$XRP Whales Take Action

Whale Alert, a service that monitors significant blockchain transactions, reported significant movements involving XRP on July 30. Notably, whales transferred 70 million XRP tokens, valued at approximately $42.48 million, from the Binance exchange. These transfers were executed across three transactions within a 24-hour period, raising curiosity in the cryptocurrency community.

What Will XRP’s Price Be?

Analysts suggest that XRP’s price might be on the brink of a major movement, as indicated by the formation of a symmetrical triangle on daily charts. This pattern is often observed before significant price shifts. Historical data points to the potential for XRP to reach $0.73 and $0.85 if it breaks the $0.618 level in daily candle closes.