$XRP šKey Support Test as Whales Accumulate Amid Market Turbulence!
TheĀ XRP/USDTĀ pair is trading atĀ $2.90Ā (-3.66% in 24h), battling to hold theĀ $2.85ā$2.91Ā support zone after a brutalĀ -18.69% monthly drop. Despite the bearish pressure, XRPāsĀ $172.5B market capĀ andĀ $6.92B 24h volumeĀ signal robust liquidity, with Binance dominatingĀ 47% of trades.
Key Drivers:
Whale Activity:Ā Large buys detected nearĀ $2.85, including aĀ 687K XRP orderĀ on Binance.
Technical Crossroads:Ā RSI nears oversold territory, with resistance atĀ $3.02Ā (24h high). A break above could targetĀ $3.35.
Regulatory Overhang:Ā SEC delays on XRP ETF decisions until October 2025 weigh on sentiment, but a court dismissal in Rippleās case could ignite a rally.
Pro Tip:Ā Scalp theĀ $2.85ā$3.02Ā range. Long-term? Accumulate belowĀ $2.90Ā for a potentialĀ +20% bounce.
š Will XRP defy the bears? Watch the $2.85 hold!Ā
*Trade responsibly!*Ā š
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