XRP Price Tests $2.81 as Whale Inflows and Chart Rejection Build

XRPUSDT XRP’s price remains stuck in a bearish structure despite a minor intraday bounce. The $2.95 level continues to act as a stubborn resistance on the daily XRPUSDT chart, while key support at $2.81 is now under pressure. If this support breaks, price could swiftly slide to $2.72—last seen during early August dips.

The latest whale inflow data confirms short-term distribution. Over the past 5 days, whale deposits to exchanges rose 7x—from 900 XRP to 6,293 XRP—signaling intent to offload. Historically, similar inflow spikes preceded sharp price drops, including the recent $3.09 to $2.76 slide.

On the technical side, a third 4H EMA death cross is forming, with the 50-EMA about to break below the 200-EMA. While crossover lag signals trend confirmation, the more critical clue is price action itself: lower highs, failure to reclaim $3.16, and weakening support.

Until $3.16 is reclaimed, the short-term trend remains down, and traders should watch $2.81 for immediate directional cues. Any bounce without volume or a whale retreat could be short-lived.