🚨 $XRP Profit-Taking Alert: Is a Pullback Coming?
After soaring over 300%, early holders are now cashing out — with over $68.5 million per day in sell pressure. This is a textbook “top-heavy” setup that could trigger a 30–35% correction if the momentum shifts.
🔍 Key Levels to Watch:
Resistance Zone: $0.85 – $0.88 (where whales are offloading)
Support Zone: $0.60 – $0.62 (previous demand area)
🎯 Suggested Trade Setup (Short-Term Strategy):
Entry: Short between $0.86 – $0.88
Stop-Loss: Tight at $0.90
Take-Profit Targets:
🔸 50% at $0.75 (initial support)
🔸 50% at $0.62 (deep retracement)
⚡️ What’s Driving This?
Whale wallets are clearly trimming profits.
Institutional interest is rising — which could limit downside, but for now, short-term flows are still bearish.
🧠 Takeaway:
Be cautious, manage your risk, and monitor on-chain whale activity. This might be a breather before the next big move.