Two On Chain Indicators Flash Warnings for Ripple as Whales Exit and Network Activity Drops Sharply

According to Arzdigital, published Saturday, September 12, 2026 (21 Shahrivar 1405), Ripple's XRP token fell sharply after peaking at $1.70, losing the key $1.40 support level. According to analyst Ali Martinez, citing Santiment data, whales who had accumulated 400 million tokens sold or redistributed about 90 million XRP over the past week, while the network's daily active addresses fell more than 90 percent, from 388,492 to 38,163.

Martinez nonetheless assessed the $1.35 zone as strong support that, if held, could set up a move to $1.60 to $1.68. Another analyst, Celal Kucuker, citing Fibonacci patterns, floated a scenario of a 600 percent rally if the current downward channel breaks, a view that remains an analytical projection rather than a forecast of fact.