Ripple's XRP is experiencing increased selling pressure as profit-taking activity among whales and long-term holders rises. Despite a recent price revival, XRP remains below $2.30, unable to surpass the $2.40 resistance level. Profit realization volume has surged by approximately 240% since late September, coinciding with a price decline. This trend, coupled with significant token offloads, indicates a 'buy-the-rumor, sell-the-news' strategy in anticipation of potential XRP ETF launches.
XRP Faces Pressure as Profit-Taking Increases Amid ETF Speculation
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