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Are whales about to send XRP crashing to $0.98?

Picture: Finbold

XRP risks falling to $0.98 as large holders appear to be reducing their exposure, raising the prospect of a deeper correction if the cryptocurrency loses critical support. The warning comes as XRP struggles to reclaim $1.30. As of press time, the asset was trading at $1.29, up 0.20% over the past 24 hours. XRP is trading below its 50-day simple moving average ( SMA ) of $1.40 and only marginally above its 200-day SMA of $1.28, signaling weak price momentum.

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