Ripple's XRP cryptocurrency has been going up and down lately! It's like a rollercoaster. Big investors (called whales) recently sold a lot of XRP, which might make the price go down more in the short term. But there's also good news!
- Whales sold lots of XRP, maybe making the price drop.
- A special indicator suggests a price correction might happen soon.
- However, another indicator shows XRP might go up because it's currently undervalued.
- There's a chance a new way to invest in XRP (an ETF) could be approved, which might make the price go up in the long run.
| Factor | Details |
|---|---|
| Whale Activity | Sold over $830 million XRP |
| TD Sequential Indicator | Shows a sell signal |
| RSI | Approaching the buy zone (30) |
| ETF Approval Odds (by 2025) | ~72% |
