Ayesha
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According to Ali Charts, XRP Price recently broke the $2.07 support, prompting the market to focus on the $2.05–$1.90 demand zone. Despite strong inflows into XRP ETFs, nearly $850 million since launch, short-term price pressure remains. Unless XRP climbs back above $2.07–$2.11, the price is likely to stay under pressure.
The TD Sequential indicator recently issued a buy signal on XRP’s weekly chart, suggesting that selling may be slowing. With whales accumulating and XRP holding above the $2 support, traders are watching for a possible rebound.
Historically, similar conditions in late 2018–early 2019 preceded significant XRP rallies, with whales accumulating during periods of stagnbnation before a bull cycle.
XRP has been slowly trending down, and overall market sentiment remains neutral to negative. However, several important signs are starting to strengthen. Whale accumulation has reached a 7-year high, institutional inflows through ETFs are growing, and selling pressure is decreasing.
XRP whale holdings will be crucial. If holdings drop sharply, it could signal whales selling into strength. But if accumulation continues alongside price recovery, it suggests strong confidence in XRP’s long-term growth.
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