Tag: anticipated approvals signal
XRP Eyes $2 as Whales Dump 1M Coins
The post XRP Eyes $2 as Whales Dump 1M Coins appeared com. Key Notes XRP whales offloaded nearly 900, 000 XRP in the last five days, adding to the selling pressure. Analyst said XRP price is forming a lower high after rejection at $2. 7. Failure to reclaim this resistance could trigger a deeper correction. Grayscale updated its spot XRP ETF application, with analysts expecting an approval soon. XRP XRP $2. 27 24h volatility: 5. 4% Market cap: $136. 26 B Vol. 24h: $7. 04 B has extended another 7% loss in the last 24 hours, dropping to the crucial support at $2. 25 level. On Nov. 4, XRP price drop has come amid a broader crypto market correction, totaling over $1. 3 billion in liquidations. All hopes are on XRP ETF approvals coming next week to drive the altcoin higher. XRP Price Can Test $2 Once Again Amid the continuous selling pressure and rejection at $2. 7, XRP is on the verge of a further breakdown. Crypto analyst Alt Crypto Gems warned that XRP may be entering a risky zone after facing rejection at the $2. 7 level. The analyst noted that the current price action appears to confirm a lower high formation, signaling potential weakness ahead. RP looks a bit in trouble, kind of confirming a further lower high here on this rejection at $2. 7. Should this lower high be confirmed, we could be in danger of visiting that lower support level. Right now, bulls have only one task: reclaim that $2. 7; otherwise, we might be. pic. twitter. com/Md8w4JBVgV Sjuul | AltCryptoGems (@AltCryptoGems) November 3, 2025 He cautioned that if bulls fail to reclaim the $2. 7 resistance level soon, XRP price could be at risk of revisiting its lower support zone at $2. 0. On the other hand, Ripple whales have been selling in big numbers over the past week, adding to the further selling pressure. Crypto analyst Ali Martinez noted that.