XRP Price Sees Reduced Volatility Amid Whale Hesitation | Airdrop Alert Pro

XRP price is currently the fourth largest cryptocurrency by market cap, with a valuation of $130 billion. Despite its strong position, XRP is still down 10.4% over the past seven days, reflecting a period of consolidation following historic gains in November and December.

Key technical indicators, including neutral relative strength index As well as tightly clustered EMA lines, indicating a lack of apparent momentum, the market is awaiting decisive action.

XRP RSI has remained neutral for 3 days in a row

Ripple The relative strength index (RSI) currently stands at 50.88, reflecting a neutral position since December 20. This level indicates that the market is in balance, with neither buyers nor sellers showing a decisive advantage.

Following historic rebounds in November and December, Ripple price Has entered the integration stage. Its RSI has been hovering between 40 and 55 for the past three days. This narrow range suggests that the coin is going through a period of depreciation volatilitytraders are waiting for clearer directional signals.

RSI is a momentum oscillator that measures the speed and magnitude of price changes on a scale of 0 to 100. Values ​​above 70 typically indicate overbought conditions that could lead to a pullback, while values ​​below 30 indicate oversold conditions and typically precede a rebound.

XRP’s RSI is 50.88, with the currency firmly in neutral territory, indicating neither excessive buying nor excessive selling pressure. In the short term, this range-bound RSI behavior suggests Ripple price Unless a strong catalyst emerges to tip the current balance, consolidation is likely to continue.

XRP whales stopped accumulating

November 24, Ripple Whale addresses holding between 10 million and 100 million XRP reached a monthly high of 310, indicating significant accumulation by large holders. Since then, the number of whale addresses has gradually declined, reflecting a possible reduction in large-scale interest or distribution activity.

Notably, the number of whales jumped from 292 to 299 between December 18 and 21, indicating renewed interest during this period. However, the number has since declined slightly and currently stands at 296, indicating that major holders may be hesitant or taking profits.

Tracking whale activity is critical as these large addresses can significantly influence market trends due to the size of their holdings and potential trading activity.

Whale addresses have declined recently after a brief surge, indicating mixed sentiment among major holders. In the short term, this may indicate that while some whales are still investing, others may reduce their positions, potentially resulting in Ripple price Consolidation or mild bearish pressure.

XRP Price Prediction: Can XRP Fall Below $2 in December?

Ripple price It is currently trading within a tight range, with resistance at $2.33 and support at $2.17 defining its immediate borders.

If the support at $2.17 fails, XRP price could face a deeper correction, possibly down to $1.89.

On the contrary, if Ripple A break above the $2.33 resistance could pave the way for further gains, with potential targets at $2.53 and $2.64.

However, the EMA lines are currently showing no clear trend as they are tightly clustered, indicating a consolidation phase. The lack of clear directional momentum suggests that XRP’s price action will largely depend on whether it breaks out of this range, making these levels crucial in the short term.