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Veteran crypto trader Peter Brandt says XRP’s (XRP) fate hinges on a descending triangle and whales aren’t helping.
XRP price holds firm at $2.79 as traders watch a tightening range between $2.79 and $2.83 for an imminent breakout.
XRP ETF approval expectations push institutional accumulation as XRP holds $2.86, with Ripple’s bank charter review adding to October optimism.
XRP ( XRP -13.84%), the native cryptocurrency of the XRP Ledger, reached a record high price of $3.84 on Jan. 4, 2018. That marked a gain of more than 70,000% over its previous five years.
Ripple's XRP gains momentum as investors weigh whale activity and Ripple's SEC case win amid renewed price predictions for 2025.
Ripple (XRP) trades near $2.80 after defending key support as whale accumulation increases, signaling a possible rebound toward $3.
XRP sell pressure grows with weakening on-chain data and falling Open Interest, raising the risk of a decisive retest of the $2.72 support zone.
According to blockchain analytics firm Santiment, XRP is currently experiencing the highest level of retail FUD (fear, uncertainty, and doubt) it has had in the past six months — similar to when President Trump made tariff announcements earlier in the year.
RippleNet, Ripple's most widely adopted product, doesn't require banks to hold or even briefly touch XRP. They get much of the speed advantages, the cost savings, and the efficiency gains while continuing to use their preferred currencies.
Large holders have been dumping millions of dollars in XRP daily, increasing selling pressure and raising the chances of a deeper correction.
Whale XRP Sell-Offs Stop Abruptly With Exodus Into This Ripple Competitor For 35,000% ROl In 3 Weeks
For weeks, the crypto markets had been rattled by relentless XRP sell-offs. Whales, those holders controlling millions in Ripple, had been offloading stakes, le