The Currency analytics

XRP Price on Edge as Whale Selling Challenges ETF Optimism

By Evie Vavasseur

XRP has recently found itself under significant pressure as whale activity intensifies, threatening to overshadow optimism surrounding a potential spot XRP ETF…

The increased whale activity comes at a time when anticipation for a spot XRP ETF remains high. Market participants are closely watching the Securities and Exc…

Technical analysis further complicates the picture. Veteran chart analyst Peter Brandt recently highlighted XRP as a potential short candidate, pointing to a d…

The juxtaposition of technical bearishness with ETF optimism has created a highly volatile environment. Analysts note that even if the SEC approves a spot XRP …

CryptoQuant data reinforces these concerns, showing consistent net outflows from whale wallets since early 2024. Using a 30-day moving average, the platform in…

Despite these challenges, not all indicators point to imminent losses. XRP’s market structure shows strong psychological support near the $2.70 level, with imm…

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