XRP Finds Traction Among New Investors, but $2.50 Still Remains A Challenge
BeInCrypto
XRP is seeing increased interest from new investors and whales, but it struggles to break the critical $2.50 resistance level.Summary
XRP's recent recovery attempt stalled after failing to hold the $2.50 support level, causing its price to drop with the broader crypto market. Despite this, investor interest is reviving, evidenced by a 226% surge in new investors over 48 hours, although retail participation remains moderate. Simultaneously, large holders (whales) have accumulated over 320 million XRP in the last four days, signaling strong long-term confidence. Currently trading around $2.40, XRP must secure the $2.36 support to retest the persistent $2.50 resistance; failure to do so risks a drop toward $2.28.
(Source：BeInCrypto)