XRP Price Crash Warning: Profitable Traders Load Up 2.1M XRP In Short Positions
Photo: Coinpedia
A trader’s bearish call for XRP to fall to around $0.99 is looking stronger after the token dropped about 10% since it was posted, Santiment reported. The call is invalidated if XRP closes above $1.36. XRP still needs to fall roughly 17% more to reach the target, putting its current price near $1.19. Santiment noted that the move came as the whole crypto market sold off, so timing may have played a part. Wallet data adds weight to the bearish view. Among the most profitable XRP wallets, only one holds a long position, and it has been inactive since August.
Source: Coinpedia
