Whales are once again offloading XRP at scale, triggering fresh concerns about market stability as prices hover above $3. New data from CryptoQuant shows that large holders have been withdrawing an average of $28 million per day over the past 90 days. This trend suggests a sustained distribution phase, despite the asset’s recent rally. XRP…
Ripple’s XRP shows signs of weakening bullish support as its price continues to move sideways with the leading coin, Bitcoin. Despite holding its range since last Thursday, two key on-chain metrics have declined over the past week. This drop suggests cooling investor interest, increasing the risk of a potential downside move. New Wallets Vanish, Futures…
XRP has recently faced a sharp drop from its all-time high (ATH), with the price stabilizing within a sideways trend. The altcoin is currently holding above the crucial $3 support, which has acted as a psychological level for investors. However, with increasing sell-offs, XRP could struggle to maintain this support in the coming days. XRP…
XRP has recently been trading sideways, hovering near its all-time high (ATH) of $3.66. Despite a slight downturn, the altcoin’s price remains poised for a possible reversal, with accumulation picking up pace. This shift in market sentiment could propel the XRP price to its ATH, further fueling optimism. XRP Investors Begin Accumulating Again XRP has…
XRP has been one of the standout performers in the crypto market over the past month. Its price has soared by 72% amid a broader altcoin rally fueled by Bitcoin’s march to new all-time highs. However, two critical on-chain indicators now suggest that this uptrend may be losing steam, raising the risk of a near-term…
XRP recently hit a new all-time high before entering a period of sideways consolidation. The cryptocurrency has struggled to break past resistance but has also managed to avoid a major correction. This equilibrium, however, may not last much longer as investor behavior signals a shift in momentum. XRP Investors Are Not Confident Investors have started…