⚡ XRP/USDT Price Watch: Sideways Action as Whales Unload
is consolidating near $3.27, up 1.87% in the past 24h. Despite bullish attempts, heavy whale distribution and strong resistance at $3.60 are stalling momentum.
📌 Price: $3.27
📉 24h Change: +1.87%
🔍 4H Technical Snapshot
Trend: Sideways to mildly bearish — stuck in a $3.24–$3.66 range
Support: $3.2461 (24h low), $2.70 (July swing support)
Resistance: $3.3475 (24h high), $3.60 (double-top zone)
Signals:
Double-top near $3.60 — classic bearish reversal sign
RSI: 50.27 — neutral, showing market indecision
Volume: 3M+ trades, but fading momentum = buyer fatigue
MAs: MA(5) & MA(10) flattening — confirming range-bound action
📰 Market Drivers
Legal Win: Ripple defeats SEC — removing key regulatory risk
Whale Moves: Large holders selling, echoing Jan’s crash setup
Dormant Coins: “Age Consumed” spikes hint at early investors cashing out
ETF Buzz: WisdomTree & others push for spot XRP ETFs — long-term bullish potential
Partnerships:
RLUSD stablecoin adoption rising
New integrations with OpenPayd & Chipper Cash for global payments
🔮 Short-Term Outlook
XRP is caught between bullish fundamentals and bearish technical pressure.
Bull case: Break above $3.65 flips trend positive
Bear case: Failure to hold $3.15 risks retest of $2.70
💬 Your Take: Will XRP smash through $3.60 — or drop back toward $2.70?
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