🔴 $XRP Faces Heavy Sell Pressure – What’s Next?
$XRP just saw one of its biggest single-day dumps as South Korea’s Upbit offloaded more than 40 million tokens in the past 24 hours. That move alone dragged the price down sharply and reminded everyone how fragile the market can get when exchanges or whales decide to shift bags.
The chart looks weak in the short term with liquidity being tested around the lower support zones. If sellers continue, XRP could slide further before finding stability. On the other side, this type of flush sometimes clears the way for a healthier bounce once the weak hands are shaken out.
My take: I see this more as a caution signal than a reason to panic. XRP has always been a coin that runs in big waves—massive pumps and harsh dumps. Right now, I wouldn’t chase it blindly. If you’re holding long-term, patience is the key. For quick trades, I’d wait for confirmation before stepping in.
Source: Ainvest
$XRP just saw one of its biggest single-day dumps as South Korea’s Upbit offloaded more than 40 million tokens in the past 24 hours. That move alone dragged the price down sharply and reminded everyone how fragile the market can get when exchanges or whales decide to shift bags.
The chart looks weak in the short term with liquidity being tested around the lower support zones. If sellers continue, XRP could slide further before finding stability. On the other side, this type of flush sometimes clears the way for a healthier bounce once the weak hands are shaken out.
My take: I see this more as a caution signal than a reason to panic. XRP has always been a coin that runs in big waves—massive pumps and harsh dumps. Right now, I wouldn’t chase it blindly. If you’re holding long-term, patience is the key. For quick trades, I’d wait for confirmation before stepping in.
Source: Ainvest
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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