XRP News Today: Ripple Moves 200M XRP as Bulls Eye $4 Target Amid Market Jitters

In a week dominated by price swings and whale alerts, XRP news today is drawing the spotlight once again. With Ripple moving 200 million XRP tokens between anonymous wallets, and XRP flirting with the critical $4 resistance zone, many investors are asking: what happened to XRP today?

Despite recent market jitters affecting the broader crypto landscape, the XRP price today hovers near $3.1169 after briefly breaching $3.65 twice this week. Bulls remain hopeful for a breakout, while analysts warn of a potential pullback.

Ripple’s 200M XRP Transfer Raises Eyebrows

Blockchain tracking platform Whale Alert flagged a major XRP movement today: 200 million XRP—worth over $700 million—transferred between two unidentified wallets. It didn’t take long for the community to suspect Ripple’s involvement.

As confirmed by @XRPwallets, a wallet activated in 2020 by Ripple initiated the transaction. The funds were moved entirely to a fresh wallet, also linked to Ripple. This marks the third such massive XRP transfer by Ripple this week, sparking speculation about internal restructuring or potential large-scale moves.

Some market watchers interpreted this as strategic positioning, while others questioned whether whales were quietly cashing out ahead of market uncertainty.

READ ALSO: XRP Breakout Sparks Bull Run — Can Ripple Hit $6 This Week?

XRP Price Today: Testing Bulls' Resolve

At the time of writing, XRP is trading at $3.1169, marking a sharp 11.04% decline over the last 24 hours. 

The 4-hour chart reveals a breakdown below the midline of the Bollinger Bands, indicating a weakening bullish momentum. XRP recently fell through the support at $3.20 and is now hovering near the lower Bollinger Band — a zone that may act as temporary support around $3.05.

The MACD histogram is deep in negative territory, with the MACD line trending sharply below the signal line, confirming strong bearish pressure. Additionally, the RSI has dropped below 30, entering the oversold zone, which suggests a potential short-term rebound — but only if buying volume picks up.

In summary, bulls are being tested hard as XRP battles to hold above the psychological support of $3.00. A break below could expose the next major support around $2.75, while a bounce back above $3.20 would be a key sign of strength.

Market Context: XRP Joins a Volatile Party

XRP isn’t alone in facing turbulence. Bitcoin continues to range between $116,000 and $120,000, while Ethereum appears to be entering consolidation after a sharp run-up. Meanwhile, Solana (SOL) continues its gradual rise, buoyed by strong moving averages and technical patterns.

This broader choppiness in crypto markets leaves XRP in a delicate position—caught between bullish aspirations and technical red flags.

READ ALSO: Ripple News Today After XRP Hits New All Time High: What's Next?

Conclusion

While the XRP price today reflects uncertainty, the underlying activity from Ripple and whale wallets signals preparation for a larger move. The $4 resistance remains a clear psychological and technical target. But for now, traders must stay cautious amid increasing volatility and mixed technical signals.

Whether this is a consolidation before liftoff or the beginning of a deeper correction depends on how XRP handles the coming days. One thing is certain: XRP news today is far from quiet.

FAQ

What happened to XRP today?

Ripple transferred 200 million XRP between internal wallets, sparking speculation. Price dropped about 5% from recent highs.

Why is Ripple moving large amounts of XRP?

Ripple regularly reallocates XRP for liquidity, custody, or strategic purposes. This week saw three such 200M transfers.

Is XRP going to reach $4 soon?

While some technical indicators are bearish, bulls are still eyeing the $4 level if key support holds and broader momentum returns.

Is this a good time to buy XRP?

That depends on your risk tolerance. XRP is volatile right now, with mixed signals. Consult your financial advisor before investing.

Where can I check the XRP price today?

You can track the latest XRP price through reputable cryptocurrency price aggregators and live chart platforms.