Breaking News
XRP Whale
157M Tokens Transferred – Is a Major Rally Ahead?
Whale Activity:
- 157 million XRP tokens worth $75.05 million moved from centralized exchanges.
- Significant transfers were via Binance and Bitvavo.
Current Price and Performance:
- XRP is trading near $0.50 with an 8% price surge in the last 24 hours.
- Trading volume decreased by 12%, indicating lower trader participation.
Market Sentiment:
- XRP community remains bullish.
- Ripple CEO predicts most cryptocurrencies will fail, but XRP will succeed.
Technical Analysis:
- XRP is at a crucial support level of $0.48.
- RSI indicates a potential price reversal from oversold conditions.
Future Prospects:
- If market sentiment improves, XRP could rally over 30%.
- A close below $0.45 could trigger a significant decline.
Liquidation Levels:
- Major liquidation levels: $0.463 (lower side) and $0.532 (upper side).
- $18.61 million in long positions and $9.71 million in short positions could be liquidated at these levels.
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