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Crypto

XRP Grapples with Critical Support Amid Whale Accumulation

Guavy AI Editorial Team
Instruments
XRP
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XRP price is struggling to hold above $1.00 support amid a weak technical outlook, according to TMGM trading.

The token's whales are increasing their holdings despite the persistent sell-off, with those holding between 100 million and 1 billion XRP rising to 11.79% of the circulating supply as of Friday.

Risk appetite has improved marginally, but sentiment is still in the Fear territory at 29, up from Extreme Fear on Thursday, according to the Fear & Greed Index.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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