Market analysts see key support near $2.10 and resistance around $2.56 for XRP.
The ecosystem around XRP is facing amplified stress after major holders reportedly moved and sold large volumes of XRP, placing the token under fresh downward pressure. On-chain data show that wallets holding over one billion XRP have offloaded more than 1.09 billion tokens in recent trading sessions. This scale of distribution rarely goes unnoticed and has become a focal point in current crypto news. As a result, the XRP price has come under heightened scrutiny.
The impact of such distribution is amplified because when large holders route tokens to exchange addresses, markets frequently interpret that as a precursor to selling into spot liquidity. Falling into that category, the recent activity has weighed on sentiment around XRP.
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