XRP Drops 13% in Days After Rally

XRP Drops 13% in Days After Rally

> At a Glance

> – XRP fell 13% to $2.10 after a 30% rally

> – Whale transactions plunged from 433 to 33

> – Technical pattern signals more downside

> Why it matters: Retail traders face volatility

XRP crashed 13% in days after a 30% spike, and two warning signs point to more losses ahead.

Price Action

price

The token surged from $1.90 to $2.41 in under a week, then reversed to $2.10. Analyst Ali Martinez flagged a gravestone doji candle, a classic bearish reversal signal.

Whale Exodus

Whale activity collapsed after the rally:

  • January 6: 433 large transfers
  • January 9: 33 transfers

Ali Martinez noted the shift signals fading institutional interest.

Key Takeaways

  • XRP technical pattern warns of further decline
  • Whale activity dropped 90% in three days
  • Retail traders should watch support levels

The next move depends on whether bulls defend $2.00 or sellers push lower.

Author

  • My name is Sophia A. Reynolds, and I cover business, finance, and economic news in Los Angeles.

    Sophia A. Reynolds is a Neighborhoods Reporter for News of Los Angeles, covering hyperlocal stories often missed by metro news. With a background in bilingual community reporting, she focuses on tenants, street vendors, and grassroots groups shaping life across LA’s neighborhoods.

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