🔴 $XRP Facing Intense Selling Pressure – What’s Next?
Over the past 24 hours, South Korea’s Upbit offloaded more than 40 million $XRP, marking one of the largest single-day sell-offs. This heavy selling has pulled prices lower, showing how quickly markets can shift when large players or exchanges make major moves.
📉 Short-Term Outlook:
The chart is currently weak, with liquidity dipping into lower support zones. Continued selling could push XRP down further before finding a stable base.
📈 On the Flip Side:
Sharp sell-offs like this often flush out weak hands — potentially laying the groundwork for a stronger, more stable recovery.
💡 My Take:
This looks more like a caution signal than a reason to panic. Historically, XRP moves in powerful cycles: sharp rallies followed by deep corrections.
🔁 Long-term holders — stay patient.
📊 Short-term traders — consider waiting for confirmation before re-entering.