XRP Price Dips as Ripple Whales Move $273M — Is $1.55 the Last Chance to Buy the Dip?

The crypto market is falling once again, caused by a new ban on H20 chip exports to China. Following the broader market, an XRP price drop was inevitable; as such, this token has dropped to $2.04. Today’s fall in value has caused a 4.62% daily value degradation. As such, the XRP price prediction is bearish today, and we expect a further correction. Additionally, we also have significant whale movements in  XRP news today, causing concerns about a possible sell-off. Although this recent decline was not steep enough to cause panic selling, whales might be thinking about exiting the market with profits. 

Are Whales Losing Faith in XRP Amid Price Pressure?

Concerns over a probable profit-taking trend among whales might have been caused by the prolonged price struggle of XRP. This is because we saw an XRP price surge to the multi-year peak of $3.39 on January 17, 2025. Since then, we have witnessed one XRP price drop after another. A number of long-term XRP whales had bought XRP when it was trading under $0.5. As such, this presents a good opportunity for them to take profits before this token falls further.

Could This $273 Million XRP Transfer Crash the Market?

Whale alerts announced that an XRP whale has moved nearly $273 million XRP tokens, causing community uproar. In this announcement on their official X account, it was mentioned that a whale sent 131,000,000 XRP tokens. This amount was received by another wallet, which has caused confusion. Some community members think this is a signal for an upcoming massive XRP dump. Others believe this could be an exchange wallet, and this movement is just part of the exchange’s operations. If this whale dumps these tokens, we could see a spree of panic selling among retail traders, which would cause a deeper crash. 

🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 131,000,000 #XRP (273,945,648 USD) transferred from unknown wallet to unknown wallethttps://t.co/CnMiTrxABL

— Whale Alert (@whale_alert) April 15, 2025

Another possibility has also been brought up, which presents neither a bearish nor a bullish effect. Based on this theory, this transaction could have been just an Over-the-counter purchase, which does not affect the market. However, the recent on-chain activity of other XRP whales signals athat  trend might be forming. This is because, in the last 24 hours, another Whale transferred $63 million to a different wallet. As such, the XRP whales seem to be moving in a coordinated manner, or at least based on the same trend.

Can XRP Regain Momentum After Repeated Rejections?

XRP has also been struggling to climb in value over the last few days. Since XRP price surged to around $2.15, it has mostly traded around this level. In the days of price consolidation, we saw multiple attempts to break the $2.17 resistance. However, these attempts were rejected multiple times, which slowly caused a decline in XRP market sentiment. Crypto analyst CasiTrades marked the $2.17 as the current chilling for the price action. Additionally, based on her XRP price prediction, this token will fall further than $2.04, finding new support.

Is XRP Headed for a Drop to $1.55?

She also added that she believes the XRP price drop will continue until $1.90. Additionally, it might also continue its decline till it reaches $1.55. However, she also mentioned that in these support levels, investors will probably start to buy in the dip. As this crypto analyst stated, “But if this rejection continues to play out, support at $1.90 and $1.555 remains firmly in play.”. As such, if we don’t get some positive and influential XRP news in the coming days, XRP might fall further.