XRP Struggles Below $1 Amid Whale Activity Surge
XRP's price remains under pressure after slipping below $1 on August 18, despite a significant surge in large whale transactions and rising derivatives activity on Binance.
The token slipped 0.4% from the previous day, but the key support level of $1 is acting as resistance for XRP's price recovery.
Technical indicators show bearish momentum, making it crucial for XRP to reclaim $1 on a daily close to reduce downside risks and improve short-term prospects.