XRP Price Falls To 4-Month Lows—Charts Signal Sell, On-Chain Data Turns Bearish
XRP fell to a four-month low near $1.14 amid a broader crypto downturn, with both technical and on-chain signals turning bearish. Price is trading below the 7-, 14-, and 30-day moving averages, showing weak short-term trend structure, while weekly EMAs around $1.50–$1.78 have repeatedly capped rebounds. The 200-day moving average near $1.64 remains a major resistance level. On-chain data adds caution: whale withdrawals from Binance have dropped to about 978 million XRP over 30 days, the lowest since 2021, suggesting stalled accumulation by large holders. Key downside levels are $1.14, then $1.11, and potentially $1.00 if selling continues. Near-term recovery depends on holding $1.14, improving whale accumulation, and possible regulatory support from a CLARITY Act vote; otherwise, broader market weakness could keep pressure on XRP.
