- Crypto -walfissen have sold nearly 370 million XRP tokens since the start of the month.
- On-chain statistics reveal that 66.61% of top traders hold long positions in Binance.
Can possess 1,000 wrinkle [XRP] Security of financial freedom by 2029?
That is the daring claim of a crypto expert on X (formerly Twitter). In a post, the expert stated,
“1,000 XRP is enough for a joyful and free life.”
For the current price of $ 2.07 that is worth $ 2,070 – but it would still have to reach $ 1,000 per token (an increase of 45,900%) to become $ 1 million. The claim is very speculative, without a clear path to such appreciation.
Of course the claim buzz stirred, but did not move the needle. Market leaders paid little attention and Ripple’s price remained unaffected.
Whales Sell 370 million XRP -Tokens
Whales and institutions have sold nearly 370 million XRP tokens since the beginning of April 2025, as reported by a Crypto -expert Ali Martinez, on X (formerly Twitter).
This considerable sale is stimulating the sales pressure, while he expressed concern about the Praise process of XRP. Will the downward trend continue, or is a rebound possible?
Market sentiment remains unstable and creates obstacles for Ripple (XRP) to get Momentum. As expected, price promotion was volatile. XRP fell by 4.85% for the past 24 hours and floated around $ 2.05 at the time of the press.
The trade volume, however, increased by 7% in the same period, which increased market activity despite the price fall.
XRP Technical analysis and key levels
According to the technical analysis of Ambcrypto, the price of XRP has been fluctuating within a falling channel pattern since the beginning of 2025, which forms lower highlights and lower lows.
After the recent upward rally, XRP reached a lower high, but now seems to be on their way to a lower layer.
Source: TradingView
If the market sentiment remains unchanged and the sales pressure continues to exist, XRP can be further dropped.
The daily graph suggests that a further downward momentum can lead to a break below the support level of $ 1.95. If this happens, the price can fall by 20%and reach $ 1.65, the lower limit of the channel pattern.
However, if sentiment shifts and XRP exceeds $ 2.25 with a daily candle close by, Bulls can regain control. An outbreak could increase the price by 26% to $ 2.82.
Despite the volatility, XRP remains above the 200-day EMA, indicating that the long-term bijt trend is still intact. Interestingly, data on chains present a different perspective, which suggests a strong bullish sentiment on the market.
Bullish on-chain statistics
When investigating the on-chain statistics of the on-chain analysis company CoinglassIt seems that both traders and long -term holders bet strongly on the bullish side.
At the time of the press, the Binance XRP long/short ratio was 2, which indicates a strong bullish sentiment among traders. This ratio shows that traders have taken a short position for every two long positions.
Data also shows that 66.61% of top traders hold long positions on Binance, while 33.39% hold short positions.
Source: Coinglass
$ 32.40 million in XRP outflow
As an addition to the intrigues, XRP saw in just 48 hours for $ 32.40 million in exchange outings.
Source: Coinglass
The significant outflow of stock markets suggests that accumulation can stimulate the purchasing pressure and donate an upward rally.
When analyzing both on-chain statistics and technical indicators, bulls seem to defend the current level. However, there is a strong chance that XRP will hold support and stay above $ 2 in the coming days.
