XRP Price Battles Resistance, Whales Dump Billions as Breakout Looms

The XRP price is locked in a tight battle against the $2.65 resistance level, facing significant pressure from large investors selling off billions of tokens. Volume data suggests that consolidation might precede a major shift in market direction. 2.23 billion XRP were dumped by whales since Friday, directly influencing price fluctuations and volatility. Analysts are watching for the first sign of a breakout based on the observed WXY corrective pattern on the daily charts.