Whale Activity Triggers Sharp Price Decline
In a dramatic move, 190 million XRP tokens were sold off by whales within just 48 hours, triggering a sharp decline in the cryptocurrency’s value. According to data presented by Ali Martinez (@ali_charts), this massive dump has played a key role in the recent downturn, sparking concerns among investors about the future direction of XRP.
The price of XRP has seen significant fluctuations in recent days, with this latest wave of selling causing the value to plummet. XRP’s price dropped from over $2.5 to under $2 in a very short period, reflecting a loss of more than 20%.
The chart analysis reveals that the sharp sell-off by large holders has heavily influenced the market, highlighting the power that whale activity can exert on digital asset prices.
190 million $XRP sold by whales in the last 48 hours! pic.twitter.com/nB0P7jADCx
— Ali (@ali_charts) November 20, 2025
XRP’s Technical Indicators Reflect Further Uncertainty
Looking deeper at XRP’s technical outlook, the chart shows a bearish trend, with the price currently sitting at $1.93336, a 3.18% decline in the past 24 hours.
The RSI (Relative Strength Index) is now at 31.18, indicating that XRP is nearing oversold territory, which could signal a potential short-term rebound. However, with the current market sentiment still leaning towards the downside, any recovery may be temporary.
The Bollinger Bands are widening, indicating an increase in volatility. The 20-day simple moving average (SMA) has also fallen below the current price, further solidifying the bearish trend. These technical signals suggest that unless significant support emerges, XRP could face more downward pressure in the coming days.
What’s Next for XRP?
As whale activity continues to influence XRP’s price, the question on everyone’s mind is: what’s next for the cryptocurrency? With 190 million XRP dumped in just 48 hours, the market is left in uncertainty. If whales continue to sell off their holdings, the price could see further declines. However, if selling slows, XRP may find some stability, potentially allowing for a short-term recovery.