XRP News Today: XRP Dives 52% as Whale Sales and Tariff Fears Weigh on Market

XRP remains under pressure in late July and early August 2025 amid subdued trading activity and the absence of major announcements from Ripple leadership. The price has struggled below the $3 mark, with on-chain data indicating muted buying interest and heightened volatility risks if regulatory or macroeconomic news surfaces [1]. Analysts have forecasted a potential price range between $3 and $8, depending on market sentiment and legal developments [2].

On July 31, XRP held around the $3.00 support level amid broader crypto market fluctuations tied to expectations of stable U.S. interest rates [1]. However, on August 1, the token fell 6.36% to $2.95 as fears of U.S. tariffs, profit-taking, and whale selling pressures weighed on sentiment [2]. Ripple co-founder Chris Larsen added to downward pressure by selling $140 million in XRP, sparking concerns about the sustainability of key support levels [2]. By early August, the price had dropped further to $1.6185, marking a 52% decline from recent highs [3].

Technical analysts suggest the decline may not yet be complete, with ongoing whale activity and geopolitical tensions—such as a potential trade ultimatum involving Donald Trump and Russian President Vladimir Putin—adding to uncertainty [3]. Unlike Bitcoin, which has shown relative stability near $118,000, XRP remains sensitive to liquidity constraints and large-scale selling [4]. The asset’s lower trading volume also contributes to sharper price swings, particularly in response to news or large orders [2].

Despite the current bearish trend, some analysts believe a tightening in XRP’s circulating supply—potentially driven by reduced whale selling—could lead to a future price rebound [5]. XPMarket’s Head of Marketing, Mr. Xoom, noted that a rally toward $6–$8 is possible if legal clarity improves and key technical levels hold [2]. However, market sentiment remains cautiously optimistic, with traders closely watching for regulatory updates or institutional developments [1].

The Federal Reserve’s decision to keep interest rates between 4.25% and 4.5% has provided some stability to the broader market, though its impact on XRP has been mixed [1]. As the asset continues to navigate a volatile landscape, its long-term prospects will depend on its ability to stabilize and attract consistent demand.

Source:

[1] Ripple Price Forecast: XRP defends $3.00 support ahead ...

https://www.mitrade.com/au/insights/news/live-news/article-3-998629-20250731

[2] XRP Dives 6.36% Amid U.S. Tariff Fears and Profit-Taking ...

https://www.ainvest.com/news/xrp-news-today-xrp-dives-6-36-tariff-fears-profit-pressure-2508/

[3] The crypto market is down as President Trump introduces ...

https://www.facebook.com/groups/10149****0276634/posts/137****361031661/

[4] Bitcoin News Today: Crypto Markets Stabilize Amid ...

https://www.ainvest.com/news/bitcoin-news-today-crypto-markets-stabilize-geopolitical-tensions-whale-sales-2508/

[5] Manuel - The project crypto initiative will help the United ...

https://www.facebook.com/photo.php?fbid=734229982823546&set=a.130****63246274&type=3