$175M XRP Transfer Triggers Panic — Sell or Buy? Key Levels to Watch
XRP Price Alert: Sell or Buy? Key Levels You Should Know
XRP has plunged 13.5% this week—underperforming BTC and ETH—after Ripple co-founder Chris Larsen moved $175M in XRP, with $140M hitting exchanges. This triggered massive profit-taking, as 93% of the XRP supply is now in profit, causing short-term holders to rush for exits.
Now the key question is: Where to sell to secure profits, and where to buy the dip?
Profit-Taking Zones (Potential Sell Levels)
📌 $3.30–$3.60 – This was the recent local top, and strong resistance is expected here. If price rebounds, it may stall again in this zone.
📌 $3.20 – If XRP fails to reclaim this level, it could indicate continued weakness. A conservative exit point if momentum fades.
🔻 Buy-the-Dip Zones (Accumulation Levels)
🟡 $2.80 – Key support aligned with short-term holder cost basis. A common bounce area.
🟡 $2.30–$2.50 – Deeper demand zone. If price breaks below $2.80, this level could offer a solid re-entry for long-term holders.
Final Thought
Don't let FOMO or panic control your trades. Use strategy, patience, and price structure.
✔️ Take profit near resistance
✔️ Buy near proven support levels
✔️ Avoid emotional reactions to whale moves
$XRP remains volatile, but with the right plan, volatility becomes opportunity.
#XRP #CryptoStrategy #BinanceSquareWrite2Earn #Ripple #TradingTips #SupportAndResistance #MarketUpdate