Ripple's big moves are quite significant, suddenly increasing its holdings of XRP by 78 million USD, aiming directly for 4.5 USD!
The price of XRP is skyrocketing, already reaching 2.6 USD. A particularly impressive analyst even claimed: In the future, XRP below 2 USD might be something we never see again!
In this wave of bull market, Ripple Labs' own token XRP has certainly been in the spotlight, attracting a lot of attention, even those big shots in the cryptocurrency circle are keeping their eyes on it.
Have you heard? That big "whale" from Ripple just bought 30 million XRP in one go, which translates to 78 million USD! Just today, December 18, 2024, a big influencer in the crypto circle revealed online that those big shots bought so much XRP in the past 24 hours.
This matter actually dates back to two days ago, on December 16, when that big "whale" received 920 million XRP from Binance. This operation not only showed everyone a great buying opportunity but also hinted that XRP might be about to soar.
Interestingly, while this big "whale" was aggressively buying XRP, Ripple's new stablecoin RLUSD hadn't been released yet, and as a result, the price of XRP shot up.
What's the price of XRP now? It's almost 2.65 USD, having risen 6.10% in 24 hours! The trading volume also increased by 41%, it seems this big "whale" made a move, combined with the new developments of RLUSD, investors and traders are getting excited.
Market sentiment is also very positive, Ripple Labs' new moves make everyone feel that XRP's upcoming trends look pretty good.
From a technical perspective, XRP is on the verge of breaking through. If the daily closing price can exceed 2.67 USD, the possibility of it soaring to 4.5 USD will increase, with a potential rise of 79%!
Seeing this situation, everyone is eager to try, preparing to find opportunities to get in. Moreover, XRP's Relative Strength Index (RSI) is currently only at 66, not yet in the overbought territory, indicating that there is still room for growth!
As for the next layout direction, I will lead everyone to aim for lucrative opportunities in altcoins, especially those with great potential, with an expected growth space of over ten times is definitely not a problem. If you want to make big money in the bull market, like and leave a message, I will guide you through the entire bull market!
