📉 $XRP Price in Danger? Whales Dump 150M Tokens 🐋

🔻 XRP is down 5% in 24 hours, now trading at $2.14, as investors flee risk amid geopolitical tensions. Despite defending the $2 support, a bearish rounding top pattern has emerged, sparking fears of further downside.

📊 The pattern’s neckline at $2.12 was breached after a market-wide crash, pointing to a potential 9% drop to $1.93 — the lowest level in over two months.

📉 Technical indicators confirm the bearish setup. The MACD has moved into negative territory, showing no buyer strength. The on-balance volume (OBV) is also falling, suggesting selling pressure dominates.

🐳 Meanwhile, whale wallets holding 10M–100M XRP have sold off 150M tokens in the past 5 days. Their holdings dropped to 7.49B, the lowest since April — a clear sign of distribution.

📈 A break above $2.33 could invalidate this pattern, especially if optimism builds ahead of the SEC’s XRP spot ETF decision. But for now, the bears are in control.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.