Ripple XRP Price Analysis: Could Whale Pressure Be a Signal for Long-Term Growth?

What’s driving the recent price movement of XRP? After failing to break $3.50, Ripple’s token has fallen back under pressure. But contrary to popular belief, this pullback could indicate a healthy correction and potentially position XRP for even stronger growth in the future. Analysis suggests that despite significant selling activity from large holders, key support remains intact and buying activity is increasing, suggesting a stable foundation. Technical analysis indicates potential for rebound based on historical patterns. 6-day moving average support at $2.80, and demand zone around $2.80-$2.85 suggest a favorable environment. The chart shows XRP is far from a breakdown and rather a healthy correction.