#Ripple

$XRP Price Reversal on the Horizon? Whales Move 80M+ Tokens Off Exchanges! 🚀

XRP is making waves as large holders shift over 80M tokens from exchanges to cold storage, signaling a long-term holding strategy. 📈 According to Glassnode, exchange supply dropped from 4.45B to 4.25B between July 23-26, suggesting confidence despite recent price dips.

Currently at $3.15, XRP is down 3% in 24 hours and 9% over the past week, following a high of $3.65 on July 18. A massive $845M in single-day losses coincided with a Ripple co-founder’s $140M sell-off, adding pressure. 😬 Analyst Ali Martinez notes $3.15 as a key support level, with a potential dip to $3 offering a “buy-the-dip” opportunity.

Despite the sell-off, trading volume remains robust at $6.2B. The BBTrend at 27.66 shows growing buying interest, and RSI cooling to 59 from 72 suggests stabilization. Are we nearing a reversal? 👀