{"id":140265,"date":"2024-10-22T10:00:55","date_gmt":"2024-10-22T07:00:55","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140265"},"modified":"2024-10-22T00:47:59","modified_gmt":"2024-10-21T21:47:59","slug":"xrp-faces-pressure-as-whales-remain-cautious-amid-legal-challenges","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/xrp-faces-pressure-as-whales-remain-cautious-amid-legal-challenges\/","title":{"rendered":"XRP Faces Pressure as Whales Remain Cautious Amid Legal Challenges"},"content":{"rendered":"<p>While recent signs of recovery in the Relative Strength Index (RSI) suggest that selling pressure might be easing, uncertainty remains.<\/p>\n<p><strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP<\/a> <\/strong>whales, or large holders, have kept their positions largely unchanged, indicating a lack of confidence in a price rebound.<\/p>\n<p>Currently, there are 285 wallets holding between 10 million and 100 million XRP, with little fluctuation over the past week, reflecting a cautious stance among these major investors.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-140249\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Monitoring whale activity is essential, as these holders can greatly influence market sentiment and price movements.<\/p>\n<p>The steady number of large wallets suggests that key players are not yet convinced that XRP is poised for a significant price surge, making a strong upward trend appear unlikely until they start accumulating more aggressively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP has been under significant downward pressure due to bearish technical indicators and ongoing legal issues.<\/p>\n","protected":false},"author":7,"featured_media":39030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[108,248,223],"coin_category":[],"class_list":["post-140265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-price","tag-whales","tag-xrp"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>XRP Faces Pressure as Whales Remain Cautious Amid Legal Challenges<\/title>\n<meta name=\"description\" content=\"XRP has been under significant downward pressure due to bearish technical indicators and 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