XRP Faces Zero Buy Pressure Amid Heavy Selling

The XRP market witnessed what analyst EGRAG CRYPTO described as an unprecedented event on September 30, 2025, when a 15-minute XRP/USD chart showed sell volume reaching 37,560 while buy volume remained at absolute zero. This complete absence of buying activity resulted in a delta reading of -200%, indicating total seller dominance in the market. During this period, the price fell from approximately $2.91 to $2.85, with technical indicators turning bearish as short-term moving averages were broken and volume sentiment dropped to -5.00%.

EGRAG CRYPTO’s analysis highlighted the extraordinary nature of this market behavior, noting that he had never seen such conditions before. The complete lack of buy orders, even for a single XRP token, raised immediate concerns about potential market manipulation and extreme selling pressure. Meanwhile, CRYPTOWZRD provided additional context, noting that while XRP’s daily candle closed slightly bullish, the XRP/BTC pair moved lower as Bitcoin’s dominance increased, suggesting broader market dynamics were at play.

Technical analysis reveals critical resistance levels at $3.15 and $3.65, with daily support established near $2.75. On intraday charts, the price was hovering above $2.8850, with analysts suggesting that a move higher toward $3.01 could help secure ongoing trades. However, if the price slips below $2.8850, it may lead to more sideways movement. CRYPTOWZRD emphasized that XRP’s next significant move will likely follow Bitcoin’s broader trend, and many traders are waiting for more clarity before taking decisive positions.

Data from Coinglass, shared by analyst Steph Is Crypto, shows liquidity zones building below the $3.00 mark, with the strongest areas of interest appearing between $2.50 and $2.00. These zones contain large resting buy orders that could attract price movement downward to fill pending orders before any potential upward move. Steph Is Crypto questioned whether this liquidity structure indicates ‘a final dump’ is imminent, noting that the heatmap reflects typical behavior preceding a liquidity sweep.

Despite the apparent selling pressure and bearish technical indicators, CryptoPotato reported significant accumulation by whale wallets holding between 10 million and 100 million XRP. These large holders accumulated more than 120 million tokens in the past 72 hours, suggesting strategic positioning during the recent market downturn. This accumulation pattern indicates that sophisticated investors may be using the price weakness to build positions, potentially anticipating future price appreciation.

Several spot XRP ETF applications are currently under review by U.S. regulators, with Grayscale’s application due for review on October 18, 2025, and others scheduled through mid-November. Market participants are closely monitoring these regulatory decisions, as approval could significantly influence future buying activity and price direction. The pending ETF decisions represent a potential catalyst that could reverse the current negative sentiment and attract institutional buying interest.

The current market conditions present a complex picture for XRP traders and investors. The complete absence of buy orders combined with heavy selling pressure has created what analysts describe as a highly unusual scenario that could indicate either market manipulation or a fundamental shift in sentiment. The -200% delta reading and zero buy volume represent extreme market conditions that typically precede significant price movements in either direction.

Traders are now watching multiple factors simultaneously: the liquidity zones between $2.50 and $2.00 that could attract downward price movement, the key support level at $2.75 that must hold to prevent further declines, and the pending ETF decisions that could catalyze renewed buying interest. The accumulation by whale wallets suggests that some market participants see current levels as attractive for long-term positioning, even as short-term technical indicators remain bearish.