XRP whales have sold off approximately 640 million tokens, valued at $1.91 billion, over the past month, raising concerns about a potential 30% drop in price. An analyst suggests that XRP requires daily inflows of at least 5 million tokens from whale wallets to remain structurally strong. The whales' current selling activity has been observed since July 9, coinciding with XRP's price fluctuation between $2.28 and $3.54. A bearish divergence is evident, as XRP's price has reached higher highs while momentum indicators have shown lower highs, a pattern resembling previous market tops. The price must hold above $2.65 to avoid a drop toward $2; failure to maintain this could lead to a decline towards the 50-week EMA around $2.06. Volume during this latest price rally has also decreased, suggesting momentum exhaustion. Investors are advised to conduct their own research before engaging in trading activities as market conditions could change swiftly.

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