📉 Market Shakeup: $XRP nosedived by over 10% on Nov 26, sliding from $1.48 to $1.31 within hours. A massive $20M in long positions were liquidated as profit taking and market volatility struck hard!
🐋 Whale Moves: Big players seized the dip, snapping up 50M XRP, signaling long-term bullish confidence. Whales know the game do you?
🔥 Analysts Predict:
📊 Short term: Recovery to $1.60 if XRP breaks out of consolidation.
🚀 2025: Predictions range from $2.92 to an ambitious $8.42 don’t miss out on what could be a life-changing ride!
📌 Key Drivers:
1️⃣ Regulatory Clarity: Ripple’s legal wins vs. SEC could spark a major surge.
2️⃣ Institutional Adoption: Ripple’s global financial partnerships are just getting started.
3️⃣ Tech Growth: Ripple’s continuous innovation keeps XRP at the forefront of utility tokens.
💡 Feeling the FOMO? Don’t just watch stay informed and DYOR!
Sources:
https://cointelegraph.com/news/why-is-xrp-price-down-today
https://coingape.com/markets/how-low-could-xrp-price-drop-in-november-2024/
https://thecurrencyanalytics.com/altcoins/xrp-whale-dumps-27-2m-as-price-faces-potential-correction-148491
