XRP holders are facing fresh losses after the token slumped sharply overnight, erasing more than $10 billion in market value as both retail and whale selling cascaded through the market.
At press time on October 14, XRP was changing hands at $2.46, down 6.56% in the past 24 hours and more than 16% over the past week. The token’s market capitalization has fallen from $178 billion seven days ago to just $147.8 billion, underscoring the speed and depth of the decline.
XRP 1-week price chart. Source: FinboldThe sell-off comes amid a perfect storm of regulatory, technical, and macroeconomic pressures. In the United States, delays and uncertainty surrounding spot crypto ETF approvals continue to cloud sentiment, with reports of internal staffing changes at the Securities and Exchange Commission raising further doubts about the timeline. At the same time, renewed tariff tensions between Washington and Beijing have weighed on risk assets across the board, forcing investors to pare back exposure not only in equities but in digital assets as well.
XRP price prediction 2025
On the technical side, XRP’s rejection near the $2.90 resistance zone last week triggered a decisive breakdown below $2.70, and ultimately beneath the psychologically important $2.50 pivot point. That move was compounded by liquidations and stop orders, accelerating the downward momentum and leaving the chart vulnerable to further deterioration.
XRP ledger flows suggest the pressure has not been purely speculative. Since Friday, whale wallets have reportedly sold off more than 2.23 billion XRP, a sizable chunk relative to the current circulating supply of 59.91 billion tokens. With liquidity thinning, price action has become more volatile and more sensitive to macro news.
XRP’s total worth chart underscores the scale of the decline. On October 13 at 11:05 a.m., XRP’s market capitalization stood at $157.9 billion with daily trading volume above $10.3 billion. Within less than 24 hours, capitalization had collapsed to $147.4 billion while volumes slumped to $8.54 billion, marking a 16.7% drop in liquidity alongside the steep price retreat.
XRP 1-day market cap. Source: CoinMarketCapThe key question now is whether bulls can defend the $2.14 level, which coincides with both a historically significant demand zone and oversold conditions on daily momentum indicators. A successful defense could spark bargain hunting and a potential rebound toward $2.50. Failure to hold, however, risks opening a path toward $1.90, a level not tested since late summer.
Source: https://finbold.com/xrp-price-plummets-wiping-out-10-billion-overnight/
