⛓️ Crypto🔴 BearishActionable

XRP faces $650M sell risk as charts hint at prices below $1

CoinTelegraph|Cointelegraph by Nancy Lubale|March 2, 2026 at 04:05 PM|1 views

Image via CoinTelegraph

🤖AI Summary

XRP faces potential selling pressure worth $650 million as technical analysis indicates the cryptocurrency could drop below $1 in the coming weeks. The bearish outlook is supported by weakening chart patterns and increasing supply on cryptocurrency exchanges.

Key Takeaways

→XRP's technical indicators suggest a bearish trend with potential price decline below $1.
→Approximately $650 million in selling pressure threatens XRP's current price levels.
→Exchange supply is increasing, indicating potential selling activity from holders.
→The weakening technical setup points to further downside risk over the next few weeks.
→Current chart patterns support the bearish price prediction for XRP.

Mentioned Tokens

$XRP$0.0000▲+0.0%

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