Why Did Ripple’s (XRP) Price Tumble by 8% Daily?

TL:DR;

• The entire crypto market turned red on Sunday morning, but some altcoins were hit harder than others.
• XRP’s price decline came just hours after a warning by a popular analyst that whales have started to sell off their holdings.

The third-largest cryptocurrency failed to go into uncharted territory a few weeks back, and it was stopped 1% away from its 2018 all-time high of $3.4 (CoinGecko data). Since then, the asset has failed to resume its rally and actually slipped to $2.8 during the Monday correction.