XRP targets $1.50 but faces key support test at $1.35 as whale activity slows

XRP is approaching another critical price test as market data points to a possible retest of the $1.35 to $1.38 support area before a potential rebound. Recent research from Bitrue Research Institute indicates a divergence between Futures buyers’ enthusiasm and more restrained activity in Spot markets. The Institute’s AI-driven crypto indicators reveal that leveraged long positions remain heavily populated, while significant whale activity is subdued. This creates a delicate balance that could lead to sharp price movements. This market setup increases the risk of rapid liquidation cascades if XRP’s price encounters additional selling pressure.

Source: CoinTurk News