🚨 $XRP Profit-Taking Alert 🚨
Early holders have been selling off $68.5 M/day after 300%+ gains—a classic “top-heavy” setup that could trigger a 30–35% pullback if unchecked.
🔍 Key Levels:
• Resistance: $0.85 – $0.88 (where whales have been offloading)
• Support: $0.60 – $0.62 (last buying zone)
🎯 Trade Plan:
Short-term short around $0.86 – $0.88
Stop-loss at $0.90
Take-profit staggered:
50% at $0.75 (first support)
50% at $0.62 (deep correction)
⚡️ Why It Matters:
• Growing institutional interest could cushion deeper drops…
• But profit-taking whales still dominate near-term flows.
Trade smart, manage risk, and keep an eye on whale wallets!
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