🔥 XRP News: Why Is XRP Down? Whale Moves Shake the Market 🐋📉

XRP slips 0.35% to $2.97, lagging behind Bitcoin’s +0.73% rally 🚨

Over $610M worth of XRP moved from Ripple’s treasury, sparking fears of OTC selling and short-term dilution.

Whales offloaded $300M+ in XRP while $3.05 resistance continues to block upward momentum 😬

📊 Technical Snapshot:

RSI: 52.6 → Neutral zone

ADX: 13.5 → Weak trend

Support: $2.99

Resistance: $3.05 → Key breakout point

Analysts say a close above $3.10 could open targets up to $3.40–$3.66, but failure to hold $2.94 may trigger more sideways chop.

⚡ Upcoming Catalysts:

🗓 Oct 19 – SEC ETF decisions (7 XRP ETFs pending)

🗓 Oct 29 – FOMC meeting (96% chance of rate cut = liquidity boost 💧)

👉 Traders watching for whale accumulation and Ripple escrow activity as sentiment hits lowest since April 2025 — could this be a calm before the rebound? 💎

💬 What’s your move?

📈 Buy the dip or ⚠️ Wait for confirmation?

#xrp #CryptoNews #Altcoins #Whales #ETFNews

$XRP