XRP Plummets Despite Whale Accumulation – Analyst Hints at $2.27 Recovery

Ripple (XRP) witnessed a significant price drop this week, falling below the crucial $2 support level to close at around $2. This dip comes amidst a broader crypto market selloff and hints at renewed selling pressure from large investors known as whales. Despite the recent decline, however, some analysts highlight a potential for recovery, suggesting XRP could climb back towards the $2.27 mark if a crucial support level holds firm.