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XRP Flashed A Buy Signal On The 3-Day Chart—So Why Are Whales Dumping?

XRP Flashed A Buy Signal On The 3-Day Chart—So Why Are Whales Dumping?

Bearish
XRP
Benzinga

XRP (CRYPTO: XRP) has printed a TD Sequential buy signal on the 3-day chart, but analyst Ali Charts warns the signal is likely short-lived as whales have offloaded roughly 60 million XRP over the past week. The Buy Signal Is Real But Whales Are Not Buying It The TD Sequential indicator on the 3-day chart historically anticipates a one to four candlestick rebound, offering short-term relief from compression rather than a trend reversal.

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The original article is written in English.