Ripple Price Steadies Near $1 Amid Whale Transfer Decline
XRP's price has steadied near $1 after a 3.2% drop over the past week.
Whale transfers to Binance have fallen to $61 million on a three-month average, the lowest since 2021.
This reduction in whale inflows may indicate less immediate selling pressure, but technical indicators paint a different picture.
A low RSI and declining price structure suggest weak demand and bearish sentiment, making recovery uncertain for now.