$XRP $1.57 BREAKOUT: 580M TOKENS WITHDRAWN đ
$XRP is pressing against the key $1.57 resistance after breaking out of a descending pennant. A reported 580M XRP whale withdrawal, alongside $6.76M spot outflows and falling exchange reserves, points to tighter available supply. Momentum also remains constructive, with buyers defending $1.50.
A clean break and hold above $1.57 could open the path toward $1.70. But rejection may send XRP back toward $1.50 for a retest.
Can bulls finally turn $1.57 into support?
#xrp
$XRP is pressing against the key $1.57 resistance after breaking out of a descending pennant. A reported 580M XRP whale withdrawal, alongside $6.76M spot outflows and falling exchange reserves, points to tighter available supply. Momentum also remains constructive, with buyers defending $1.50.
A clean break and hold above $1.57 could open the path toward $1.70. But rejection may send XRP back toward $1.50 for a retest.
Can bulls finally turn $1.57 into support?
#xrp
