XRP Price Hinges on Whales as CLARITY Act Setback Lingers
XRP's price has been on a wild ride in recent weeks, plummeting from $1.70 to just above $1 after a sharp 8% decline following the CLARITY Act's setback.
According to ChatGPT AI predictions, the token's next move may depend less on headlines and more on what its largest holders do next.
A closer look at on-chain data reveals that whale activity picked up ahead of the rally in August, while Ripple continues to expand its payments, tokenization, and AI offerings.
With XRP currently trading near $1.31, just above a key support zone, experts are keeping a close eye on the 200-day moving average, which has started to flatten after months of decline.