Analyst Flags Whale Selling and Weak Network Activity as XRP Faces Resistance Near $2.00
Ripple's XRP has repeatedly failed to hold above the $2.00 and $1.90 levels, which have now flipped into strong resistance while one analyst warns of a potential drop of more than 55%. Ali Martinez notes that active XRP addresses recently fell from 46,000 to below 39,000 and that whales have been selling heavily for over two months, even as US-listed XRP ETFs launched in November have accumulated about $1.15 billion in net inflows.