Why $XRP

Didn’t Pump Despite a $250M Buying Spree

Despite a $250 million surge in buying volume, XRP’s price failed to break out, leaving traders puzzled. Key reasons include:

Sell-Side Pressure: Large sell orders likely absorbed the buying volume, neutralizing price impact.

Market Sentiment: Overall market conditions remain cautious, limiting speculative momentum.

Whale Strategy: Some analysts suggest whales could be accumulating silently for a delayed push.

Technical Resistance: XRP is facing stiff resistance around $0.55, with failure to break above it stalling momentum.

What’s Next?

If XRP breaks above $0.55 with volume, a bullish rally toward $0.65 could follow.

On the downside, strong support lies at $0.47.

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