During the correction, the price of $XRP is approaching the important level of $2. If the price reaches this level and shows a reaction, a reversal movement will begin to form. The main target for growth is the 4-hour OB zone between $2.32 and $2.37.
The number of BTC in addresses with a balance of 1,000–10,000 coins has decreased by 220,000 BTC on an annual basis — this is the fastest decline since the beginning of 2023.
A similar reduction in positions in 2021–2022 occurred before the ATH was reached.