Here’s Why XRP Failed to Sustain Recent Upward Trend

By: times tabloid|2025/05/05 20:00:08
0
Share
copy
XRP’s recent struggle to maintain upward momentum has drawn attention across the crypto community, particularly in light of heavy selling activity that’s dominated spot markets over the past week. According to Dom, a crypto market observer posting on X, the digital asset has been facing a wave of selling pressure that has effectively suppressed its ability to break out despite broader market optimism.$XRP spot flowsWe have seen a large amount of market selling over the last week, which is why $XRP has failed to see any sustained upward moves-132M $XRP net market sold Upbit saw the most market sold (-57M $XRP) pic.twitter.com/MrMzEakphH— Dom (@traderview2) May 4, 2025Spot Market Outflows Undermine Price ActionA key factor in XRP’s muted price behavior has been the scale of net market selling. Over the last seven days, a net total of 132 million XRP has been sold across spot markets. This volume of outflows has significantly outweighed buying interest, thereby nullifying any bullish technical signals or momentum that might have otherwise sparked a rally. Dom’s analysis points to this net sell pressure as the primary reason XRP has failed to gain traction, even as other altcoins have seen relief rallies or localized breakouts.Upbit Leads in Net Selling ActivityBreaking down the numbers further, Dom highlighted that South Korea’s Upbit exchange was responsible for the largest share of market-sold XRP during this period. The platform recorded 57 million XRP sold net of buys, making it the single largest contributor to the bearish spot flow imbalance. This suggests that a substantial portion of the downward pressure on XRP’s price stems from regional markets, possibly reflecting profit-taking or repositioning among Korean traders.The dominance of Upbit in this market activity also underscores the importance of monitoring regional exchange flows when evaluating XRP’s price potential. South Korea has historically played a pivotal role in driving volume for XRP, and trends within its trading community can heavily influence global sentiment and price direction.We are on twitter, follow us to connect with us :- @TimesTabloid1— TimesTabloid (@TimesTabloid1) July 15, 2023Short-Term Weakness, Long-Term QuestionsThe current situation raises key questions about XRP’s near-term outlook. While the token remains one of the most traded digital assets globally and continues to be integral to Ripple’s broader ecosystem and cross-border initiatives, its spot market dynamics suggest that traders are currently more inclined to offload holdings than accumulate. Whether this trend is a temporary correction or a signal of deeper hesitation remains to be seen.What is clear, however, is that market structure and liquidity flows continue to play a critical role in determining price action. Dom’s data-driven breakdown offers a cautionary lens through which to interpret XRP’s price stagnation—not as a failure of fundamentals, but as a byproduct of immediate supply-demand imbalances.Until net inflows begin to consistently outpace outflows, XRP’s attempts to mount a meaningful recovery may remain stalled. Traders and investors alike will be watching closely for a shift in sentiment, especially from influential exchanges like Upbit, to determine whether this period of suppression will give way to renewed bullish momentum.Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.Follow us on Twitter, Facebook, Telegram, and Google News The post Here’s Why XRP Failed to Sustain Recent Upward Trend appeared first on Times Tabloid.

You may also like

What Is Vibe Coding? How AI Is Changing Web3 & Crypto Development

What is vibe coding? Learn how AI coding tools are lowering the barrier to Web3 development and enabling anyone to build crypto applications.

The parent company of the New York Stock Exchange strategically invests in OKX: The intentions behind the $25 billion valuation

Continuous cases show that cryptocurrency exchanges are becoming a battleground for traditional finance and tech giants, while also serving as an important stronghold for entering the strategic landscape of Web3.

WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

What are the key highlights of this year's Ethereum's most important upgrade, the Glamsterdam upgrade?

The Ethereum Race Against Time, Perhaps Truly a Quest for Revival

March 6 Key Market Update You Can't Miss! | Alpha Morning Report

.Top News: Recent Developments in US-Iran Conflict, Military Action to Escalate Further, Trump Rejects Soleimani's Son Taking Over Token Unlock: $W, $RED

Sell Nvidia, Buy Power Plant: 27-Year-Old AI Investor Earns $5 Billion in One Year

The essence of investment is to find price dislocation in the future that has already arrived but is not yet evenly distributed.

Popular coins

Latest Crypto News

Read more