XRP Could Fall 22% if Whales Keep Selling, Analyst Warns

XRP wallets holding 10 million–100 million tokens fell from 351 to 339, while exchange balances rose by approximately 50 million XRP. Ali Charts warns that a break below $1.26 could expose downside targets at $1.11 and $0.98. XRP trades below its 50-day and 200-day moving averages, while active addresses have fallen to around 23,800 despite holder numbers reaching 8.25 million. XRP could fall toward $0.98 if large holders continue selling and the price breaks below $1.26, according to analyst Ali Charts. The analyst reported fewer wallets holding between 10 million and 100 million XRP, alongside rising exchange balances.

Source: Crypto Front News