XRP’s Payment Volume Plummets 90% Overnight—Will Ripple’s Token Survive This Make-or-Break Moment?
Ripple’s XRP suffers a jaw-dropping drop in payment activity. What does this mean for prices and the future of one of the top cryptocurrencies?
- 90% drop—XRP payments crashed from 1 billion to 114 million overnight
- $2.20—Key price bounced after the plunge, but faces stiff resistance
- 200 EMA—The critical support zone traders are watching now
Ripple’s XRP just got hit by a tsunami of bearish data, sending shockwaves through the crypto market. On-chain numbers show payment volume cratering over 90% in a single day. That’s not just a blip—it’s a blaring warning siren for anyone holding XRP.
Let’s break down what’s behind this dramatic downturn, what traders are bracing for, and what it really means for Ripple’s future. Will XRP rebound, or is this the tip of the iceberg?
Q: What Triggered the XRP Payment Volume Crash?
Fresh on-chain data reveals a jaw-dropping nosedive: XRP’s payment volume plunged from over 1 billion tokens to just 114 million within 24 hours. That’s an entire order of magnitude gone in a blink.
Analysts suspect two main culprits: Either major institutional players abruptly pulled back, or regular demand simply evaporated. Both scenarios paint a grim picture: big investors could be losing faith, or the day-to-day utility of XRP is vanishing.
To make matters more intense, this crash in payment activity isn’t just noise. Historically, major drops in on-chain activity for XRP have preceded severe price corrections. Think of this metric as a crypto canary in a coal mine—when it stops singing, smart investors listen.
How Is the XRP Price Holding Up?
Oddly enough, while XRP’s network usage fell off a cliff, the price didn’t collapse—at least, not right away. After bouncing off the crucial 200-day exponential moving average (EMA), XRP briefly popped up to $2.20, notching a small gain for the session.
But there’s a catch: the price action looks shaky. XRP’s latest rally failed to clear the tough resistance range between $2.26 and $2.55. Even more worrying, the coin was unable to reclaim other important moving averages like the 50 and 100 EMA, making some traders doubt this bounce has legs.
Most telling of all, trading volume behind these moves remains weak. When prices climb on low volume, it’s often a sign that major buyers are sitting on their hands. And in crypto, weak volume can quickly turn a bullish move into a bull trap.
For more real-time crypto data, check sources like CoinMarketCap and CoinDesk.
Q: What Are the Critical Levels for XRP Right Now?
XRP is teetering on a knife’s edge. The 200 EMA, around $2.08, now acts as the last line of defense. If XRP can’t hold above this level, technical analysts warn that further slides to $2.00—or even $1.80—are on the table.
However, crypto markets move fast, and sometimes big players intentionally shake out weaker traders with moves like these. If XRP can power back above $2.20, especially with real volume supporting the move, a rapid recovery isn’t out of the question.
For that to happen, bulls need to push XRP beyond the iron-clad $2.55 resistance zone—and soon.
How to Track the Next XRP Move Like a Pro
Anyone holding or watching XRP shouldn’t rely on price alone. Here’s how to keep your finger on the pulse:
- Monitor payment volume using reliable blockchain explorers
- Watch major support levels, especially around the 200 EMA on daily charts
- Check market volume—real rallies need real participation
- Look for confirmation across technicals and on-chain trends before making moves
Staying plugged into reputable news and analytics sources like Bloomberg and Reuters can deliver near-instant updates when markets turn.
Is XRP Headed for a Big Shakeout or a Breakdown?
Right now, XRP stands at a dramatic crossroads. Whales may be quietly leaving, or preparing for another run—only time and data will tell. But with payment volume in freefall and prices flirting with critical support, this is a make-or-break stretch.
Stay sharp! If you’re trading or holding XRP, watch those volume and support levels daily. This week will likely reveal whether Ripple’s token recovers—or cracks under pressure.
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Your XRP Survival Checklist for 2025:
- ✓ Track payment volume and network activity
- ✓ Watch the 200 EMA support zone
- ✓ Don’t trust price rallies without strong trading volume
- ✓ Set alerts for major resistance at $2.20 and $2.55
- ✓ Follow reliable news from Cointelegraph and CNBC