XRP News Today: Death Cross and Whale Inflows Put XRP's $2.72 Support in Crosshairs

XRP's price has come under renewed pressure amid a confluence of bearish technical indicators and increased whale activity, raising concerns about the stability of the $2.72 support level. The token has formed a death cross pattern, with the 50-day exponential moving average (EMA) crossing below the 200-day EMA, a signal historically associated with downward trends. This is the third such formation in August 2025, with prior instances triggering price corrections from $3.12 to $2.93 and $3.03 to $2.93. The current resistance at $2.95 has failed to hold, and the next critical support is at $2.81, with a breakdown likely to push the price toward $2.72 and beyond to $2 CoinSpeaker^[1].

Whale activity has intensified, with large holders depositing over 700 million XRP into exchanges since mid-August. On-chain data from CryptoQuant shows a sevenfold increase in whale inflows to Binance, peaking at 6,293 XRP on August 21. Historical patterns suggest such spikes often precede price declines, as seen in July and August 2025 when similar movements drove XRP down from $3.09 to $2.76 and $3.07 to $2.96. Analysts warn that if inflows surpass the August 13 peak of 29,805 XRP, it could signal aggressive selling pressure and further short-term weakness CoinSpeaker^[1].

Technical indicators also highlight overvaluation risks. The Network Value to Transaction (NVT) ratio has surged to 1,800, one of its highest levels, suggesting a growing disconnect between XRP's market capitalization and on-chain activity. Simultaneously, Open Interest has climbed to $830 million, reflecting heightened speculative positioning. While rising Open Interest can support bullish momentum, it also increases the risk of a reversal if buying pressure wanes. Combined with a high NVT ratio, these metrics indicate that the recent price rally may be driven more by speculation than organic demand Coingape^[5].

The $2.72 support level has become a focal point for traders. A descending triangle pattern, formed since late July, suggests a potential breakdown if the price closes below $2.75. Analysts, including Ali Charts, have warned that a confirmed daily close below this threshold could trigger a retest of $2.72, with further downside risks to $2.50 if this level fails CoinViews^[7]. This scenario is compounded by the U.S. government shutdown, which has delayed SEC decisions on XRP spot ETFs. Regulatory uncertainty has dampened investor sentiment, with the shutdown stalling reviews of applications and delaying progress on crypto-friendly legislation like the CLARITY Act .

Despite short-term bearish signals, some analysts remain cautiously optimistic about XRP's long-term prospects. The token's utility in Southeast Asia's remittance corridors and potential ETF approval by year-end 2025 are seen as catalysts for a price rebound. However, immediate concerns center on the $2.72 support zone. If bulls manage to defend this level, XRP could stabilize and test the $3.00 resistance. A failure to hold, however, could deepen the correction and extend the bearish trend until broader market conditions improve .