XRP's Wild Ride: Profit-Taking, Whales, and What's Next ๐ŸŽข

๐Ÿ“‰ XRP Under Pressure: What's Behind the Recent Selloff?

XRP's been on a rollercoaster lately. Here's what you need to know:๐Ÿ”‘ Key Points:

  • XRP hit $3.38, then faced heavy selling

  • Profit-taking in full swing (409.47% MVRV ratio!)

  • Whales sold 160M tokens ($500M) in one day

  • Technical indicators point to weakening uptrend

  • CME rules out XRP futures, dampening institutional interest

๐Ÿ”ฎ What's Next?

  • $2.95 support level being tested

  • Long-term holders keeping prices from plummeting

  • SEC litigation still casting a shadow

Want the full analysis and our expert predictions?

Darr

P.S. Is this a dip to buy or a trend to watch?