For days, XRP (XRP-USD) has been moving inside a narrow band below $3. Traders say the squeeze cannot last forever, and if $3.30 gives way, the release could be explosive.
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XRP Holds Steady while Forces Pull in Both Directions
XRP spent the last 24 hours locked between $2.81 and $2.87. The moves look small, but the tension is real. On one side, whales have been quietly adding, snapping up 340 million tokens over the past two weeks. On the other, institutions have dumped nearly $2 billion since July, keeping a lid on rallies.
The battle showed up on the tape. XRP dipped to $2.79, climbed back near $2.87, and then slipped to close at $2.85. Support keeps showing up at $2.82, but resistance builds again and again at $2.86.
Whales Place Bets as Institutions Cash Out
The clash between buyers and sellers is writing the next chapter for XRP. Big wallets are betting on strength, using this lull to accumulate. Institutions, though, are heading for the exits, adding pressure that stops each rebound short.
Traders now wonder which side will run out of steam first. If whales keep absorbing supply, they could flip the tide and push XRP into its next run. If the selling continues, bulls may lose their grip on the $2.82 line.
Analysts Map Out the Triangle Path
Chart watchers say XRP is sketching a symmetrical triangle, a pattern known for violent breakouts once the range is broken. The key trigger is $3.30. If price powers through that wall, analysts see upside toward $7 or even $13.
But danger still hangs on the downside. Lose the $2.82 zone, and XRP could sink toward $2.70 or even $2.50. Traders are split. Some see this as a pause before liftoff. Others say fading momentum is a warning.
Markets Brace for the Next Spark
Beyond the charts, catalysts are circling. Regulatory moves, Federal Reserve decisions, or shifts in crypto sentiment could flip the switch. Volume has already surged, showing traders are bracing for something big.
For now, XRP price is squeezed in the coil. If $3.30 falls, the release could be sharp and fast. At the time of writing, XRP is sitting at $2.8372.
