XRP Under Pressure đ
Ripple ($XRP) is struggling below $3.00, showing weak demand and heavy whale selling.
đ Current Price: $2.85
đ 24H Market Liquidations: $1.7B
đ XRP Liquidations: $74M
đ September whale moves fueled bearish momentum:
Wallets holding 1Mâ10M XRP reduced holdings.
Large wallets 100Mâ1B XRP also trimmed supply.
Active addresses dropped sharply from 581K in June â 31K now.
đ Technical Outlook:
Support: $2.83 (100-day EMA) â $2.70 â $2.59 (200-day EMA)
Resistance: $2.95 (50-day EMA)
RSI dropped from 61 â 44 â bearish momentum
â ïž If sellers dominate, XRP risks falling further. But a rebound above $3.00 is possible if buyers jump in.
What do you think â Bounce back or more downside? đ€
Share your thoughts below đ