Trading Insight_Research
--
XRP Whales Sell $780 Million Will Price Fall Below $2
$XRP is struggling to hold the $2.00 mark between two opposing bullets.
🔹 Large wallet have dumped more than 390 million $XRP (~$783 million) in the past week, creating heavy downward pressure on the price.
🔸 Long term holder (1-2 year) have increased their holding to 9.81%, acting as a buffer to prevent the price from collapsing immediately.
🔹 The price is moving sideway in the $2.00 - $2.20 range. If the $1.94 support is broken, $XRP is at risk of sliding further to $1.85.
Do you think long term holder can withstand the nearly $1 billion selling pressure from whales?
Follow Trading Insight_Research for updates on further movements. News and information are for reference only, not investment advice. Please read carefully before making a decision.
🔹 Large wallet have dumped more than 390 million $XRP (~$783 million) in the past week, creating heavy downward pressure on the price.
🔸 Long term holder (1-2 year) have increased their holding to 9.81%, acting as a buffer to prevent the price from collapsing immediately.
🔹 The price is moving sideway in the $2.00 - $2.20 range. If the $1.94 support is broken, $XRP is at risk of sliding further to $1.85.
Do you think long term holder can withstand the nearly $1 billion selling pressure from whales?
Follow Trading Insight_Research for updates on further movements. News and information are for reference only, not investment advice. Please read carefully before making a decision.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.