Ripple's native token XRP has attracted attention for its recent impressive rally. However, a whale transaction tracker revealed that an XRP whale dumped 20 million tokens on a South Korean crypto exchange. This occurred during a period of correction for the overall cryptocurrency market, suggesting the rally may be ending. Technical analysis indicates a bearish pattern forming for XRP, potentially leading to a 20% drop in price. Traders are over-leveraged, with sell-side traders dominating, suggesting a price decline. XRP's price has declined by 7.1% in the past 24 hours, with lower trading volume.



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