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XRP’s recent drop in a discussion between market experts regarding whether the decline to $ 1.76 was a natural reaction in the market or a more deliberate event.
Within three hours on February 3, 2025, XRP A witnessed Rapid decrease From $ 2.57 to $ 1.76, amazing decrease 31 %. However, the rapid recovery above $ 2 that occurred shortly after the decline was the cause of concern.
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The price movement was the subject of speculation, with some external factors, rather than organic sale pressure, was responsible.
“This step was manipulated yesterday”
Let me explain my thoughts and why I was somewhat confident of calling a decrease within 3 minutes last night (read to the end)
Use $ Xrp For example
I think yesterday was an effort to a regiment of market makers to allow altcoins to suggest … https://t.co/wow4eb3qae pic.twitter.com/y6ngshrxl8
– Dom (@Traderview2) February 3, 2025
Market professionals express worry about manipulation
Among the first to discover abnormal cases in XRP price behavior He was the coding analyst. He pointed out that the low price follows a strange trend, as liquidity seemed to disappear during the last stage of collapse.
He believes that it is possible for the players to delay the market on purpose Purchase side liquidityAllow the price to collapse and then operate the tactical purchase orders at reducing levels of profit to return.
“I don’t want to resort to the plot, but if you think this step was” normal “, think again. He always said on X.
Moreover, the fact that the decrease in XRP did not seem isolated. Vincent Van Code, which Vincent Van Code referred to during the same period in which Bitcoin, HBAR and many other encrypted currencies were similar price fluctuations. These questions stimulated the behavior of the coordinated market or automated trading.
The puzzles are complex through the simultaneous market movements
Unless there are external factors that actively affect price behavior, there is a small statistical opportunity because many cryptocurrencies will witness the same sharp collapse and recovery in the same time periods.
Although the algorithm trading sometimes creates a link across assets, experts argue that the accuracy of these movements indicates a deeper degree of coordination.
DOM stressed that although the sale of panic and sudden references may be factors in this decrease, the structure of the event and a speed makes it unlikely that the natural market forces are the only factor.
Dom said that it is possible that market makers are treating XRP to collect it at reduced prices, if they already remove liquidity to facilitate low prices.
The analyst said, “Whether it is low or not, these players are awake!”
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What does this mean for XRP investors
This incident is mentioned Volatility One of the encrypted currency markets. Whales or institutional players may misuse their authority when there are sudden and recovery drops. Investors should use wisdom when dealing with unexpected markets and consider using tools such as stopping orders to reduce their risks.
XRP later returned beyond $ 2, but the issue of whether this is a step planned or still corrected the normal market for discussion.
Distinctive image from Gemini Imagen, the tradingvief chart