XRP has shown significant fluctuations in recent days, reflecting the morale of uninterrupted investors. Despite major price fluctuations, XRP maintains about $ 3.00, mainly due to mixed actions of investors.
Whale decisions affect the sale of a large amount of XRP on price movement.
XRP whales
It is clear that the pressure pressure is from whales, as its owners reduce their positions. Over the past week, headlines, which ranged between 10 million and 100 million XRP, sold about 400 million XRP, at a value of more than $ 1.2 billion.
The move contributed to the unconfirmed price movements, which led the market to a period of fluctuations.

Despite the sale of whales, XRP supplies fell on the stock exchanges. This means that other young investors may actively work to stabilize the price.
During the past 24 hours, 77 million XRP, at a value of $ 231 million, has been withdrawn from encryption. This continuous accumulation by investors supports the price and prevents XRP from making a sharp drop to less than the level of $ 3.00.
Investors’ behavior appears to be widely opposed by whales, which provides a basis for potential price recovery. While whales dominate the pressure of the market, other young investors help keep the XRP price fixed.

The active purchase behavior of these investors, as well as a positive net, is very important in retaining the price higher than the main support levels. These efforts can lead to a potential upward movement.
XRP price is weak
At the time of this report, XRP is trading at $ 3.09, and maintains the support level of $ 3.07. The latest procedure indicates that XRP is unlikely to decrease to less than $ 3.00, especially with strong support. This stability is necessary for potential recovery.
If XRP managed to secure $ 3.12 as the next support level, it may rise to $ 3.41, and restore some recent losses. Purchase activity from retail investors may help pay the price towards this higher level, indicating a possible recovery in the short term.

However, if the sale of whales continues to intensify it, XRP may fall through support at $ 3.07. In this case, XRP may decrease to $ 2.91, which nullifies the ups and may lead to further decreases in the price.
POST XRP price finds support at $ 3 even when whales notice $ 1.2 billion, sales first appeared on Beincrypto.
Source: https://beincrypto.com/xrp-price-finds-support-as-whales-sell-ff/