XRP Sell Pressure Emerges as Ripple Linked Token Fails to Sustain $2.12 Break

AI Summary5 min read

TL;DR

XRP's trading volume surged 38% due to institutional activity but failed to sustain a breakout above $2.12, indicating sell pressure from large holders. The token underperformed the broader crypto market, with resistance at $2.17 requiring volume validation for a bullish shift.

Key Takeaways

  • XRP's trading volume spiked 38% above weekly norms, driven by institutional activity, yet it lagged behind the broader crypto market rally.
  • The token briefly reached $2.17 but failed to hold above $2.12, suggesting large holders are selling rather than accumulating, creating strong resistance.
  • Technical analysis shows a range between $2.083 and $2.17, with neutral-to-bearish bias until XRP breaks $2.17 with confirmed volume.
  • Short-term direction depends on holding $2.09 support; a breakdown could target $2.05 or $2.00, while upside requires reclaiming $2.12 and $2.17.
  • Institutional participation appears focused on liquidity harvesting during volatility, not accumulation, indicating continued sell pressure unless market dynamics shift.

Tags

XRPcryptocurrencytrading volumeresistance levelsinstitutional activity
(CoinDesk Data)
(CoinDesk Data)

What to know:

  • XRP's trading volume surged nearly 38% above weekly norms, driven by significant institutional activity, yet it underperformed the broader crypto market.
  • Despite briefly reaching $2.17, XRP failed to maintain momentum, suggesting large holders may be unwinding positions rather than accumulating.
  • The token's inability to hold above $2.12 indicates strong resistance, with continued sell pressure unless it breaks through $2.17 with volume validation.
  • XRP's trading volume surged nearly 38% above weekly norms, driven by significant institutional activity, yet it underperformed the broader crypto market.
  • Despite briefly reaching $2.17, XRP failed to maintain momentum, suggesting large holders may be unwinding positions rather than accumulating.
  • The token's inability to hold above $2.12 indicates strong resistance, with continued sell pressure unless it breaks through $2.17 with volume validation.

Heavy institutional activity drives 38% volume spike while XRP lags broader crypto rally, signaling hidden sell pressure beneath the surface.

News Background

  • XRP gained 0.50% to $2.0925 during Tuesday trading but materially underperformed the broader crypto market by 1.77%. Despite the modest advance, trading volume surged 37.94% above weekly norms, indicating significant institutional participation.
  • However, the elevated volume failed to translate into sustainable upward momentum. XRP briefly pierced $2.12 resistance and touched $2.17 before reversing sharply. The move suggests large holders used the liquidity window to unwind positions rather than accumulate.
  • The session’s backdrop reflected broader rotation themes: majors like BTC and SOL attracted capital inflows while XRP’s order books showed more aggressive offer-side liquidity deployment, consistent with distribution during rallies.

Technical Analysis

  • XRP’s failure to hold above $2.12 confirmed this level as entrenched resistance.
  • The pattern of a breakout followed immediately by rejection typically signals distribution, especially when accompanied by heavy volume — 189.7M tokens exchanged hands during the attempt, far exceeding trend norms.
  • The structure now reflects a short-term compression between $2.083 and $2.17, forming a wide equilibrium zone where liquidity is being reshuffled between buyers and sellers.
  • The higher lows from $2.083 provide some stabilization, but the inability to maintain momentum beyond $2.12 keeps the bias neutral-to-bearish.
  • Momentum oscillators show mild bullish divergence from the $2.083 low, yet this is offset by declining volume on recoveries and the overhead supply created by the failed breakout.
  • Until XRP demonstrates conviction through $2.17—with volume validation—the technical setup remains range-bound with latent sell pressure.

Price Action Summary

  • XRP opened the session with mild strength but quickly slipped to $2.083 before stabilizing. A two-stage recovery carried the token toward $2.17, but strong selling emerged immediately at that level.
  • Volume during this push spiked to 184% above the 24-hour SMA, highlighting institutional involvement in the reversal.
  • From there, XRP drifted lower into the $2.09–$2.10 band, where it consolidated into the close. The $2.09 level acted as psychological and technical support, absorbing flows but failing to produce meaningful upside follow-through.
  • The session ultimately reflected controlled distribution: strong volume on advances, weak continuation afterward, and consistent seller presence above $2.12.

What Traders Should Know

  • XRP’s ability to hold $2.09 will dictate short-term direction. A breakdown through this level exposes $2.05 and $2.00 as next support zones.
  • Upside recovery requires a clean reclaim of $2.12 and ultimately $2.17 — levels where heavy sell pressure emerged. Without strong volume confirmation, any moves into these zones risk further distribution.
  • Institutions appear active but not accumulative. Their participation is more aligned with liquidity harvesting during volatility spikes rather than building directional exposure.
  • If broader crypto strength persists, XRP may lag until overhead supply clears. Watch for narrowing ranges and declining volume — early signals of accumulation shifting back in favor of buyers.

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
  • Dogecoin surged above key resistance levels with a 6% rally, driven by institutional trading volumes.
  • Despite the breakout, DOGE faces significant structural resistance from major EMAs.
  • Strong user activity contrasts with mixed network flows, indicating potential accumulation.

Disclosure & Polices: CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of Bullish (NYSE:BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation.

Visit Website