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Ripple Whales Go on a Selling Spree: Is XRP Headed for a Further Correction?

  • Whales have sold over 370 million XRP, signaling continued downward pressure for the cryptocurrency in the short term.
  • The TD Sequential indicator flashes a sell signal for XRP, suggesting an impending correction.
  • However, XRP's Relative Strength Index (RSI) is nearing the bullish zone of 30, indicating a potential resurgence.
  • The chances of an approved spot XRP ETF in the US and its potential positive impact on the price should be considered.

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