📉 $XRP – Fire Sale $256M But Not Down for the Count

📌 In the past 24 hours, XRP experienced a panic sell of over $256M, equivalent to more than 116 million XRP being pushed into the market. The price dropped nearly 8% but remains above the important support area around $0.52.

📌 Surprisingly, the funding rate remains positive, indicating that long positions are not panicking — on the contrary, they are expecting a short-term technical bounce.

📌 If XRP holds the $0.52 level and breaks above $0.55, the technical structure will reverse — opening up the opportunity for a recovery to the $0.58–$0.60 area.

📌 Even more positive signals: whales have significantly reduced selling pressure over the past month, helping to stabilize liquidity and create a potential accumulation zone.