XRP Faces 2 Billion Sell Wall as Whales and ETFs Build Beneath $1.60
XRP began March with renewed momentum, rebounding nearly 12% after bottoming near $1.27 on February 28 to reach $1.43 before settling around $1.36. The token remains roughly 18% lower over the past 30 days and is compressing inside a defined range beneath a major obstacle: more than 2 billion XRP clustered near $1.60.
ETF inflows, long-term holder behavior and whale accumulation are starting to align under that supply wall, though risk persists. Between February 6 and March 2 the daily chart showed a lower high in price while the RSI made a higher high, a hidden bearish divergence that often precedes pullbacks and helps explain repeated swings between $1.43 and $1.27.
Momentum has not confirmed a breakout.
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