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via BeInCrypto · By Ananda Banerjee
Smart Money is Leaving XRP: Will Ripple’s Altcoin Dump?
XRPXRP · Live data
$1.4818 −3.11%
- 24h Volume$2.03B
- 24h Low / High$1.4458 / $1.555
- Long/Short3.10
- Funding Rate+0.0010%
Data provided by COINOTAG DATA
Ripple
XRP · Daily (1D)$1.48−0.07%
Volume (24h)-
Ripple Resistances
Resistance 1$1.53Fibo 0.236, R1+3
Resistance 2$1.60Fibo 0.114, R2+4
Ripple Supports
Support 1$1.44ATR Lower, Fibo 0.382+1
Support 2$1.37Keltner Lower, EMA 100+7
Pivot point (PP)$1.50
Trend (1D)Uptrend
Ripple Fibonacci Retracement
61.8%$1.26
50%$1.34
38.2%$1.43
RSI (14)54.9
Ripple technical analysis and outlook
Daily (1D) · Data provided by COINOTAG DATA
AB
Ananda Banerjee(05:30 PM UTC)
1 min read
XRP price sits less than 1% above the floor of a three-month rising channel, after smart money’s quiet exit on May 17 triggered a chain of bearish technical signals.
The last time smart money bailed this way, in late April, XRP slid 7%. With whales now distributing and retail still selling, the bull channel’s lower edge has rarely looked this exposed.
Smart Money’s Exit Triggers a Triple…
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