XRP collapsed in one of its heaviest negotiation days of 2025, falling almost 5% as the institutions discharged in the debut of the ETF Rex-OSPREY.
The Sell-The News dynamics deleted $ 11 billion in market value and left the token fighting to defend the critical support of $ 2.77.
News history
• ETF XRP inaugural USA. UU. (REX-OSPREY) registered a record of $ 37.7 million in volume of the first day, the largest launch of ETF of 2025.
• Whale wallets moved $ 812 million in tokens between unknown directions during the session.
• Cryptographic derivatives saw $ 1.7 billion in liquidations, with 90% from long positions.
• Food policy is coming: September inflation cooled to 2.18%, with markets that set a 50 BPS cut before the end of the year.
• Bitcoin’s domain increased to 57.7% as capital revolved away from the Altcoins.
Summary of the price action
• XRP was blocked from $ 2.87 to $ 2.77 in a period of 24 hours (September 22 03: 00 – SEP 23 02:00 GMT)A 4.9% drop in a range of $ 0.14.
• Flash Crash at 06:00 GMT The price of the Sierra from $ 2.87 to $ 2.77 in the volume of 656.1m (6x AVG 105m daily).
• The resistance hardened at $ 2.87 during repeated intra -rejection.
• The recovery reached its maximum point at $ 2.86 per 13:00 GMT before stagnating.
• The afternoon consolidation maintained $ 2.83– $ 2.87 before sellers recovered control.
• The decrease in the final time took the price of $ 2.85 to $ 2.83 (-0.7%)leaving XRP at $ 2.83 closure.
Technical analysis
• Support: $ 2.77 Flash Crash critical floor; SECONDARY LEVEL $ 2.82 MARKING FOR REESTA.
• Resistance: Heavy supply zone at $ 2.87, with lower maximums that form a downt trend channel.
• Volume: 656.1m in Crash vs 105m AVG confirms the institutional discharge.
• Trend: the maximums below $ 2,856 and minimum lower than $ 2.83 Establish a short -term bearish channel.
• Indicators: Momentum bassist biased, at risk of breakdown for $ 2.75– $ 2.70 if $ 2.82 fails.
What merchants are seeing
• Can the support of $ 2.7 survive a second test after the flash block?
• ETF flows: will the demand demand stabilize the price or confirm a selling event to sell?
• Whale wallet behavior after $ 812 million moved during the session.
• The Fed Rate Court route and its impact on the liquidity of the dollar.
• BTC domain at 57.7%: the rotation pressure on the altcoins probably persists.
