struggling to regain footing after falling below the $2.3 level, which now appears to have flipped into resistance.

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On-chain data presents a mixed picture. A closer look at activity on the XRP Ledger shows that the number of Active Addresses has been declining throughout 2025.

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Another important signal comes from XRP’s exchange reserve data. Exchange reserves on Binance have been trending lower since November 2024, a generally bullish signal suggesting…

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Despite these concerns, there are signs of strength in spot buying activity. The Spot Taker Cumulative Volume Delta (CVD), a measure of whether buyers or sellers dominate,…

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Still, traders must remain vigilant. Coinglass data from the 3-month liquidation heatmap shows a dense cluster of liquidity around the $2 level.

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A small pocket of liquidity also exists around $2.36, which could serve as a short-term magnet and draw prices upward briefly.

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If XRP continues to slide, key levels to watch are $2 and $1.95. These areas represent stronger support zones, both technically and from a liquidation standpoint.

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In summary, XRP is at a pivotal moment. The rejection at $2.3 underscores lingering bearish pressure, while on-chain indicators paint a cautious but not entirely negative picture.

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