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TL;DR<\/b><\/p>\n XRP dropped<\/a> more than 6% in the last 24 hours, falling to $3.00 before recovering slightly. The fall came during a broad selloff in the crypto market, triggered by over $1 billion in liquidations. This marked the asset\u2019s lowest price in over a week.<\/span><\/p>\n The 24-hour trading volume crossed $11.1 billion, with a sharp wave of selling pressure hitting during the early hours. During that time, XRP recorded 436.98 million units traded in a single hour \u2014 the highest hourly volume this quarter. Late in the session, buying picked up, helping stabilize the price around $3.12.<\/span><\/p>\n Crypto analyst Crypto King shared the view that XRP has moved out of its accumulation and manipulation stages. They believe the next phase, expansion, is now underway, with a price target of $7 in this cycle. Their analysis is based on chart structure and <\/span>increased interest<\/span><\/a> from large players.<\/span><\/p>\n $XRP<\/a> is heating up and institutions are stepping in.<\/p>\n We are now entering the phase I have been waiting for:<\/p>\n Manipulation done The chart and fundamentals are lining up for something massive. If you ignore\u2026 pic.twitter.com\/RcK5D3mcEJ<\/a><\/p>\n \u2014 Crypto King (@CryptoKing4Ever) August 14, 2025<\/a><\/p>\n<\/blockquote>\n Supporting this, on-chain data from Ali Martinez <\/span>shows<\/span><\/a> large holders bought around 320 million XRP in the past three days. This total purchase is worth about $1 billion. This type of buying often reduces short-term selling pressure and can shape how smaller investors react.<\/span><\/p>\n XRP\u2019s price structure shows a shift after a clean breakout in mid-July. Since then, it has gained more than 66% before entering a sideways range. Crypto King\u2019s chart outlines three phases: accumulation, manipulation, and expansion. Current price movement suggests XRP may be starting the third phase.<\/span><\/p>\n A separate chart shared by CryptoBull <\/span>shows<\/span><\/a> XRP trading inside a symmetrical triangle pattern on the 4-hour timeframe. The price has pulled back to retest the former resistance, now acting as support. This is often seen in healthy market trends where buyers step in after consolidation.<\/span><\/p>\n The recent decline in crypto prices follows a broader drop in risk assets. U.S. equity markets also saw profit-taking, which may have added pressure across digital assets.<\/span><\/p>\n Despite the pullback, Ripple\u2019s CTO <\/span>reaffirmed<\/span><\/a> the XRP Ledger\u2019s role in supporting financial systems. With the price sitting near a key support level, traders are watching for signs of strength as the expansion setup unfolds.<\/span><\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n <\/p><\/div>\n\n
Price Drops Sharply After Market Liquidations<\/b><\/h2>\n
Institutional Buying Signals Fresh Accumulation<\/b><\/h2>\n
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Accumulation done
Expansion loading\u2026<\/p>\n
My target this cycle is $7.00<\/p>\nMarket Context and Technical Support<\/b><\/h2>\n
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