The post Ripple moves 250M XRP – Can supply crunch trigger a $2.50 move? appeared on BitcoinEthereumNews.com.

Ripple moved 250M XRP into an unknown wallet, and this action changed the short-term liquidity landscape immediately.  Traders now examine this shift closely because such a large movement often influences circulating supply.  Additionally, the transfer highlights deeper liquidity implications since fewer tokens sit within immediate sell zones. This shift forces traders to evaluate how it blends with tightening reserves across exchanges.  However, uncertainty still surrounds the intention behind the movement, which increases speculation around strategic positioning.  The transfer now shapes the broader setup for XRP price, especially since reduced supply often sharpens market reactions. Can XRP confirm a double bottom at $1.99? XRP created a potential double-bottom around $1.99, and this region now anchors the developing structure. Traders study this zone closely because both lows show strong rejection.  Besides, the chart suggests a possible brief dip toward $1.90, yet the structure still holds strength. Price now approaches the neckline at $2.2443, which remains the key pivot for a stronger advance.  A clean breakout opens space toward $2.5021, which aligns with the projected path. However, confirmation requires strong follow-through and consistent buy activity.  The pattern now gains credibility because several on-chain signals support the structure. Therefore, XRP price approaches a crucial moment. Source: TradingView Buyer aggression strengthens as taker CVD climbs Taker Buy CVD shows strong upward movement, and this signal highlights aggressive buyer behavior. Traders lift offers consistently, and this pressure supports the developing reversal pattern.  Furthermore, buyers show confidence around support, which often strengthens early trend shifts. The CVD curve now rises firmly, and this action aligns perfectly with the double-bottom structure.  However, sellers still attempt to stall momentum around minor resistance, yet buyers continue to absorb pressure. This dynamic grows stronger as liquidity tightens following Ripple’s large transfer.  Traders now rely on this signal as evidence of meaningful…

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Filed under: News - @ December 7, 2025 1:06 am