XRP Could Slide 22% if Large Investors Keep Selling
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XRP Could Slide 22% if Large Investors Keep Selling
XRP approaches $1.26 support as whale wallets fall from 351 to 339 and exchange balances rise, putting $1.11 and a conditional $0.98 target in focus. XRP is trading close to a support level that could determine whether the latest weakness develops into a deeper correction, as large-holder wallet counts decline and the amount of XRP sitting on exchanges remains elevated.Visit Website
XRP Price Risks 22% Drop as Whale Wallets Fall to 339 in October
XRP price hovered near $1.29 on Oct. 26 as declining whale wallet counts raised selling concerns. Exchange balances also increased, prompting analyst Ali Martinez to warn about further downside. Martinez identified $1.26 as critical support, with $1.11 and $0.98 as potential downside targets. Meanwhile, Dark Defender presented a contrasting Elliott Wave forecast targeting …
Cryptocurrency analyst Ali Martinez, in his latest assessment of Ripple's XRP coin, warned that the price could fall to $0.98 if large investors increase selling pressure. The analyst stated that on-chain data and technical indicators increasingly pose a downward risk for XRP. According to data shared by Martinez, there are between 10 million and 100 million XRP on the XRP Ledger network […] Source: Bitcoinsistemi.com
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BITRSS🚨 As whale selling intensified in $XRP, 12 large wallets withdrew from the market in recent weeks. 📉 XRP balances on exchanges increased from 11.003 billion to 11.05 billion, intensifying selling pressure. 🧭 While XRP held steady around $1.30, the $1.26 level became decisive in the market in the short term. Read More: As whale selling intensified in XRP, 12 wallets withdrew from the market The article "As whale selling intensified in XRP, 12 …
XRP whales move 50 million tokens to exchanges, risk of fall
🐋 XRP whales transferred 50 million tokens to exchanges, raising fears of a sharp drop. 🚨 If large holders keep selling, $XRP could slide towards $0.98 support. 📉 Twelve major wallets have exited, weakening key market defenses for the token. Continue Reading:XRP whales move 5...
Twelve XRP whale wallets exited the 10-100 million token range; the number dropped from 351 to 339. The exchange balance increased to 11.05 billion tokens, with a target of $0.98.
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