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XRP and
faced significant intraday declines on August 21, 2025, as broader altcoin markets experienced selling pressure and heightened volatility. Both tokens moved toward critical support levels, triggering stop orders and algorithmic trading activity [1]. Market participants closely watched on-chain metrics and order-book liquidity to gauge potential rebounds, with briefly slipping below the $3.00 threshold and testing the $2.90 support level [2]. The decline in XRP was attributed to a combination of security concerns, regulatory uncertainty, and a recent security audit that ranked the XRP Ledger as the lowest among 15 major blockchains [1].Cardano (ADA) followed a similar trajectory, with increased volatility and volume near key support zones. ADA’s short-term movements reflected broader risk-off sentiment in the altcoin space, as traders reassessed positions amid the market correction [1]. Polygon (POL) also saw intraday consolidation following sharp sell-offs, while
(BTC) showed relative resilience despite dipping below $113,000 [2]. Technical indicators such as the RSI and MACD suggested further downward movement could occur before any potential rebound, particularly if key resistance levels fail to hold [6].Large whale activity contributed to the downward pressure on XRP, as significant sell-offs pushed the asset below key price thresholds [2]. This movement triggered a wave of liquidations across the crypto market, with nearly $300 million in positions at risk within 24 hours. Retail traders appeared bearish, while institutional investors continued to accumulate Bitcoin as part of broader macroeconomic strategies [5].
Analysts remain divided on the short-term outlook for XRP and ADA. Some view the current pullback as an opportunity for long-term holders to accumulate at lower prices, while others caution that further selling could follow if key supports are not held [7]. Charles Hoskinson, CEO of IOHK, reiterated that Cardano’s long-term roadmap remains focused on decentralization and security, despite the immediate price turbulence [1]. Investors are advised to remain disciplined, using dollar-cost averaging and setting clear stop-loss levels to manage downside risk [3].
Looking ahead, the focus remains on whether XRP can stabilize above $2.90 and whether Bitcoin can hold the $112,500 support level. A successful defense of these critical junctures could signal the start of a broader rebound in the crypto market. Until then, traders are encouraged to monitor on-chain activity, transaction flows, and project updates for clearer signals [5].
Source:
[1] CoinDesk – XRP Pushed Into $2.90 Support Zone Amid ETF Delays, Poor Security Rankings
https://www.coindesk.com/markets/2025/08/20/xrp-pushed-into-usd2-90-support-zone-amid-etf-delays-poor-security-rankings
[2] Brave New Coin – XRP Price Today: XRP Tanks on Whale Sell-Off, But Analyst Calls Sub-$3 a Blessing
https://bravenewcoin.com/insights/xrp-price-today-xrp-tanks-on-whale-sell-off-but-analyst-calls-sub-3-a-blessing
[3] FXStreet –
Price Forecast: ETH Bounces Off $4,100 as Whales Show Resiliencehttps://www.fxstreet.com/cryptocurrencies/news/ethereum-price-forecast-eth-bounces-off-4-100-as-whales-show-resilience-202508210112
[4] Barchart.com – Early Ethereum Whale Tips Remittix as His Next Big Bet While
Slips Lowerhttps://www.barchart.com/story/news/34281917/early-ethereum-whale-tips-remittix-as-his-next-big-bet-while-cardano-slips-lower
[5] Stocktwits – Bitcoin, Ethereum Hold Steady Amid Mixed Retail Sentiment
https://stocktwits.com/news-articles/markets/cryptocurrency/bitcoin-ethereum-hold-steady-amid-mixed-retail-sentiment/chsgiNmRdgl
[6] Brave New Coin – Bitcoin (BTC) Price Prediction: Triangle Breakdown and Bearish Retail Sentiment
https://bravenewcoin.com/insights/bitcoin-btc-price-prediction-triangle-breakdown-and-bearish-retail-sentiment-can-bulls-hold-112k
[7] AInvest – Bitcoin News Today: Bitcoin Slides 5.3% as Altcoins Lose 10% Bearish Sentiment
https://www.ainvest.com/news/bitcoin-news-today-bitcoin-slides-5-3-altcoins-lose-10-bearish-sentiment-2508

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