BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

XRP Holds Steady Amid Market Volatility: Is This a Sign of Major Upcoming Breakout?

Gary Ponce by Gary Ponce
February 27, 2025
in CRYPTO, FINANCE, OPINION
Reading Time: 5 mins read
16
SHARES
261
VIEWS
Share on XShare in TelegramShare on Reddit
  • XRP Consolidation Hints at a Major Breakout: Analysts expect a potential breakout by mid-to-late March, as XRP holds firm at key Fibonacci retracement levels despite resistance.
  • Whale Sell-Off Sparks Market Uncertainty: Over 370 million XRP dumped in 96 hours, contributing to an 11.29% weekly decline, though XRP rebounded 4.73% in the last 24 hours.
  • XRPL Developments & ETF Progress Fuel Optimism: Brazil’s approval of a spot XRP ETF and SEC’s dropped cases against major exchanges signal potential regulatory progress for Ripple.

While many altcoins have been bleeding, Ripple ($XRP) has held its ground, showing relative stability in a shaky market. Analysts suggest a major breakout could be on the horizon, possibly by mid-to-late March, as the token forms a tight consolidation pattern.

Despite hitting resistance at key downtrend levels, XRP continues to find support at crucial Fibonacci retracement points. Meanwhile, whale activity raises questions about potential selling pressure, adding to market uncertainty.

Technical Analysis—Key Support Levels in Focus

Charting Guy, a well-known crypto analyst, notes that XRP has been trading sideways for months, even as most altcoins have suffered significant declines. Recently, XRP was rejected at downtrend resistance, but it has held firm at an uptrend support level, aligning with the 0.888 Fibonacci retracement.

This consolidation within a triangle pattern suggests that XRP may continue ranging until it reaches the apex around mid-to-late March.

Meanwhile, EGRAG CRYPTO analyzed XRP’s four-hour chart, highlighting a potential reversal. After seven consecutive red candles, the price has shown early signs of recovery, with three green candles forming. If XRP establishes support near $2.07, it could confirm a double-bottom pattern, possibly triggering an upward breakout.

For those looking to capitalize on potential dips, EGRAG CRYPTO suggests placing spot limit orders at $2.00, $1.855, and $1.73, but cautions against excessive leverage trading.

Charting Guy XRPUSDT technical analysis

Whale Activity—Massive Sell-Off Raises Concerns

Crypto analyst Ali Martinez reported that XRP whales have dumped over 370 million tokens in just 96 hours. This massive sell-off has weighed on price action, contributing to XRP’s recent decline.

Despite the selling pressure, XRP has bounced back 4.73% in the past 24 hours, now trading at $2.28. However, over the past week, the token is still down 11.29%, highlighting the uncertainty in market sentiment.

Even with these fluctuations, Ripple maintains a strong market cap of $132.42 billion, reinforcing its position as a major player in the crypto space.

The TD Sequential indicator has been highly accurate in predicting $XRP price direction since 2022. It now flashes a sell signal on the 2-weeks chart, suggesting an impending correction. pic.twitter.com/K4DaBDUihQ

— Ali (@ali_charts) February 26, 2025

XRPL Developments & ETF Progress—A Game Changer?

The XRP Ledger (XRPL) is evolving fast, with major upgrades aimed at institutional DeFi adoption. Some key developments include:

  • Automated Market Maker (AMM) integrated into its order-book DEX.
  • Decentralized Identity (DID) system to enhance KYC and AML compliance.
  • Multi-Purpose Token (MPT) standard for tokenized assets.

These innovations position XRPL as a scalable, compliance-friendly Layer 1 solution, making it an attractive choice for financial institutions.

Meanwhile, Brazil has approved a spot XRP ETF, and the U.S. SEC has acknowledged filings for similar products. The SEC recently dropped cases against Coinbase, OpenSea, and Robinhood, which could hint at progress in Ripple’s long-running legal battle.

Final Thoughts—Breakout or Breakdown?

XRP is at a critical juncture. If support holds and sentiment improves, a breakout past resistance could send the token toward new highs. However, whale sell-offs and ongoing legal uncertainty mean the downside risk hasn’t fully disappeared.

For now, all eyes are on mid-to-late March, when this consolidation phase is expected to resolve—one way or another.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: CoinbaseEGRAG CRYPTOETFopensearippleXRPL
Tweet4ShareShare
Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, and select meme tokens, combining personal trading knowledge with professional editorial standards.

DON'T MISS THESE! HOT OFF THE PRESS

Market Summary: What Happened in Crypto Today?
CRYPTO

Market Summary: What Happened in Crypto Today?

September 3, 2025
Fat-Finger Error Dumps Pump Fun Streamer Coin 99%, Then Surges 10,000%? Here is What Happened
CRYPTO

Fat-Finger Error Dumps Pump Fun Streamer Coin 99%, Then Surges 10,000%? Here is What Happened

September 3, 2025
Solana Memecoin TROLL Acquires IP Rights to Trollface Meme: Here is Why This is Game Changing
CRYPTO

Solana Memecoin TROLL Acquires IP Rights to Trollface Meme: Here is Why This is Game Changing

September 3, 2025
Flipping Memecoins: Can It Really Be a Full-Time Job?
CRYPTO

Flipping Memecoins: Can It Really Be a Full-Time Job?

September 3, 2025
Fed Signals Multiple Rate Cuts Coming in 2025: Here is Why
BUSINESS

Fed Signals Multiple Rate Cuts Coming in 2025: Here is Why

September 3, 2025
Trump-backed ‘American Bitcoin’ Stock Trading Halted After Explosive Opening: Here is What Happened
BITCOIN

Trump-backed ‘American Bitcoin’ Stock Trading Halted After Explosive Opening: Here is What Happened

September 3, 2025
Load More

Related News

Market Summary: What Happened in Crypto Today?

Market Summary: What Happened in Crypto Today?

September 3, 2025
Fat-Finger Error Dumps Pump Fun Streamer Coin 99%, Then Surges 10,000%? Here is What Happened

Fat-Finger Error Dumps Pump Fun Streamer Coin 99%, Then Surges 10,000%? Here is What Happened

September 3, 2025
Solana Memecoin TROLL Acquires IP Rights to Trollface Meme: Here is Why This is Game Changing

Solana Memecoin TROLL Acquires IP Rights to Trollface Meme: Here is Why This is Game Changing

September 3, 2025
Flipping Memecoins: Can It Really Be a Full-Time Job?

Flipping Memecoins: Can It Really Be a Full-Time Job?

September 3, 2025
Fed Signals Multiple Rate Cuts Coming in 2025: Here is Why

Fed Signals Multiple Rate Cuts Coming in 2025: Here is Why

September 3, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews