The post Price Holds Range As Whales Sell appeared on BitcoinEthereumNews.com. Whales reportedly sold $2.23 billion in XRP, yet price is holding $2.40 to $2.60 $2.14 is the measured-move target; $2.00 is the near-term risk line; $1.91 is cycle invalidation as per analyst EGRAG. Upside needs a reclaim of $2.60 to $2.77 with improving volume to set up $3 again XRP is trading inside $2.40 to $2.60 after on-chain trackers flagged roughly $2.23 billion in whale selling since Friday.  The band is doing its job as a short-term range while broader crypto cools. Total crypto value sits near $3.83 trillion. Bitcoin is holding near $112,000, and Ethereum trades around $4,100, but both show signs of exhaustion after recent rallies. Altcoins like Solana and Cardano are struggling to find direction, with selling pressure keeping prices pinned. The sentiment remains tense as global trade headlines, political uncertainty, and heavy institutional positioning create what experts call a “manipulation phase.” XRP has been caught in the middle, showing unusual trading activity even as broader sentiment remains mixed. Why $2.14, $2.00, And $1.91 Matter Now Analyst EGRAG Crypto frames $2.14 as the measured-move objective from a descending triangle. The $2.00 line is the near-term risk marker that, if lost on multiple closes, shifts the bias to defense. Source: X A break below $1.91 would challenge the broader cycle view and force a deeper reset. “I’ll be genuinely concerned about this cycle’s integrity if we break under $1.91,” Egrag said, adding that the coming 60 to 90 days could define XRP’s next important direction. Macro Cross-Currents Shaping Today’s XRP Price Markets were shaken after renewed U.S.-China tariff discussions surfaced this week, following cryptic posts from President Donald Trump about possible 100% tariff moves.  The announcement sparked a sharp selloff across global markets before a rebound attempt over the weekend. Analysts described the setup as a “head fake”… The post Price Holds Range As Whales Sell appeared on BitcoinEthereumNews.com. Whales reportedly sold $2.23 billion in XRP, yet price is holding $2.40 to $2.60 $2.14 is the measured-move target; $2.00 is the near-term risk line; $1.91 is cycle invalidation as per analyst EGRAG. Upside needs a reclaim of $2.60 to $2.77 with improving volume to set up $3 again XRP is trading inside $2.40 to $2.60 after on-chain trackers flagged roughly $2.23 billion in whale selling since Friday.  The band is doing its job as a short-term range while broader crypto cools. Total crypto value sits near $3.83 trillion. Bitcoin is holding near $112,000, and Ethereum trades around $4,100, but both show signs of exhaustion after recent rallies. Altcoins like Solana and Cardano are struggling to find direction, with selling pressure keeping prices pinned. The sentiment remains tense as global trade headlines, political uncertainty, and heavy institutional positioning create what experts call a “manipulation phase.” XRP has been caught in the middle, showing unusual trading activity even as broader sentiment remains mixed. Why $2.14, $2.00, And $1.91 Matter Now Analyst EGRAG Crypto frames $2.14 as the measured-move objective from a descending triangle. The $2.00 line is the near-term risk marker that, if lost on multiple closes, shifts the bias to defense. Source: X A break below $1.91 would challenge the broader cycle view and force a deeper reset. “I’ll be genuinely concerned about this cycle’s integrity if we break under $1.91,” Egrag said, adding that the coming 60 to 90 days could define XRP’s next important direction. Macro Cross-Currents Shaping Today’s XRP Price Markets were shaken after renewed U.S.-China tariff discussions surfaced this week, following cryptic posts from President Donald Trump about possible 100% tariff moves.  The announcement sparked a sharp selloff across global markets before a rebound attempt over the weekend. Analysts described the setup as a “head fake”…

Price Holds Range As Whales Sell

2025/10/16 01:18
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  • Whales reportedly sold $2.23 billion in XRP, yet price is holding $2.40 to $2.60
  • $2.14 is the measured-move target; $2.00 is the near-term risk line; $1.91 is cycle invalidation as per analyst EGRAG.
  • Upside needs a reclaim of $2.60 to $2.77 with improving volume to set up $3 again

XRP is trading inside $2.40 to $2.60 after on-chain trackers flagged roughly $2.23 billion in whale selling since Friday. 

The band is doing its job as a short-term range while broader crypto cools. Total crypto value sits near $3.83 trillion. Bitcoin is holding near $112,000, and Ethereum trades around $4,100, but both show signs of exhaustion after recent rallies. Altcoins like Solana and Cardano are struggling to find direction, with selling pressure keeping prices pinned.

The sentiment remains tense as global trade headlines, political uncertainty, and heavy institutional positioning create what experts call a “manipulation phase.” XRP has been caught in the middle, showing unusual trading activity even as broader sentiment remains mixed.

Why $2.14, $2.00, And $1.91 Matter Now

Analyst EGRAG Crypto frames $2.14 as the measured-move objective from a descending triangle. The $2.00 line is the near-term risk marker that, if lost on multiple closes, shifts the bias to defense.

Source: X

A break below $1.91 would challenge the broader cycle view and force a deeper reset.

“I’ll be genuinely concerned about this cycle’s integrity if we break under $1.91,” Egrag said, adding that the coming 60 to 90 days could define XRP’s next important direction.

Macro Cross-Currents Shaping Today’s XRP Price

Markets were shaken after renewed U.S.-China tariff discussions surfaced this week, following cryptic posts from President Donald Trump about possible 100% tariff moves. 

The announcement sparked a sharp selloff across global markets before a rebound attempt over the weekend. Analysts described the setup as a “head fake” meant to lure dip buyers before new lows emerged on Friday.

Related: Jerome Powell Signals Quantitative Tightening Will End In Coming Months

Liquidity and Flows

Reported whale selling of approximately 2.23 billion explains why rallies met supply late last week. That flow now appears to be easing as price stabilizes near $2.50. Treat new spikes in exchange inflows as caution signals; treat declining inflows with steady bids as constructive for a base.

Institutional Positioning and the Macro Crossroads

Federal Reserve Chair Jerome Powell hinted that economic growth before the recent government shutdown was stronger than expected, possibly easing market fears and providing room for liquidity recovery. However, with rising gold–Bitcoin correlation and increasing talk of dollar debasement, investors appear split between traditional safe havens and digital assets.

Related: Altseason 2025 Setup Builds as Bitcoin Dominance Slows, Analysts Eye Rotation

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/xrp-news-today-price-holds-2-40-to-2-60/

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