The XRP collapsed in one of its heaviest trading days in 2025 and tumbled almost 5%as institutions unloaded in Rex-Osprey Etf debut.
Sell-the-New’s dynamically deleted $ 11 billion in market value, leaving the token matches to defend critical $ 2.77 support.
News Background
• Initial US XRP ETF (Rex-osspry) Sent record $ 37.7 million first day volume, the largest ETF launch of 2025.
• Whale wallets moved $ 812 million in tokens between unknown addresses during the session.
• Crypto derivatives experienced $ 1.7 billion in liquidation, with 90% coming from long positions.
• Fed policy Pivot Weaves: September Inflation Cooled to 2.18%, with markets praising a 50 bps cut by the end of the year.
• Bitcoin dominance rose to 57.7%as capital rotated away from Altcoins.
Summary of Price Action
• XRP crashed down from $ 2.87 to $ 2.77 in a 24-hour period (22 September 03: 00 – September 23 02:00 GMT)A decrease of 4.9% over a $ 0.14 range.
• Flash accident at. 06:00 GMT so the price blast from $ 2.87 to $ 2.77 at 656.1 m (6x daily Avg of 105 m).
• Resistance hardened to $ 2.87 during repeated intraday rejection.
• Restore peaked at $ 2.86 with 13:00 GMT before stalling.
• Afternoon consolidation held $ 2.83- $ 2.87 before sellers regained control.
• Final Times Return took the price from $ 2.85 to $ 2.83 (-0.7%)Leaving XRP for $ 2.83 close.
Technical analysis
• Support: $ 2.77 Critical floor from flash accident; Secondary level $ 2.82 marked for gene test.
• Resistance: Heavy supply zone for $ 2.87, with lower heights forming downward channel.
• Volume: 656.1 MI crash vs 105m AVG confirms institutional dumping.
• Tende: Lower heights of $ 2,856 and lower low -rankings to $ 2.83 Establish short -term Bearish channel.
• Indicators: Momentum crooked Bearish, with degradation risk of $ 2.75- $ 2.70 if $ 2.82 fails.
Which dealers are looking at
• Can $ 2.77 support survive another test after the flash crash?
• ETF streams: Will Day-two demand the price or confirm a Sales-News event?
• Whale Wallet Bill after $ 812 million. Moved during the session.
• Fed’s betting path and its influence on dollar liquidity.
• BTC dominance at 57.7% – rotation pressure on altcoins persuasive.
