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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 ( XRP -2.09%), 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.
Large holders have been dumping millions of dollars in XRP daily, increasing selling pressure and raising the chances of a deeper correction.
Ripple (XRP) trades near $2.80 after defending key support as whale accumulation increases, signaling a possible rebound toward $3.
The bull case for XRP seems compelling. After years of regulatory uncertainty, Ripple finally settled litigation with the SEC in August, pav
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.
CME introduces regulated XRP options as institutional demand rises, futures volume grows, and compliant crypto exposure attracts investors.
Ripple (XRP) is receiving a new zeal of positivity. This comes amid recommendations of analysts that the XRP price has the potential to skyrocket to over 10
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
XRP price falls below $2.90, signaling bearish momentum. Analysts warn a break under $2.80 could trigger a deeper decline toward $2.65 support.