XRP struggles below $1.30 amid growing selling pressure

Key takeaways

• XRP trades below $1.25 on Tuesday as the cryptocurrency struggles to recover.
• CryptoQuant data points to persistent sell-side dominance in XRP, with large whale orders adding uncertainty to XRP’s outlook.
• XRP faces immediate resistance at $1.285 and $1.30, while a deeper decline could bring the $1.16 and $1.00 support levels into focus.

XRP remain under selling pressure on Tuesday as it struggles to recover from their recent declines.

XRP is trading below $1.25, with buyers finding it difficult to push the price back above the $1.30 level.

Data from CoinGlass and CryptoQuant paints a mixed picture. While funding rates suggest some traders are still betting on a recovery, derivatives positioning and on-chain activity indicate that sellers remain influential.

Technical indicators are also showing little evidence of a sustained reversal, leaving both cryptocurrencies vulnerable to further losses.

XRP derivatives data show mixed market sentiment

Derivatives traders appear increasingly ...