The price of XRP finds support at 3 Dollars even as whales note a sell-off of 1.2 billion Dollars: XRP remains steady at 3.09 Dollars despite a whale sell-off of 1.2 billion Dollars; retail buy out helps stabilize the price.

Whales sold 400 million XRP worth 1.2 billion Dollar, but individual investors continue to buy out, keeping the price of XRP above 3.00 Dollar. XRP holds a level above 3.07 Dollar; breaking 3.12 Dollar could push it to 3.41 Dollar, but continued selling by whales may pull the price down to 2.91 Dollar.
XRP has shown significant volatility in recent days, reflecting uncertain investor sentiment. Despite the large price changes, XRP remains stable around 3.00 Dollar, due to mixed investor actions.
The decisions of the whales to sell a large amount of XRP affect the price movements.
The XRP whale is causing problems.
The selling pressure from whales is evident, as large holders are reducing their positions. Over the past week, addresses holding between 10 million and 100 million XRP sold around 400 million XRP, worth over 1.2 billion Dollar.

This step has contributed to unstable price movements, pushing the market into a period of volatility.

Despite the selling by whales, the supply of XRP on exchanges has decreased. This means that other small investors may be actively working to stabilize the price.

In the last 24 hours, 77 million XRP, worth 231 million Dollar, have been withdrawn from cryptocurrency exchanges. This ongoing accumulation by investors supports the price and prevents XRP from sharply declining below the 3.00 Dollar level.

It seems that investor behavior is contrary to the large-scale selling by whales, providing a basis for potential price recovery. While whales dominate the selling pressure in the market, smaller investors are helping to maintain the stability of the XRP price.

The active buying behavior of these investors, along with a net positive stance, is crucial in keeping the price above key support levels. These efforts could lead to a potential upward movement.

The price of XRP is at risk.
As of the time of writing, XRP is trading at a price of 3.09 Dollar, holding above the support level of 3.07 Dollar. The recent price movement suggests that XRP is unlikely to drop below 3.00 Dollar, especially with strong support present. This stability is crucial for a potential recovery.

If XRP can secure the next support level at 3.12 Dollar, it may rise to 3.41 Dollar, recovering some of its recent losses. Activities of buy out from individual investors may help push the price toward this higher level, indicating a potential short-term recovery.

However, if the selling pressure from whales continues to increase, XRP may drop through the support level at 3.07 Dollar. In this case, XRP could fall to 2.91 Dollar, which would negate bullish expectations and potentially lead to further price declines.
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