XRP Sees Sharp Reversal, Recording Lower Highs on 169M Volume Spike

XRP Slips 4.2% as Heavy Volume Marks Sharp Reversal, $3.04 Now Key Resistance

XRP posted a 4.2% decline over the past 24 hours, falling from $3.06 to $2.93 amid a wave of selling pressure that accelerated in the afternoon U.S. session. The move came as volume surged to 169.41 million—more than triple the 24-hour average—triggering a sharp intraday reversal.

Breakdown Accelerates on Volume Spike

The steepest leg of the decline began at 14:00, when XRP dropped from $3.04 to $2.97. The selloff marked the heaviest hourly volume of the session and helped define new short-term technical levels: $3.04 now acts as resistance, while $2.93 serves as interim support, per CoinDesk Research’s technical analysis.

Late-Session Price Action Confirms Bearish Momentum

In the final hour of trading, XRP edged down from $2.94 to $2.92, ending near the session low. A 1.6 million volume burst at 02:11 sealed the move lower. The token saw a $0.13 intraday swing, trading between a high of $3.08 and a low of $2.93.

Technical Picture Remains Weak

XRP’s failure to hold above the psychologically important $3.00 level, along with its rejection at $3.04, suggests further downside risk. The breach of short-term moving averages and volume-led selloff support a continuation of bearish sentiment. If $2.92 fails, downside targets include $2.87 and $2.80, based on historical support zones.

Market Focus

• Resistance: $3.04
• Support: $2.93 (primary), followed by $2.87 and $2.80
• Range: $2.96–$2.97
• Volume (24h): 169.41M (vs. 52.73M avg)

Traders are now watching for a reclaim of the $3.00 mark and any signs of bullish divergence on short-term momentum indicators. Broader macro uncertainty—driven by geopolitical risks and global trade instability—continues to weigh on crypto markets overall.