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Technical analysis by aaryamann_shrivastava_bic about Symbol XRP on 7/4/2025

https://sahmeto.com/message/3615162
،Technical،aaryamann_shrivastava_bic

This week, addresses holding between 100 million and 1 billion XRP sold over 600 million XRP worth over $1.2 billion in just 24 hours. The selling activity from these major holders points to a shift in sentiment. With such a large amount of XRPUSDT leaving the hands of long-term holders, the market may struggle to sustain its upward movement.At $2.24, XRP is just under the resistance level of $2.27. This resistance has held strong for over a month, making it the key barrier between XRP and the next significant resistance at $2.32. If XRP fails to breach this level, the altcoin may struggle to continue its recovery and could face a retracement.Breaching $2.27 is crucial for continuing the recovery, but with the selling activity from large holders, it seems unlikely that XRPUSDT will reach $2.32. Instead, a failure to break past $2.27 could send XRP back down to $2.13, testing lower support levels.However...Read More - XRP Whales’ $1.2 Billion Selling Creates Red Flags for Price Recovery

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$2.22
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