XRP price crash today below $3 as the cryptocurrency tumbled over 8% in 24 hours, dropping from a high of $3.17 to around $2.94. The sharp fall came after heavy whale and insider selling, including a $175 million XRP transfer by Ripple co-founder Chris Larsen. High trading volumes and failure to break key resistance added to the pressure.

Why did XRP fall below $3? Here’s what’s really driving the drop

The sudden fall in XRP’s price below the critical $3 mark isn’t just about market noise—it’s the result of a combination of technical factors, whale activity, and broader market sentiment. Here's what we know:

1. XRP faced strong resistance and failed to break out

XRP recently attempted to break through the $3.05 resistance level, but failed to gain momentum. After reaching a local high of around $3.17, it reversed sharply and dropped as much as 8% in just 24 hours. According to Coindesk, this drop was accompanied by unusually high trading volume—almost four times the average—signaling a wave of profit-taking and panic selling.

2. Whales and insiders are offloading XRP

Data reveals that large XRP holders (whales) and insiders have been selling off massive amounts of tokens. Ripple co-founder Chris Larsen reportedly moved $175 million worth of XRP, with around $140 million landing directly on exchanges. This kind of insider activity tends to spark fears among retail investors, often leading to a chain reaction of selling.

3. Profit-taking near peak levels added to the pressure

More than 90% of XRP holders were in profit during its recent surge to the $3.60+ range. This triggered a wave of profit-taking as short-term traders looked to cash out before another dip. This is a common behavior in crypto markets when assets near multi-year highs.

4. Broader crypto market weakness played a role

XRP’s decline wasn’t isolated. The overall crypto market saw red after renewed U.S. trade tariffs triggered a broader “risk-off” sentiment. Investors pulled out of volatile assets—including cryptocurrencies—in favor of safer bets, contributing to XRP’s decline.

Is a massive XRP selloff coming next?

Right now, the pressure on XRP is undeniable—but is this the start of something bigger?

While the massive insider sales and high-volume panic dumps point to short-term bearishness, there’s also evidence that institutional buyers are stepping in at current price levels around $2.94–$2.98, trying to defend support.

If XRP holds above the key $2.94 support zone, it may avoid a total collapse. But if that level fails, it could trigger a deeper correction toward the $2.65–$2.70 range. So, while a full-on crash isn’t confirmed yet, the risk of further downside remains real.

What is the short-term XRP price prediction?

In the coming days to weeks, XRP’s next moves will depend heavily on two things: whether it can reclaim $3 and whether new buyers show up to support the price.

• Support zone to watch: $2.94–$2.95
  
  
• Immediate resistance: $3.02–$3.05
  
  
• If XRP can reclaim and close above $3.03, analysts say a short-term bounce toward $3.23 and possibly $3.82 could unfold.
  
  
• But if sellers continue to dominate, we may see a drop below $2.80, especially if Bitcoin and the broader market weaken.
  
  

What is the long-term outlook for XRP in 2025 and beyond?

Despite the short-term turbulence, several top crypto analysts remain bullish on XRP’s long-term potential. Some even see this dip as a healthy reset before a much larger rally. Here's what they’re saying:

• If XRP closes above $3.03 monthly, it could signal the start of a major uptrend, with potential price targets between $7 to $11 in the next few months.
  
  
• Certain long-term technical models project XRP reaching as high as $24, especially if global crypto adoption increases and Ripple’s ecosystem continues expanding.
  
  
• However, this bullish scenario depends on XRP holding above key support levels, avoiding further insider dumping, and a general return of bullish momentum across crypto markets.
  
  

Should you be worried or stay calm?

There’s no denying that XRP’s recent price drop below $3 has shaken confidence. But zooming out, this kind of volatility is common in crypto—especially after strong rallies.

• Short-term traders should watch for signs of stability above $2.94.
  
  
• Long-term investors may view this dip as a buying opportunity if the fundamentals and technicals improve.
  
  
• The key to watch now is whether XRP can reclaim $3 and build support above that level going forward.
  
  

For now, the pressure is real—but so is the potential for a powerful comeback if the market stabilizes.

FAQs:

1. Why did XRP price drop below $3 today?
XRP fell below $3 due to whale selling, insider transfers, and failing to break resistance near $3.17.

2. Is a massive XRP selloff happening soon?
A full crash isn’t confirmed, but risks remain if XRP fails to hold above $2.94.

3. What is the XRP short-term price prediction now?
XRP could bounce to $3.23 if it reclaims $3, else may dip toward $2.65.

4. What is XRP’s long-term outlook for 2025?
Analysts predict XRP could hit $7–$11 if momentum returns and selling stops.

5. Should I invest in XRP after the price drop?
If XRP holds $2.94 support, it may be a buying opportunity for long-term holders.