Ripple 
$2’s altcoin, XRP, is drawing attention in the crypto market due to sharp price movements. As of February 10, 2025, XRP traded at $2.39, fluctuating between $2.32 and $2.50 throughout the day. The recent spike in spot influxes to exchanges, combined with negative market sentiment, has placed pressure on XRP’s price. Experts caution that investors should remain vigilant in this volatile environment.
What Do Increased Inflows to Exchanges Indicate?
On February 6, 2025, over $15 million worth of XRP was transferred to centralized exchanges such as Bybit and Kraken. These transfers suggest that investors are moving their assets to exchanges for selling purposes. This could lead to increased selling pressure on the price of XRP in the short term.
High-volume transfers of XRP to exchanges are generally interpreted as signs of preparing for sales. Investors should monitor these inflows closely. If the spot influx continues to rise without balancing demand, there is a risk that XRP could lose critical support levels, particularly if it falls below $2.30, which may trigger deeper sell-offs.
XRP Price Analysis: Bearish Signals Intensify
XRP’s futures market shows negative funding rates that support bearish expectations. As of February 6, the 8-hour funding rate was measured at -0.0065, indicating a prevailing short position among investors, who expect the altcoin to lose value. Unlike major cryptocurrencies like Bitcoin 
$94,770 and Ethereum 
$1,805, which exhibit more stable funding rates, XRP’s negative funding suggests stronger bearish sentiment among investors.
Technical indicators further substantiate this outlook. XRP is trading below its 10-day and 21-day exponential moving averages (EMA), suggesting that the downtrend may persist. Support levels are identified at $2.30 and then $2.20, while resistance levels are at $2.50 and $2.70.
What Should Investors Do?
XRP’s price movements continue to be influenced by developments in Bitcoin and the overall crypto market. Regulatory uncertainties and cautious investor approaches toward the altcoin may further heighten volatility. Although there is potential for a short-term recovery, losing the $2.30 mark could lead to a more significant downturn.
It is crucial for investors to prioritize risk management while seeking opportunities in adverse market conditions. Key indicators for a possible recovery include a reversal of negative funding rates to positive and a decrease in spot inflows to exchanges.
