XRP Price Today: Whales Are Buying the Dip Ahead of ETF Launch
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The post XRP Price Today: Whales Are Buying the Dip Ahead of ETF Launch appeared first on Coinpedia Fintech News In the last 24 hours, XRP price slide by 3.3% , dipping to $2.84 before bouncing back, despite posting a 7-day gain of over 26% . What stands out isn’t the drop, but the tight volatility range ($2.82–$2.87) where trading volume has surged. Analysts say this isn’t just noise — it’s a signal of range-bound accumulation by high-volume players preparing for a bigger move. “This is not a crash. This is a shakeout and a positioning reset,” says one market strategist. Market Psychology at Work: Institutions Selling High, Buying Low The sell-off above $3 may look like weakness, but traders say it’s tactical selling — locking profits ahead of the ETF launch . What’s more telling is the rapid re-accumulation near support . Why this matters: Volatility is creating entry opportunities for corporate buyers near key support levels. Volume spikes at dips suggest smart money is not exiting but rotating positions. This pattern is classic market manipulation meets strategic entry , a familiar setup before major catalysts like ETF listings. The Real Game: Range Trading vs Breakout Hype The current XRP structure suggests we’re in a range trading zone where market makers are collecting liquidity. With support near $2.80 and resistance around $3.02: Whales are stacking positions near support. Short-term traders are selling strength near $3 . ETF excitement is already priced in, but a low-liquidity pump or dump post-launch remains a risk. What’s Different This Time? ETF Hype Meets Regulatory Shadows Unlike previous ETF events, XRP is launching amidst: Unresolved SEC regulatory overhang Split sentiment among whales and institutions XRP’s legal clarity in the U.S. , but global classification uncertainty . These factors are creating a scenario where price is caught between bullish macro narratives and cautious institutional behavior . Also Read : Ripple XRP Price Prediction 2025, 2026-2030: Will XRP Reach $5? Final Take: The real move may not happen on ETF launch day, but after the noise settles. Until then: $2.80 remains a key institutional entry zone $3.05 is the breakout barrier Volume spikes near support signal accumulation , not panic. XRP is in a controlled volatility zone. Big players are silently preparing while retail focuses on price drops. The next 48 hours could define whether XRP breaks out or remains range-bound through the ETF launch hype.

Source: coinpedia