{"id":56698,"date":"2025-07-28T14:25:07","date_gmt":"2025-07-28T14:25:07","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/xrp-forecast-is-the-pullback-over-as-ripple-cto-clarifies-loss-of-xrp-ledger-blocks\/"},"modified":"2025-07-28T14:25:07","modified_gmt":"2025-07-28T14:25:07","slug":"xrp-forecast-is-the-pullback-over-as-ripple-cto-clarifies-loss-of-xrp-ledger-blocks","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/xrp-forecast-is-the-pullback-over-as-ripple-cto-clarifies-loss-of-xrp-ledger-blocks\/","title":{"rendered":"XRP forecast: is the pullback over as Ripple CTO clarifies loss of XRP Ledger blocks?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_RippleNet-and-the-XRP-logo-4-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_RippleNet-and-the-XRP-logo-4-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_RippleNet-and-the-XRP-logo-4-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_RippleNet-and-the-XRP-logo-4-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>The XRP price is currently holding above $3 amid whale accumulation and network growth.<\/li>\n<li>Ripple CTO defends not resetting ledger after early data loss.<\/li>\n<li>A break above $3.30 could trigger a rally toward $4 and beyond.<\/li>\n<\/ul>\n<p>Following the week-long price decline, investors are sceptical about the next XRP move, with most turning to XRP forecasts for any clues.<\/p>\n<p>The third-largest cryptocurrency by market cap has lost over 9% in the past seven days, despite earlier momentum that saw it break above the $3.50 mark.<\/p>\n<p>Amid the market uncertainty, Ripple CTO David Schwartz is in the spotlight with detailed explanations about the long-standing mystery surrounding the XRP Ledger\u2019s missing early blocks \u2014 a topic that has raised both technical and ethical questions within the crypto space.<\/p>\n<h2>Whale activity helping XRP stay afloat<\/h2>\n<p>Despite the recent pullback, XRP has held above the crucial $3.50 psychological level, with strong support building near $2.95.<\/p>\n<p>This stability comes at a time when whale accumulation has intensified.<\/p>\n<p><a href=\"https:\/\/www.coinlore.com\/coin\/ripple\/richlist\">On-chain data<\/a> reveals that large holders, wallets holding between 10 million and 100 million XRP, have increased their total holdings to over 8.3 billion XRP, representing 14% of the circulating supply.<\/p>\n<p>This accumulation is significant because it reduces market volatility and cushions against sharp selloffs.<\/p>\n<p>By limiting the amount of XRP available for sale, whales are effectively providing a price floor.<\/p>\n<p>Consequently, retail investors often follow such movements, anticipating a stronger rally in the near term.<\/p>\n<h2>XRP Ledger sees network growth<\/h2>\n<p>In addition to whale behaviour, network data shows that the XRP Ledger is experiencing a noticeable rise in new wallet creations.<\/p>\n<p>On July 18, daily new addresses peaked at approximately 11,000, and the network has since maintained an average of 7,500 new wallets per day.<\/p>\n<p>This surge signals growing demand and heightened adoption, especially as traders seek faster, low-cost blockchain alternatives.<\/p>\n<p>Moreover, XRP has outperformed Bitcoin over the past month, gaining over 30% against BTC.<\/p>\n<p>This relative strength reinforces bullish sentiment, particularly among investors looking for altcoins with strong technical fundamentals and institutional backing.<\/p>\n<h2>XRP price action battles resistance<\/h2>\n<p>Currently, XRP is trading at $3.24 after bouncing from a low of $2.99 last week.<\/p>\n<p>The 24-hour range remains tight, hovering between $3.17 and $3.32, while the all-time high of $3.65 (set on July 18) still looms as a psychological barrier.<\/p>\n<p>Holding above $2.95, which aligns with the monthly volume-weighted average price (VWAP), is essential for XRP to maintain a bullish structure.<\/p>\n<p>Technical setups indicate that a break above $3.30 could trigger a push toward the $3.82 mark, as projected by Fibonacci extensions.<\/p>\n<p>Notably, prominent trader CasiTrades recently stated that \u201cWhat\u2019s promising is that we have not made a new low. Instead, it appears to have completed a subwave wave 2 of a new trend reaching a deep .854 retrace.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udea8 XRP Tests Critical $3 Support: Is Wave 3 About to Begin? \ud83d\udea8<\/p>\n<p>Unfortunately, <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$XRP<\/a> could not hold the $3.21 resistance, and ultimately has come back down to backtest the $3.00 major support. <\/p>\n<p>What&#8217;s promising is that we have not made a new low. Instead, it appears to have\u2026 <a href=\"https:\/\/t.co\/bVD3HAwRBN\">pic.twitter.com\/bVD3HAwRBN<\/a><\/p>\n<p>\u2014 CasiTrades \ud83d\udd25 (@CasiTrades) <a href=\"https:\/\/twitter.com\/CasiTrades\/status\/1948808930643059016?ref_src=twsrc%5Etfw\">July 25, 2025<\/a><\/p>\n<\/blockquote>\n<h2>Ripple\u2019s CTO explains loss of 32,000 XRP Ledger blocks<\/h2>\n<p>As XRP\u2019s price battles resistance, Ripple\u2019s Chief Technology Officer David Schwartz has responded to renewed scrutiny over the XRP Ledger\u2019s early history.<\/p>\n<p>Specifically, critics have questioned the integrity of the network due to the loss of its first 32,000 ledgers, which span the initial ten days of its existence.<\/p>\n<p>Schwartz explained that the missing blocks were the result of a software bug during the early development stages, when multiple independent ledger streams were created.<\/p>\n<p>One of these streams experienced a failure, leading to unrecoverable data loss. He emphasised that this was a known issue and not an act of fraud or negligence.<\/p>\n<p>Calls to reset the ledger have surfaced repeatedly, particularly from sceptics.<\/p>\n<p>However, Schwartz stated that such a move would have worsened the situation by erasing additional historical data that is currently preserved.<\/p>\n<p>\u201cNothing we could do would restore the missing information,\u201d he wrote in <a href=\"https:\/\/x.com\/JoelKatz\/status\/1948854359674290457\">a recent post on X<\/a>.<\/p>\n<h2>What XRP traders should watch next<\/h2>\n<p>With XRP still up 428% year-on-year and supported by strong fundamentals, the question now is whether the pullback is over.<\/p>\n<p>Whale accumulation, combined with consistent network growth and Ripple\u2019s public response to technical concerns, provides a foundation for confidence.<\/p>\n<p>That said, price must hold key levels. Any break below $2.90 could invalidate the current bullish setup.<\/p>\n<p>Conversely, a move above $3.30 could ignite fresh momentum, potentially targeting $4 in the near term.<\/p>\n<p>For now, XRP\u2019s resilience, transparency from Ripple leadership, and growing adoption suggest that the market may be preparing for its next leg up \u2014 assuming broader sentiment holds steady.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpenguin\">\n        <a href=\"https:\/\/bitcoinpenguins.io\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/bitcoinpenguin\/en.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/xrp-forecast-is-the-pullback-over-as-ripple-cto-clarifies-loss-of-xrp-ledger-blocks\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) The XRP price is currently holding above $3 amid whale accumulation and network growth. Ripple CTO defends not resetting ledger after early data loss. A break above $3.30 could trigger a rally toward $4 and beyond. Following the week-long price decline, [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":56699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/56698"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=56698"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/56698\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/56699"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=56698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=56698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=56698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}