Are whales about to send XRP crashing to $0.98?

Image: 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. Its 14-day relative strength index ( RSI ) stands at 40.20, below the neutral 50 mark but above the oversold threshold of 30. The token recorded 13 positive days out of the past 30, or 43%, while volatility stands at 6.01%.
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