XRP Price Forecast March 12 - Role of Whales in Moving XRP Price
2025-03-11
At the time of writing, XRP price has yet to break through $3.16, extending its downward flat trend.
On the other hand, there is news that there is a fairly large XRP whale movement, will the whale movement make a change in XRP price tomorrow?
Get XRP price forecast for March 12 in this article.
XRP Price Overview Today, March 11
Today, XRP is experiencing a mix of volatility and strong trading activity. Currently, the price of XRP stands at $2.11, reflecting a 2.02% decline over the past 24 hours.
Despite this drop, the market remains active, as evidenced by a significant surge in 24-hour trading volume, which has increased by 31.94% to reach $9.61 billion.
This suggests that traders are actively responding to market fluctuations, possibly taking advantage of short-term price movements.
XRP’s market capitalization has decreased to $122.71 billion, reflecting the overall price dip.
Meanwhile, its fully diluted valuation (FDV) stands at $211.42 billion, indicating the asset's potential if the total supply were to be fully in circulation.
With a circulating supply of 58.04 billion XRP, the token remains a key player in the cryptocurrency market.
Market Behavior and Price Movement
XRP’s price saw an initial high near $2.1653 before experiencing a downward correction. The dip was notable, with XRP hitting a low close to $1.90 before showing signs of recovery.
The price fluctuations reflect a high level of volatility, with both buyers and sellers actively engaging in the market.
Despite the price decline, the volume-to-market cap ratio of 7.8% suggests strong liquidity and ongoing interest from traders.
This could indicate that investors are either repositioning their holdings or anticipating a potential price rebound in the near future.
XRP Price Forecast March 12, 2025
As of March 11, 2025, XRP is trading at $2.11, experiencing a 2.02% decline in the last 24 hours.
However, despite this drop, the trading volume has surged by 31.94% to $9.61 billion, indicating strong market activity.
This suggests that traders are engaging in high-volume transactions, which could contribute to increased volatility in the short term.
Read Also: How to Buy XRP (XRP)
The price movement shows that XRP initially hit a high of $2.1653 before dipping near $1.90, followed by a slight recovery.
This volatility suggests that the asset is experiencing both buying pressure and profit-taking activities, leading to price fluctuations.
Key Factors Influencing XRP Price on March 12, 2025
Increased Trading Volume – The significant increase in trading volume (+31.94%) suggests heightened interest and liquidity, which could drive price swings in either direction.
Volatility Patterns – With XRP experiencing a notable dip followed by a recovery, the market may continue testing support and resistance levels.
Market Sentiment – If traders view the recent dip as a buying opportunity, XRP could attempt to break above its recent high of $2.1653. However, further downside pressure could push it below $2.00 if bearish sentiment persists.
Support & Resistance Levels – The key support level to watch is around $1.90, while resistance is near $2.15-$2.20. If XRP sustains buying momentum, it could test resistance levels again.
Short-Term Price Prediction for March 12, 2025
Bullish Scenario: If buyers continue to step in and XRP holds above $2.00, we could see a recovery towards $2.15 - $2.20. A break above $2.20 could open the door for further gains.
Bearish Scenario: If selling pressure persists and XRP drops below $2.00, we could see a retest of $1.90 or lower, especially if market sentiment remains weak.
Neutral Scenario: XRP could consolidate between $2.00 - $2.15, awaiting further catalysts before making a decisive move.
Given the current market behavior, XRP is likely to remain volatile on March 12, 2025, with potential movements between $1.90 - $2.20 depending on buying and selling pressures.
A close watch on trading volume and broader market trends will be essential in determining whether XRP can sustain a rebound or face further corrections.
Role of Whales in Moving XRP Price
Recent data indicates significant activity among XRP whales, with notable large-scale transactions occurring amidst market fluctuations
On March 10, 2025, a substantial transfer of 167,075,744 XRP (approximately $367.69 million) was executed between unknown wallets.
The purpose of this transfer remains unclear, leading to speculation about potential institutional movements or over-the-counter trades.
Similarly, on March 8, 2025, another large transaction involved 150,000,000 XRP (valued at around $380 million) moving between unknown wallets.
Such significant transfers often attract attention due to their potential impact on market dynamics.
These whale activities coincide with a period of heightened volatility for XRP. Over the past week, XRP's price has declined from $2.62 to a low of $2.09, marking a 20% drop.
Read Also: Why Whale Buying Isn't Lifting XRP's Price
Despite this downturn, trading volume has surged by 98.18%, reaching $7.8 billion, indicating sustained investor interest
The recent movements by XRP whales underscore the importance of monitoring large transactions, as they can provide insights into market sentiment and potential price trajectories.
Investors should remain vigilant and consider these developments when making informed decisions.
Final Note
As XRP continues to navigate a volatile market, its price forecast for March 12, 2025, remains uncertain, with potential swings between $1.90 and $2.20.
The recent 31.94% increase in trading volume suggests heightened investor activity, but the 2.02% price decline indicates market hesitation.
A key factor influencing XRP’s short-term price movement is the significant whale activity observed in recent days.
Massive transactions, including a 167M XRP transfer (~$367M) and a 150M XRP transfer (~$380M), suggest that large holders are either accumulating XRP or preparing for a major distribution event. These movements can have the following effects:
If whales are accumulating XRP, it could signal confidence in a potential price recovery, increasing demand and pushing XRP toward $2.15-$2.20 resistance levels.
If whales are transferring XRP to exchanges, it could indicate an impending sell-off, potentially causing further price declines, testing the $1.90 support level.
If XRP remains in consolidation, traders may await further confirmation before making significant moves, keeping the price between $2.00-$2.15.
Whale activity plays a crucial role in shaping XRP’s price movement, making it essential for traders to monitor large transactions closely.
If buying momentum picks up, XRP could stage a recovery, but if selling pressure increases, a retest of lower levels is likely
FAQ
1. How will XRP whales impact the price on March 12, 2025?
Whales play a crucial role in XRP price movements. Recent large transfers of 150M+ XRP indicate either accumulation (bullish) or distribution (bearish). If whales continue to accumulate, XRP could test $2.15-$2.20. However, if these tokens are being moved to exchanges for selling, a drop to $1.90-$2.00 is possible.
2. What is the expected price range for XRP on March 12, 2025?
Based on current market trends and whale activity, XRP’s expected trading range is between $1.90 and $2.20.
Bullish case: If buyers absorb sell pressure, XRP may retest $2.15-$2.20.
Bearish case: If large sell-offs occur, the price may drop toward $1.90-$2.00.
Neutral scenario: XRP consolidates between $2.00-$2.15 before making a decisive move.
3. Should traders be concerned about the recent price dip?
The 2.02% decline in XRP’s price is relatively small compared to the 31.94% surge in trading volume, which signals strong interest. However, traders should monitor whether whales move XRP to exchanges (bearish) or hold their positions (bullish) to gauge market sentiment.
4. What are the key support and resistance levels for XRP?
Support: $1.90 – A break below this level could lead to further declines.
Resistance: $2.15-$2.20 – If XRP breaks this level, it could aim for higher gains.
5. What should traders watch for on March 12, 2025?
Whale Transactions – If large transfers move to exchanges, expect selling pressure.
Trading Volume – If volume remains high without a price rebound, further corrections could happen.
Breakout or Breakdown – A move above $2.20 signals a bullish reversal, while a drop below $2.00 suggests continued bearish pressure.
Disclaimer: The content of this article does not constitute financial or investment advice.
