{"id":8146,"date":"2025-11-05T19:13:11","date_gmt":"2025-11-05T19:13:11","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/84-of-xrp-sell-pressure-comes-from-korea-as-2-looms-analyst-warns\/"},"modified":"2025-11-05T19:13:11","modified_gmt":"2025-11-05T19:13:11","slug":"84-of-xrp-sell-pressure-comes-from-korea-as-2-looms-analyst-warns","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/84-of-xrp-sell-pressure-comes-from-korea-as-2-looms-analyst-warns\/","title":{"rendered":"84% Of XRP Sell Pressure Comes From Korea As $2 Looms, Analyst Warns"},"content":{"rendered":"<p>XRP\u2019s latest downswing has dragged price into a cluster of long-term volume and mean-reversion levels, with one prominent market technician flagging Korea as the epicenter of near-term spot selling.<\/p>\n<h2>XRP Faces Crucial Support<\/h2>\n<p>In charts <a href=\"https:\/\/x.com\/traderview2\/status\/1985728567947248015\" target=\"_blank\" rel=\"noopener nofollow\">shared<\/a> over the past 24 hours, trader Dom (@traderview2) said XRP has \u201creached the 12M rVWAP for the first time this year,\u201d adding that it \u201creally isn\u2019t a level we want to be trading under for awhile.\u201d He warned that if bulls lose that 12-month rolling VWAP, \u201cwe are looking at the range low of $2 as the next area of interest,\u201d whereas a swift recovery would require \u201c$2.50 [to] regain to get out of danger area.\u201d<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-849222\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/G463Z9-XsAA-tgn.png?resize=1024%2C620\" alt=\"XRP 12-month rVWAP\" width=\"1024\" height=\"620\" \/><\/p>\n<p>Dom also pointed to order-book composition: \u201cSpot orderbooks are skewed towards bids right now which is positive, but snapping the local low will likely send us back to $2 where the rest of the bids sit.\u201d<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-849223\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/G4644iYXUAAAyJO.jpg?resize=1024%2C495\" alt=\"Spot orderbooks\" width=\"1024\" height=\"495\" \/><\/p>\n<p>Dom\u2019s VWAP-suite chart places spot price pressing directly into the 12-month rolling VWAP ribbon after failing to sustain above the prior distribution shelf, a configuration that often separates trending from mean-reverting phases. Testing this line for the first time this year is notable because multi-month rVWAPs act as dynamic fair-value proxies; sustained closes below them historically coincide with further probing of high-volume nodes beneath.<\/p>\n<h2>Korea Dictates The XRP Price Move Once Again<\/h2>\n<p>The geographic concentration of selling has amplified the risk of a deeper tag of that range. Dom said the bulk of the spot pressure was exchange-specific: \u201cThey do NOT look happy over there in Korean\u2026 84% of all the spot sell pressure over the last 2 days has came from Upbit.\u201d<\/p>\n<p>A cumulative volume delta (CVD) breakdown by exchange corroborates the outsized role of the Korean venue, with Upbit\u2019s CVD line deeply negative while Binance, Coinbase, Bybit, OKX, Kraken and Bitstamp hover comparatively flat near the zero line. In practical terms, that mix indicates real-coin distribution flowed predominantly through the KRW corridor even as other USD- and USDT-based venues showed less aggressive net selling.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-849221\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/G47BRXwXwAAEKU6.jpg?resize=957%2C640\" alt=\"XRP spot Cumulative Volume Data\" width=\"957\" height=\"640\" \/><\/p>\n<p>A separate high-timeframe chart from IncomeSharks frames the downside magnet with simple clarity. The analyst posted a daily XRP\/USD view with a broad demand zone centered just under $2.00 and commented: \u201cXRP \u2014 If you missed it under $2 you\u2019ll probably have a chance to bid it again.\u201d<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-849220\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/G47PC6ua8AEFKwD.png?resize=1024%2C557\" alt=\"XRP price analysis\" width=\"1024\" height=\"557\" \/><\/p>\n<p>The chart highlights how the late-summer impulse failed to retake overhead resistance and how subsequent lower highs left a clean air pocket toward the December\u2013March value area that begins around the psychologically dense $2.00 handle. The analyst expects a retracement as low as $1.80-$1.70 if the psychological important $2 mark doesn\u2019t hold.<\/p>\n<p>At press time, XRP traded at $2.21.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-849494\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/XRPUSDT_2025-11-05_11-56-22.png?resize=1024%2C473\" alt=\"XRP price\" width=\"1024\" height=\"473\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP\u2019s latest downswing has dragged price into a cluster of long-term volume and mean-reversion levels, with one prominent market technician flagging Korea as the epicenter of near-term spot selling. XRP Faces Crucial Support In charts shared over the past 24 hours, trader Dom (@traderview2) said XRP has \u201creached the 12M rVWAP for the first time&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8147,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[40,46,47,147,149],"class_list":["post-8146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-analysis","tag-xrp-technical-analysis"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/8146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=8146"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/8146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/8147"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=8146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=8146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=8146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}