The post Over $1.2 Billion XRP Sold Within 24 Hours – Why Are Investors Dumping Ripple? appeared on BitcoinEthereumNews.com.

Over $1.2 billion worth of Ripple tokens have been sold within 24 hours, with a vast majority of investors flocking to the Unilabs token. The XRP price is trading within the $2.9-$3.5 range. This is a very delicate price range for the Ripple token.  A technical analysis of the XRP price reveals the prevalence of a cautious sentiment. A breakout above $3.10 or a slip below $2.95 can have a huge impact on the Ripple token. Unilabs presale, on the other hand, continues to soar with a massive rise of almost $12 million.  XRP Price Analysis: Ripple Crosses $3.5 Resistance Level The XRP price has reached the $3.7 mark with an intraday increase of over 4.5%. The Ripple token is currently trading between $2.95 and $3.07, with a dominant green candle on the daily charts. Ripple’s intraday ascent indicates relative stability. Over the past week, the XRP price has shown mixed trends. The Ripple token dipped about 4.7% recently, even as Bitcoin edged up, signaling underperformance. The technical analysis reveals that the Ripple token also suggests a bullish projection for the XRP price. The Ripple token recently dipped after being rejected at the $3.10 level, falling over 6% to a low near $2.90. The XRP price is consolidating between $2.95 and $3.05 as Ripple stabilizes. The technical indicators show caution for the Ripple around the $2.95 support, which is being tested.  The lowest near-term risks for the XRP price lie below the $2.95-$3 range. An inverted cup-and-handle is forming around the Ripple token. This formation could signal a potential downturn if broken. However, reports suggest that bullish sentiment is still possible for the XRP price with ongoing ETF filings and institutional interest.  Unilabs Finance Advances With Result-Driven Tools  Unilabs Finance is standing out for giving investors more than just price…

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Filed under: News - @ August 9, 2025 7:27 pm