Why Isn’t XRP Going Up After SEC Lawsuit Win
So why isn’t XRP going up even after what many thought would be an explosive victory? The answer actually lies in various major whale distribution patterns that have catalyzed downward pressure right now. While the XRP SEC lawsuit resolution should have accelerated massive gains, large holders are systematically selling, which explains why isn’t XRP pumping as expected. On-chain data reveals distribution initiatives have spearheaded accumulation reversals, and this keeps XRP stuck below several key resistance levels at the time of writing. Also Read: Ripple XRP Price Prediction Rallies Amid Trump 401k Changes Why Isn’t XRP Pumping Despite SEC Lawsuit Win and Price Uncertainty Source: Coin Edition Whale Selling Pressure Explains the Current Situation The primary reason why isn’t XRP going up revolves around the strong large holder distribution patterns that are currently present. Whales are selling at strength and this has created a steady weight in the direction ...