XRP Price Prediction: XRP Plunges 8% Even Amid Whale Buys As Experts Say This Wallet Token Is The Best Crypto To Buy Now

The below article is sponsored, meaning Insidebitcoins may receive a commission for affiliate links in the content. Cryptocurrencies are high-risk investments, and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest.

XRP price
XRP price

Join Our Telegram channel to stay up to date on breaking news coverage

The XRP price plummeted 8% in the last 24 hours to trade at $3.21 as of 10:42 p.m. EST as investors dump their holdings in the crypto on the market.

That drop comes after renowned analyst and trader Ali Martinez noted in an X post yesterday that whales have purchased over 280 million XRP in just the past 10 days. 

XRP Price Drops Towards Support After Rejection

XRP Chart Image

Daily chart for XRP/USD (Source: GeckoTerminal)

The XRP price was rejected by the resistance level at $3.6264 in the last 48 hours, and has since dropped towards the nearest support level at $2.9983, data from GeckoTerminal shows. Should the altcoin fall below this technical safety net within the next 24-48 hours, it might plunge all the way down to $2.5894.

However, traders identifying the current XRP price as a buy opportunity could result in a more bullish scenario playing out. In this alternative case, the crypto might once again try to flip the aforementioned $3.6264 resistance level into support. If this happens, the altcoin could have the technical foundation needed to rise to a new all-time high (ATH) in the following few days.

Technicals Warn The XRP Price Drop May Not Be Over Yet

From a technical point of view, indicators on the daily chart, specifically the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI), warn the XRP price drop might not be over yet.

A major bearish technical flag is on the verge of being triggered by the MACD, as the MACD line looks to cross below the MACD Signal line. This technical event could confirm that the XRP price has entered a bearish trend.

Buyers have also lost a lot of strength over the past few days, as suggested by the decrease in RSI readings during this period. What’s more, the current reading above 60 warns that there is still a fair amount of room for the XRP price to drop before it enters oversold territory. 

If the technical warnings presented by the MACD and RSI influence traders’ decision making, the XRP price could drop below the $2.9983 support within the next 48 hours.

While technical indicators point to a continued drop for the XRP price, investors are buying into the presale for Best Wallet (BEST). According to Crypto Boy, a popular crypto analyst on YouTube with over 61.5K subscribers, the token is one of the best cryptos to buy.

A Wallet That Comes With All Of The Features Investors Need

Best Wallet is a new crypto wallet solution that entered the market in late 2024 and is already taking the market by storm. The app comes with a range of features, including a decentralized exchange (DEX), in-app staking, a token launchpad, and more, giving users a single platform to securely store and grow their crypto holdings.

The app also comes with support for over 60 blockchains, as well as the thousands of cryptos that run on them. It even allows investors to import their wallets from across the Web3 ecosystem, simplifying portfolio management. 

Security is also top-notch. Not only is the app non-custodial, meaning private keys aren’t saved on a central server somewhere, Best Wallet also comes with biometric scanning and 2-factor authentication.

Best Wallet Tweet

Of all of the features Best Wallet has to offer, its “Upcoming Tokens” section is a standout. This feature flags high-potential cryptos that are still in their early stages. So far, it successfully identified Pepe Unchained (PEPU) and Catslap (SLAP), meme coins that went on to print massive gains for early investors.

BEST token holders also unlock additional perks, such as lower transaction fees, higher staking rewards, early access to new projects, as well as the ability to participate in Best Wallet’s governance. 

BEST Presale Blasts Past $14 Million

Best Wallet is pulling investors in with its ongoing presale, as evident by the more than $14.1 million in early-stage funding that has been pumped into the project’s presale so far. 

There’s still time left for investors to get in at this ground level of the project. To participate in the presale, investors can purchase BEST via the simple buy widget embedded on the project’s website. Selling for $0.025375, the token can be bought with either crypto or bank card. 

Once bought, the tokens can also be staked for a 96% APY.

To secure the best presale deal, investors will want to hurry. As the presale progresses. BEST’s price will increase. The next presale price hike is in less than 18 hours. 

Visit the official Best Wallet website. 

Related Articles:

Best Wallet - Diversify Your Crypto Portfolio

Our Rating

Best Wallet
  • Easy to Use, Feature-Driven Crypto Wallet
  • Get Early Access to Upcoming Token ICOs
  • Multi-Chain, Multi-Wallet, Non-Custodial
  • Now On App Store, Google Play
  • 250,000+ Monthly Active Users
Best Wallet

Join Our Telegram channel to stay up to date on breaking news coverage

Read next