Analyst dey warn say XRP fit drop to $0.80 as whale dem dey sell and network activity dey fall wey dey increase downside risk
Analyst Ali Martinez dey warn say XRP fit drop to about $0.80 as on-chain fundamentals dey weak and big holders dey sell more. Martinez point out say daily active addresses for the XRP Ledger don fall to around 38,500, wey mean network participation dey cool down. At the same time, whales don move over 40 million XRP into net selling across several days, dey reduce big holders balances and put more supply pressure. Technically, Martinez identify $1.77 as critical support level; if e break and hold below that level e fit expose a volume-based support band near $0.79–$0.80. The analysis join on-chain metrics (active addresses, whale transfers, exchange flows) with price structure and volume distribution to argue say continued selling plus weaker network activity dey raise the chance of deeper pullback. Traders suppose watch whale transfers to exchanges, monitor volume around $1.77, and use risk management (position sizing, stop-losses, diversification). Broader macro and regulatory developments fit change the outlook; this na informational, no be financial advice.
Bearish
Di report dem show say downside risk don dey increase for XRP. Decrease for daily active addresses mean network participation dey weak, wey fit reduce organic demand and market resilience. At the same time, whale net-selling over 40 million XRP dey increase supply pressure and the chance for big sell-off events, especially if dem dey transfer go exchanges. Technically, the $1.77 level na key short-term support; if e break and hold, e fit trigger stop-losses and momentum selling go the next volume support near $0.79–$0.80. Short-term impact: more volatility and downside pressure as traders dey react to whale flows and on-chain signals. Long-term impact: e depend if network activity recover or the selling stop — steady decline in active addresses and continued selling by big holders go keep bearish pressure, while normalization of on-chain metrics or positive macro/regulatory news fit stabilize or reverse the trend. Traders suppose prioritize monitoring whale transfers, exchange flows, and volume at $1.77, and use strict position sizing and stops to manage risk.