XRP Whales Decline As Price Remains Consistently Below $3 | Airdrop Alert Pro

XRP prices have been moving sideways over the past seven days, reflecting the market’s hesitation. Although it has dropped by nearly 15% over the past 30 days, its relative strength index (RSI) is currently at 55.1 neutral, showing balanced momentum after recovery from the bottom layer at close range.

Meanwhile, XRP whale addresses are declining recently, indicating caution from large holders. However, the numbers are still high in history, indicating ongoing interest. XRP may challenge resistance at $2.83, or if sales pressures intensify, key support should be tested at $2.52.

XRP RSI is currently neutral

The relative intensity index (RSI) of XRP is currently at 55.1, down from the 62 peaks two days ago, but is significantly higher than the 33.2 three days ago.

This shows Purchasing momentum has increased over the past few daysAfter almost out of territory, pushing XRP RSI higher. However, the drop in 62 indicates that the purchase pressure is slightly cooled, XRP is now in the neutral zone.

This level represents equilibrium momentum, making the price direction uncertain in the short term.

RSI is a momentum oscillator that ranges from 0 to 100, measuring the speed and changes of price movements. Generally speaking, RSI above level 70 is considered as excessive, which indicates a potential callback, while RSI under 30 is considered to be beyond, indicating a possible purchase opportunity.

XRP’s RSI is 55.1, which is above the neutral 50 mark, and its purchasing pressure is slightly higher than the sales pressure. This may indicate a cautious bullish sentiment, potentially XRP continues to move upward if the interest in buying is still strong.

Conversely, if RSI starts to drop below 50, it may mark a weakening momentum and a possible price drop.

XRP whales are still high, but have fallen

The XRP whale address holds 1 million to 10 million XRP, reaching 2,137 on February 3, but has been declining since then and is now 2,117.

This steady decline suggests that some large holders are reducing their position, which may indicate caution or profitability. Despite this decline, the number of whales is still higher than the historical average, Shows continued interest from large investors.

Tracking whales’ addresses is important because they can significantly affect price movements. The decline in whales’ population may indicate sales pressure, Possible tradeoffs on XRP prices.

However, since the current whales are still historically high, this suggests that a large amount of capital is still invested and may support the price if the purchase interest is obtained again.

The next trend direction of XRP is not yet clear

XRP price has been moving sideways over the past weekits exponential moving average (EMA) line is tightly clustered.

This indicates a lack of clear motivation and a market hesitation volatility. It shows that buying and selling pressure is balanced, so it is not clear whether the uptrend or downtrend is.

If the upward trend, XRP can test the resistor first $2.83, surpassing it could lead to a target of $3.15 or even $3.28, the highest level since the end of January.

Conversely, if there is a downtrend, a support of $2.52 is crucial. A break below this level could result in $2.33, which could be as low as $1.77 if sales pressure continues to drop.