XRP risks drop below $1, but onchain data highlights silver lining
CoinTelegraph·
60-second summary
XRP's chances of a daily close below $1 are rising, with the price hovering around $0.97. However, onchain data suggests a silver lining, as whales are accumulating XRP and exchange supply is shrinking, potentially indicating that traders are buying the dip. This could be a bullish sign for the market.
XRP’s chance of a daily close below $1 are rising, but whale accumulation and shrinking exchange supply may be a sign that traders are buying.