Sep 26, 2025

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XRP Falls 5.83% Amid Heavy Selling, Market Value Drops $18B

XRP experienced a significant price decline on September 25, with a sharp drop from $2.92 to $2.75 due to heavy selling pressure.

Key Points

XRP's value decreased by 5.83% during the session from September 25-26, triggered by institutional selling.
A volume spike of 276.77 million at 17:00 led to a rejection at the $2.80 level, more than doubling the 24-hour average volume.
The SEC's approval of the first U.S. XRP ETF was overshadowed by concerns over valuations and rising Treasury yields.
XRP's market value dropped by $18.94 billion over the week, falling below the $3.00 mark.

Price Action Summary

XRP traded within a 6.3% range between $2.92 and $2.74, closing near $2.75.
Selling pressure intensified post-rejection at $2.80, establishing a distribution zone limiting further gains.
Recovery attempts faced resistance around $2.81-$2.82.
A brief bounce of 1.09% occurred in the final hour from $2.75 to $2.78.
Short-term support is at $2.75–$2.77, with potential risk down to $2.70 if breached.

Technical Analysis

Price Range: $0.18 (6.3%) between $2.92 high and $2.74 low.
Resistance formed at $2.80, with additional clusters at $2.81–$2.82.
Support observed at $2.75, with the next psychological level at $2.70.
A significant volume of 276.77M was noted at 17:00 compared to the daily average of 108.42M.
High-volume rejection suggests distribution; consolidation near $2.77 indicates indecision.

Market Considerations

Traders are monitoring if the $2.75 support will hold or if it will breach towards $2.70.
ETF optimism is being weighed against real money outflows with a potential "sell-the-news" pattern.
Recent whale movements involving $800M could influence market positioning if selling persists.
Macro factors such as Powell's hawkish stance and rising Treasury yields impact the market outlook.