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XRP is struggling with critical resistance! What's next for the price?
XRP's recent price trajectory is a testament to this. Over the past two weeks, XRP has experienced a significant decline, with its price dropping from $0.6436 to $0.4966.
One of the most interesting aspects of this decline is the sudden increase in both adjusted and actual trading volume. Typically, a sudden increase in trading volume can be an indication of increased interest or activity in a particular asset. But this increase in volume when paired with a falling price often signals further bearish sentiment. In XRP's case, it appears that big whales may be shedding assets, especially at local resistance levels.