Whale Shark Week: XRP Dumps and Dreams of Destabilizing or Just Drama?

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Picture this: last week, the ocean of the crypto world got a little splashier – 510 million XRP tokens, each one presumably a tiny crying whale, flopped out of their wallets like a bad Netflix finale. Who knew whales played such a high-stakes game of wallet Tetris? The market watched, clutching their coffee, as the big fish nibbled away at their holdings. From a whopping 6.5 billion XRP in September to a mere 3.84 billion by December, it’s like watching a whale diet in real time. Spoiler alert: no one was impressed, except maybe the whales.

Whale Activity Pressures Price

According to analyst Ali Martinez – and really, who better? – wallets holding between 1 million and 10 million XRP went from hogging the market to acting like they suddenly discovered better things to do with their digital cash. Those wallets sold off a juicy 510 million tokens last week, which sounds like a lot until you realize how many of these whales exist. Probably enough to start a small aquatic revolution.

Whales sold 510 million $XRP in the past week!

– Ali (@ali_charts) December 7, 2025

Meanwhile, the price of XRP seemed to follow this aquatic soap opera downward, dropping along with the dwindling whale holdings. It’s basically the crypto version of “who moved my cheese,” except the cheese is in the shape of digital tokens, and you can’t exactly complain about “not enough cheese” when your wallet’s emptier than your New Year’s resolution list.

Triangle Pattern Nearing Break

In the technical corner, a triangle pattern is playing peekaboo on the XRP chart. Since late November, its price has been bouncing between $2.34 and $1.99 – like a kid on a trampoline, only with more caffeine. Currently trading around $2.05, it’s waiting for a signal – a breakout, if you will – that could send it soaring like a kite or crashing like your last bad date.

If history (and chart patterns) are any guide, a breakout might mean a 16% move, good or bad. A leap upward would land around $2.38 to $2.40 – enough to make holders do a happy dance. Or, if the pattern breaks downward, we’re talking a quick trip back to $1.72 to $1.75 – basically the crypto equivalent of a free fall from a roller coaster.

CryptoWZRD chimed in from the sidelines with some plain-speaking support: “Above $2.27, we should see further upside.” Because nothing says confidence like a figure just over a dollar less than the current price, am I right? If XRP can stay above $2.1, momentum could carry it to $2.27. But dip below $1.97, and all bets are off – a bearish setup with it’s usual dramatic flair.

Daily charts remain indecisive, like a cat staring at a cucumber, while the weekly charts hint at a possible weakness – just enough to keep traders biting their nails. Interestingly, XRP/BTC is putting together a double bottom formation, which might give the bulls a chance to rally if it holds.

Long-Term View Still Holds

But don’t start bailing out your 401k just yet. Long-term analyst EGRAG CRYPTO still sees hope, even if the cat’s out of the bag on a potential return to $1.00. The current trend remains above the critical 21 EMA (think of it as the crypto’s heartbeat), so there’s some stability – at least for now.

“The worst-case scenario appears to be a return toward $1.00,” they wrote.

Dreams of a $20 climb are alive and well in the macro charts, with fantasies stretching all the way to $200 and beyond, as if XRP’s price is auditioning for its own remake of “The Wolf of Wall Street.” EGRAG adds a sobering note – “Bull flags do not end quietly” – which is developer-speak for “just wait for the fireworks.” Buckle up, it’s probably not over until the whales decide it is.

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2025-12-08 11:53