XRP Faces Selling Pressure: Drops Below $1.35 as Whale Transactions Decline
— Coin Türk
XRP has entered a bearish phase in the short term after falling below $1.35.
XRP dropped to $1.336 after losing the $1.35 support within 24 hours, entering a bearish phase in the short term.
- Whale transactions have decreased by 57% over the past nine days, leading to cautious behavior among investors.
- CME Group plans to launch 24/7 XRP futures contracts soon.
- The critical support level for XRP is being monitored at $1.30.
XRP's decline below $1.35, combined with the drop in whale transactions, could increase selling pressure and lead to further price declines.