<ul><li>XRP whales accumulate more tokens during a 6% price dip, showing confidence in long-term potential.</li><li>Trading volume surged 83.11% amid XRP&#39;s price decline, indicating heightened market activity and selling pressure.</li><li>XRP nearing oversold conditions (RSI 34.26) may present a buying opportunity; MACD suggests short-term downward pressure.</li></ul>Amid the recent downturn in Ripple (XRP) prices, significant whale activity has surfaced, indicating strategic market moves by large wallet investors. Over the past few days, XRP prices have dropped by nearly 6% since June 1.The price of <a href="https://cryptotale.org/analysts-predict-xrp-breakout-to-1-5-key-indicators-to-watch/" rel="noopener noreferrer nofollow">XRP</a> stands at<a href="https://coinmarketcap.com/currencies/xrp/" rel="noopener noreferrer nofollow"> $0.485</a> at press time, marking a 2.04% decrease over the past day. The market cap is approximately $26.92 billion, positioning XRP as the seventh-largest cryptocurrency.Over the last 24 hours, trading volume surged by 83.11%, reaching about $1.43 billion. This significant increase in trading volume, alongside a price decline, indicates heightened selling pressure in the market.Related: <a href="https://cryptotale.org/xrp-sees-massive-buy-volume-as-price-approaches-critical-support-zone/" rel="noopener noreferrer nofollow">https://cryptotale.org/xrp-sees-massive-buy-volume-as-price-approaches-critical-support-zone/</a>Historically, <a href="https://cryptotale.org/xrp-sees-massive-buy-volume-as-price-approaches-critical-support-zone/" rel="noopener noreferrer nofollow">XRP</a> experienced a peak around $0.505 but has since been under downward pressure. This drop pushed it below key short-term support levels. The recent stabilization around $0.485 suggests a potential support level.

Whale Investors Increase XRP Holdings Amid Recent Price Dip – Key Support Levels to Watch

CryptoTale

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