XRP Flashes 3 Warning Signs as Big Buyers Step Back
October has tested crypto markets, and XRP (XRP) price has struggled to keep its footing. The token has dropped by double digits this month, including a 4.81% slide over the past week to $1.30. The decline comes as XRP flashes 3 bearish signs at once. Whales are withdrawing less from exchanges, more tokens are landing The post XRP Flashes 3 Warning Signs as Big Buyers Step Back appeared first on…
XRP has fallen by double digits in October, including a 4.81% drop over the past week to $1.30. The decline coincides with three bearish technical and on-chain signals, notably large holders (whales) reducing their accumulation activity and more tokens moving onto exchanges. Traders would read the combination of weakening whale demand and rising exchange supply as a near-term selling-pressure risk for XRP.
