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XRP Struggles Near $1.00 Amid Ongoing Selling Pressure

Guavy AI Editorial Team
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XRP
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Ripple's XRP token continues to trade near $1.03, struggling to break above the downward resistance trendline at $1.06.

The token's price has been unable to sustain a rebound towards the next key resistance at $1.10, as sellers retain control of the market.

Despite this, whale accumulation on the XRP Ledger is accelerating, with investors holding between 100 million and 1 billion XRP representing 11.79% of the circulating supply.

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