📉 XRP Dives — What You Need to Know
XRP just faced a major pullback — sliding from $3.65 to $3.00. What caused the sudden drop? Let’s break it down clearly:
🔍 Key Reasons Behind the XRP Fall:
🔁 Whale Movement:
Ripple co-founder reportedly transferred $175M worth of XRP to exchanges. That's a big move — and markets noticed.
💣 Massive Liquidations:
Over $113 million in long positions were wiped out in just 24 hours. That's a clear sign of aggressive selling pressure.
📉 Altcoin-Wide Correction:
It’s not just XRP. The entire altcoin market is pulling back — a typical post-rally cooldown phase.
📊 Falling On-Chain Activity:
Active XRP wallet addresses dropped by 44%, suggesting declining short-term user demand.
🔄 Crash or Opportunity?
Despite the fall, support seems to be holding strong between $2.95 and $3.00. If that zone holds, we could see a rebound toward $3.25 or even $3.55.
🤔 What’s Your Strategy?
🛒 Buying the dip?
📉 Waiting for a deeper correction?
🚫 Done with XRP for now?
Let me know your thoughts in the comments — I’m watching this closely.
