$XRP Market Update: Whale War at $1.45 Support 🐳
Live Price: 1.4562 | 24h Change: +1.46%
We are witnessing a high-stakes battle between legacy whales and new institutional money. Following the rejection at $1.66 on the CFTC news, price has retraced to test the critical demand zone between $1.42 and $1.45.
📉 The Bearish Case: Rejection at $1.66 formed a 'bull trap' wick. If we lose the $1.4268 support, we could see a flush toward $1.28 to grab lower liquidity.
📈 The Bullish Case: ETF inflows remain sticky (+$1.37B cumulative). The market is absorbing sell pressure effectively. A 4H close above $1.53 confirms the correction is over and targets $1.62 - $1.67.
💡 Institutional Insight: Funding rates have reset, suggesting the market is not over-leveraged. The Aviva Investors partnership confirms long-term utility value is growing regardless of short-term price action.
Wait for the breakout above $1.53 or bid the support sweep at $1.43. #XRPUSDT🚨 #TraderAlert
