XRP Struggles, But Institutional Shifts Signal Potential for Recovery

XRP’s price has experienced a notable decline over the past two weeks, dropping from $2.41 to $2.23, indicating reduced positions by long-term investors by 34%. Despite this pressure, daily trading volumes exceeding $150 million suggest that market participants are actively establishing new positions in the altcoin. Analysts anticipate institutional investors may be entering an accumulation phase as prices remain near a stable range ($2.31-$2.47). 34% reduction in long-term position highlights potential shift towards risk reduction strategies.