Will XRP’s Bull Run Be Stopped? Whale Selling Pressure Impacts Price

Following a bullish inverse head and shoulders breakout, XRP has surged past the $2.26 level, reaching a fresh high of $2.32 today. This move signifies a significant turning point after months of building strength. However, a massive $68.7M whale transaction to Coinbase has raised concerns about potential selling pressure. Let’s delve into how this sudden shift in dynamics might affect XRP’s trajectory.