XRP News: RP Whales Just Cashed Out 1.12 Billion XRP — Can XRP Survive the Sell-Off?

Following the massive XRP sell-off by XRP whales of 1.12 billion tokens in just 48 hours, there is very aggressive selling pressure on XRP. This substantial sell-off has added significant supply into the market, and now, many investors are uncertain and fearful regarding whether XRP will continue to retrace or regain previous price levels. After reaching a high of over $2.90 in early March, XRP has struggled to remain above $2 and has since gone below that into a clear downtrend. Given the mixed signals from the market, traders are left questioning what is next for XRP moving forward and assessing what meaning is to be gleaned from this outrageous sell-off.

XRP Whales Are Dumping—Should Investors Be Worried?

According to blockchain data, significant holders of XRP (those holding 100 million to 1 billion tokens in their wallet) began to unload a lot of their assets around March 28, which sparked a substantial XRP sell-off. It is common for whales to unload a significant amount of property, creating panic selling on the part of retail investors and driving the price lower. Of course, some do not see it as a bad thing either. Analysts think XRP, although there will be short-term volatility associated with the XRP selloff, still has plenty of long-haul growth potential. So, is this just a temporary blip, or are we witnessing the beginning of a more meaningful correction?

Where Is XRP Headed Next?

There’s a division among experts regarding XRP’s future. Some cautioned that if the price fell below key levels of support, a price drop to $1.07 could occur. Conversely, others maintain a bullish outlook and predict a massive rally to $7–$10 in the next several years. The Relative Strength Index (RSI) has been suggesting a potential bounce. However, buyers need to return with strong momentum for that to play out. With XRP caught in limbo, let’s look at some key indicators impacting its price movement.

Price Analysis and XRP Price Prediction

The trading session for XRP on 31st March 2025 began in a confined range between $2.05 and $2.10. An initial golden cross on the MACD, coupled with an oversold RSI, pushed the price toward the upper end of the range, although selling pressure curtailed a sustained breakout. Subsequent bullish signals, marked by additional golden crosses, spurred renewed upward movement, leading to the entry of an uptrend channel with new key resistance and support levels. Yet intermittent bearish indicators such as a death cross confirmed by an overbought RSI signaled persistent volatility and limited the major upside and subsequent breakout.

Chart 1, analyzed by Alokkp0608, published on April 1st, 2025. 

As seen in the chart, the key resistance and support levels stand at $2.15 and $2.06, respectively. After a brief retracement due to renewed selling pressure, bullish momentum regained strength as the golden crosses reappeared, pushing XRP towards at breakout above its key resistance level. This dynamic interplay of technical signals suggests that while short-term corrections are possible, the prevailing bullish trend may extend into subsequent sessions.

Conclusion: XRP’s Fate Hangs in the Balance as Whales Make Waves

The price of XRP is currently in a showdown between XRP whale dumping and bullish technical signals. Following the XRP whale dump of 1.12 billion tokens, the challenged market is flooded with supply, causing fears for investors. However, some analysts are still optimistic that XRP could produce significant gains later on. The golden crosses from key technical indicators (like the MACD) mean the bears’ linear rise may see a turnaround. Temporary but prolonged selling pressure is causing uncertainty in the market, even causing overbought conditions, limiting short-term gains.

Notably, as the price oscillates around key price resistance levels and support levels, by design, traders must look out for breakout signals or breakdown signals. XRP’s next price movement will be dependent on whether buying momentum can get through the sell-off. The XRP price prediction indicates that traders should monitor confirmation from signals like MACD and RSI to ascertain the subsequent course of action.