XRP Price Volatility Tamed by Whale Sell Walls Amid Bullish September Outlook
XRP's price movement is being closely watched due to the presence of whale sell walls at key levels, according to market commentary. These whales have been placing buy and sell orders on both sides of the market, limiting sharp price swings.
The sell walls are visible at $1.53, $1.60, and $1.70, which could become important if buying pressure increases. A strong move toward these levels would put the XRP price in front of areas where large sell orders have reportedly been placed.
XRP whales ended a five-day net selling streak with a return to net buying before slight selling resumed. The asset posted a 36.9% August gain, raising attention on its historical September performance.