XRP Price Falls To 4-Month Lows—Charts Signal Sell, On-Chain Data Turns Bearish

XRP has fallen to 4-month lows around $1.14, with technical analysis showing the price trading below key moving averages while whale accumulation stalls. On-chain data reveals whale withdrawals from Binance have hit a 4-year low, signaling weakened conviction among large holders and creating potential downside targets at $1.11 and $1.00.

XRP's decline reflects both technical deterioration and concerning on-chain metrics that suggest institutional confidence is wavering. The asset now trades below its 7, 14, and 30-day moving averages, establishing a clearly bearish short-term structure. More significantly, weekly exponential moving averages between $1.50 and $1.78 have repeatedly capped bounce attempts, preventing bulls from recapturing upside momentum. This represents a structural weakness where resistance consistently overwhelms buying pressure.

The on-chain picture deepens the concern. Whale withdrawals from Binance—typically interpreted as a bullish signal indicating long-term accumulation—have collapsed to roughly 978 million XRP over 30 days, the lowest level since 2021. Critically, this stalling of large-holder activity during a decline contradicts the typical pattern where whales accumulate during weakness. Their absence suggests skepticism about near-term prospects rather than conviction buying.

Three factors now determine the recovery path. First, whether $1.14 holds as support; a break would expose $1.11 (February lows) and potentially $1.00 (monthly Bollinger floor). Second, the CLARITY Act regulatory vote scheduled before August recess could either clarify XRP's legal status or intensify bearish sentiment. Third, whale behavior reversal is essential—increased withdrawals above 978 million XRP would signal renewed institutional interest.

Crucially, analysts note XRP's weakness stems largely from broader crypto market deterioration rather than asset-specific fundamentals, meaning recovery depends heavily on macro conditions improving first. Until whale accumulation resumes and technical structure repairs, downside risks appear elevated.

• →XRP hit 4-month lows at $1.14 with price trading below all key short-term moving averages, establishing a bearish technical structure.
• →Whale withdrawals from Binance fell to 978 million XRP in 30 days—a 4-year low—indicating large holders lack conviction to accumulate.
• →Weekly moving averages between $1.50-$1.78 are capping every rebound attempt, creating structural resistance to upside recovery.
• →Three critical price levels ($1.14, $1.11, $1.00) could be breached if macro conditions worsen and whale activity remains suppressed.
• →Recovery depends on regulatory clarity from the CLARITY Act vote, macro improvement, and renewed large-holder accumulation above recent lows.