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XRP is at growing risk of posting a daily close below the $1 level, on-chain data indicates, yet two countervailing signals — whale accumulation and a contraction in the supply held on exchanges — point to buying activity underneath the weakness.
The combination sets up a tension familiar from prior drawdown phases: price pressure running in one direction, large-holder behavior running in another.
The $1 Level and What a Close Below It Would Mean The probability of XRP printing a daily close beneath $1 is rising, according to on-chain analysis cited in the source report.
Round-number prices like $1 function as psychological anchors for retail traders and often concentrate stop-loss orders just below them.
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