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XRP showing signs of weakness as it slipped 2.26% over the past day, trailing broader market momentum. Several factors appear to be pressuring the token right now.
On the technical side, $XRP has broken below two key support levels at $2.10 and $1.99, suggesting sellers are in control near these price zones. More concerning for bulls—large whale transfers heading to exchanges have picked up notably, which typically signals distribution activity rather than accumulation.
The broader market is in profit-taking mode across altcoins, and $XRP isn't immune to this pullback. Traders watching the pair closely should monitor whether those support levels hold or if further downside unfolds. Keep an eye on exchange inflows to gauge institutional positioning.