XRP News Today: XRP Declines 8% After Facing Resistance at $2.30 PEPE Drops 10% as Whales Sell 600 Billion Tokens Unstaked Raises $10.6 Million in Presale Offering 28x Return

XRP, a prominent cryptocurrency, encountered significant resistance at the $2.30 mark, leading to a weakening of its technical structure. This resistance was particularly strong between $2.30 and $2.35, aligning with the R3 Fibonacci level and the upper boundary of the bull market support zone. As a result, XRP experienced a decline, retreating into a consolidation area between $2.11 and $2.20. On the 4-hour chart, the price re-entered a bearish descending pitchfork, with key indicators such as the RSI at 47.04 and a flattened MACD showing neutral momentum. The Supertrend indicator also turned negative, suggesting potential further declines if support at $2.113 fails to hold, which could lead to drops toward $2.02 or even $1.83. Volume-weighted indicators like VWAP and Parabolic SAR remain above the current price, indicating that without a firm push above $2.20–$2.30, XRP is likely to remain under pressure.

Meanwhile, PEPE, another cryptocurrency, faced a significant setback as two large holders, or "whales," exited the market, each selling 600 billion tokens. This massive sell-off, totaling $12 million, occurred despite incurring losses of around $7 million. The exits followed a failed breakout attempt beyond $0.000012 after a bullish Cup-and-Handle setup, leading PEPE into a downward trend channel. On-chain metrics reflect this waning optimism, with Net Network Growth at just 0.70% and the number of “In the Money” wallets falling by 7.07%. Large transactions have dipped by 5.18%, while the NVT ratio jumped to 137, implying a high market cap relative to on-chain activity, a common red flag for overvaluation. Despite Stochastic RSI showing oversold conditions, unless bulls regain $0.00001280 and inject new demand, any rebound could be brief. Weak MVRV values and shrinking whale support continue to weigh on PEPE’s short-term future.

Amidst the uncertainty surrounding XRP and PEPE, Unstaked has emerged as a notable player in the cryptocurrency market. With its presale raising over $10.6 million and a $1 million giveaway running, Unstaked is positioning itself as a key emerging crypto project. Priced at $0.012091, Unstaked offers a potential 28x return upon listing at $0.1819. The project stands out due to its focus on practical use, allowing users to build and run AI-powered smart agents for on-chain automation. These agents will handle tasks such as marketing, analytics, and governance independently, giving users full ownership and control without outside interference. To encourage participation, Unstaked is offering a $1 million giveaway during its presale phase, rewarding users before the official launch. This approach focuses on transparency and ownership, helping Unstaked stand out against uncertain projects like XRP and PEPE. With attention shifting toward presales offering real use cases and direct benefits, Unstaked’s design, community model, and utility-focused features are attracting a growing base of backers.

In summary, the cryptocurrency market is experiencing a shift in focus. XRP’s progress is halted at major resistance, and PEPE is suffering from large-scale exits, leading to a change in market tone. Projects that provide function and value are gaining traction, with Unstaked emerging as a preferred option. Unstaked’s presale progress, with $10.6 million raised and pricing at $0.012091, is gaining interest as it hints at a 28x potential return. While XRP must clear $2.30 to regain its bullish footing, and PEPE needs a whale-driven reversal above $0.00001280, Unstaked offers a clearer path with defined features and user rewards. In this shift toward substance and ownership, Unstaked is emerging as a preferred option for those tracking what’s next in crypto.