$XRP Mixed signals and potential improvements

Buy signal on hourly chart: The TD Sequential indicator recently generated a buy signal on the hourly timeframe, which could anticipate a rebound after a previous drop of 15%.

Accumulation by whales: Significant accumulation has been detected, driving the price towards $3.33, including more than 320 million tokens acquired in just three days.

Technical weakness and correction risks

Bearish consolidation below key moving averages: XRP is trading below the main moving averages (20, 50, 100, and 200 days), with the RSI positioned at 41; these factors create multiple resistance barriers.

Bearish technical patterns detected:

A descending triangle has been identified, suggesting a risk of drop towards support at $2.40.

A setup indicating potential breakdown below levels of $2.80–$2.78 is observed, which could lead to deeper corrections.

Whale selling and neutral momentum: Whales sold nearly 470 million XRP in 10 days, increasing bearish pressure; technical momentum remains in neutral territory, with key supports at $2.86 and $2.70.