XRP Price Shows Potential Upside as Whale Selling Drops and Buyer Demand Rises

Key Points

1. Whale-to-exchange flows for XRP have dropped by 93% since mid-July, reducing selling pressure and supporting price stability.

2. The Chaikin Money Flow (CMF) indicator shows a bullish divergence, signaling growing accumulation and potential early bullish momentum for XRP.

3. XRP is approaching a critical breakout level at $3.37; surpassing this could trigger a rally toward $3.62, $3.83, and potentially $4.

4. A breakdown below $2.96 would invalidate the bullish structure and delay upward momentum.

5. XRP’s recent 3% price increase is driven by reduced whale selling and rising accumulation, creating a favorable environment for price appreciation.