XRP Buildout Near $2.40 Could Precede Sharp Relief Rally if Whales Ease Pressure

The recent developments surrounding XRP suggest that if the price approaches the $2.40 mark, it could trigger a significant and sharp relief rally in the market. This potential upward movement may occur especially if large investors, commonly referred to as "whales," decide to ease their selling pressure. Their actions could create a more favorable trading environment and lead to increased buying momentum, revitalizing interest and confidence among smaller investors and traders. Therefore, monitoring the behavior of these influential market players will be crucial in determining whether XRP can sustain upward momentum in the near future. source: https://www.coindesk.com/markets/2025/10/16/xrp-buildout-near-usd2-40-could-precede-sharp-relief-rally-if-whales-ease-pressure