XRP Price Crash Below $2.25, Eyes on $1.90 Support
XRP, a local token for Ripple Labs, appears to be bearish and is expected to result in a sharp drop in price due to current market sentiment and bearish price action. As of February 27, 2025, XRP fell 4.10% as of today, losing a critical support level at $2.25 and shifting its sentiment to the bearish side.
XRP technical analysis and upcoming levels
According to expert technical analysis, the XRP section cleared its price drop after crashes and daily candles closed below the crucial $2.25.
Based on recent price action and historical patterns, the asset is likely to drop again to the next support of $1.90 and 200 index moving average (EMA) within the daily timeframe.
Due to this critical collapse and bearish market sentiment, the overall cryptocurrency market of Bitcoin (BTC), the world’s largest cryptocurrency, has dropped its crucial $90,500 support.
$65 million worth of XRP outflow
According to Chain Analytics, long-term holders and investors appear to be accumulating tokens despite the key breakdown of bearish market outlook and assets. Small shop. Data from spot inflows/outflows suggests that communications in the cryptocurrency market have experienced $65 million worth of XRP tokens over the past 48 hours.
The massive outflow of communications indicates potential accumulation and may attract more investors and long-term holders. Furthermore, it is a strong example of a “buy immersion” strategy.
Current price motivation
XRP is currently trading close to $2.18, down more than 4% in the past 24 hours. However, during the same period, its trading volume fell by 8%, indicating that traders and investors’ participation has declined as price volatility is obvious and bearish markets.
With the sentiment in bearish markets and trader participation decreases, Coinglass’ data suggests that XRP’s open interest is at its lowest level in 2025, indicating that traders have abandoned their bets on XRP.
