XRP Price Struggles to Reach $0.49, Whales Transfer 64 Million Tokens, What's Next?

Key Points

- XRP whales transferred 64 million tokens in the past 24 hours, sparking mixed sentiment in the market about XRP's future price trend.

- One of the addresses accumulated 32.89 million XRP from Binance, while another sold 31.65 million XRP to Bitstamp.

- XRP price fell today, trading at $0.4814, down 1.28% in the past 24 hours.

- XRP price has been consolidating below $0.5 since June 8 and dropped to $0.48 yesterday.

- Investors are concerned about the future trend, with the RSI indicator approaching 33, showing that the asset is facing downward pressure.