！！！Important Notice！！Important Notice！！！
After reaching a historic high of $2.49, $XRP has begun to decline. Is this the peak price? Will there be a larger drop? Brothers holding XRP must read this.
The price of XRP has fallen by about 5.5%, hitting a low of $1.85, a sign of weakness after a 45% increase.
The Relative Strength Index (RSI) has shown an overbought condition. When the RSI value exceeds 70, it can be interpreted as an overbought situation, indicating that the price has been overvalued in a short period and is experiencing a correction. However, there are exceptions; for example, when $DOGE showed an overbought phenomenon, the price still surged to a high of $0.46.
After XRP's price broke the historical high of $1.97, according to trading tactics, there is no selling pressure above, and the upward movement should be relatively easy. However, recent data shows that since November 24, the whales have been reducing their holdings, and currently, they have decreased their XRP quantity by 30 million. This also indicates that the market is starting to see profit-taking, leading to a price decline.
So why would the whales choose to sell off in large amounts after the breakout? Will the price of XRP be able to reach $5 in the future? Is it time to take profits or continue holding?
Type 888 in the comments, and I will reveal more later, or follow me, click on the main page to see the introduction, and ask me for answers in advance.
It is still not the real bull market; entering and selecting coins still requires caution.
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