# 🚨 Alert $XRP Bears are in control!

Hello! 👋 Let me clarify what is happening with XRP right now - and the situation doesn't look good! 📉
# 📊 Current Situation
**XRP is in trouble, friends!** The token may:
- 🔻 **decreased by 7%** over the past week since September 18
- 💔 is currently struggling around the range **$2.93-$2.94**
- 🎯 **The $3 target** seems increasingly out of reach before the end of the month.
# 🐋 Whale drama unfolds
Here it gets interesting ( and concerning ):
# # 1. **Short-term holders are fleeing** 🏃‍♂️
- Short-term holders (1-3 months) sell **steadily**
- Their dominance decreased **5% in just 3 days** to 10.72% of the supply
- When these quick-reacting investors sell, it often heralds upcoming problems!
# # 2. **Whales Swim Far Away** 🐋💨
- Major players ( holding 10-100 million XRP ) have disposed of **90 million tokens** since September 19
- This mass exodus of whales sends red flags 🚩 about market confidence.
# 📈 Technical analysis says...
The charts paint a bearish picture:
- 🌩️ **Below the Ichimoku Cloud** = Confirmed downward trend
- 💪 **Resistance levels** at $2.93 and $3.04 act as brick walls
- ⚠️ **Potential decline** to $2.78 if selling pressure continues
**But wait!** There is still hope: if buying momentum increases, XRP could bounce towards $2.99 and maybe challenge the stubborn resistance at $3.04! 🚀
The information does not constitute investment advice.