\n
<\/p>\n
XRP went on a massive run after the August 19 breakout, surging from the key psychological support at $1.00 to a multi-month peak at $1.70, all within the span of just 72 hours.<\/p>\n
However, the subsequent rejection was quite violent, and the token lost a few crucial support levels on the way down, including $1.60, $1.50, and, most recently, $1.40. It now sits below the last one, and some on-chain data suggests more pain is ahead.<\/p>\n
Perhaps the most evident reason behind XRP’s major breakout several weeks ago came from whales. These large market participants ‘went crazy’ in their accumulation efforts, scooping<\/a> roughly 400 million tokens within a week or so. In addition, network activity spiked, showing increased interest in the token and the blockchain behind it.<\/p>\n The same investors have turned<\/a> on the cross-border token, according to more recent data shared by Ali Martinez. Citing Santiment Intelligence, he noted that the “pullback appears to be driven in part by profit-taking, with whales selling or redistributing roughly 90 million XRP over the past week.”<\/p>\n Naturally, such moves from the largest ecosystem participants have a two-fold effect. First, they increase the immediate selling pressure. Second, their example can be followed by retail investors who tend to copy whales.<\/p>\n The second major warning comes from the network activity. Daily active addresses have plunged by over 90% from the peak during the rally of 388,492 to 38,163. According to Martinez, this signals a “significant drop in participation during the correction.”<\/p>\n The analyst added that XRP has found “critical support” near $1.35, where 2.29 billion tokens were previously traded. If the asset maintains that level, it could rebound toward $1.60 or even $1.68 next.<\/p>\n Another popular analyst, Celal Kucuker, was even more optimistic about XRP’s future. They added that the token’s rally to its previous all-time high began when it stood 12% below its 50-day moving average. Current data shows that it trades at the same point now.<\/p>\n As such, the cross-border token could reignite another major run if it manages to reclaim the 50-day MA soon. The analyst predicted a massive 600% move based on historical performance and the Fibonacci equality. If Kucuker’s prediction comes to fruition, it could push XRP to over $9, more than double its current all-time high.<\/p>\n The previous ATH rally started when XRP was 12% below the 50-day moving average.<\/p>\n We are at the same point now: 12%<\/p>\n Above the 50-day MA = The bull run begins for XRP<\/p>\n If the 13.55% descending channel breaks to the upside, a 600% move could begin based on Fibonacci equality! pic.twitter.com\/Pw6Cwhk6iJ<\/a><\/p>\n \u2014 Celal Kucuker (@CelalKucuker) September 11, 2026<\/a><\/p>\n<\/blockquote>\n The post Ripple (XRP) Price Outlook: Two Key Metrics Are Flashing Warning Signs<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n600% Rally in the Making?<\/h2>\n
\n