Can XRP buyers trigger a price breakout despite fall in whale activity?

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XRP whale activity has declined sharply, with inflows and outflows weakening across all major value bands on Binance. Average monthly inflows to Binance dropped to roughly 3.6 million XRP, their lowest level on record, suggesting seller exhaustion after months of heavy distribution. XRP price, down over 72% from its $3.66 peak, is currently trading between $1.04 and $1.12, attempting to consolidate above $1. Reclaiming $1.12 remains the key challenge for a sustained recovery towards $1.16. Without recovery in institutional and whale flows, the altcoin is likely to remain range-bound with weaker liquidity limiting both upside momentum and downside conviction.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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