💰 Whale Movements:
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- Whales Sell: Ripple whales holding 1M-10M XRP tokens have slightly decreased their holdings between August 22 and 23.
- Retail Traders Buy: Despite whale selling, retail traders holding less than 1,000 XRP tokens are accumulating.
🚀 Price Action:
- XRP at $0.60:XRP is hovering around this key psychological level, with the potential to extend gains by nearly 10%.
- Target Price: A potential rise to **$0.6602** is expected, aligned with the 50% Fibonacci retracement level.
📊 Technical Indicators:
- MACD Indicator:Shows underlying positive momentum, suggesting further upward movement.
- Support Zone: XRP could find support in the Fair Value Gap (FVG) between $0.5845 and $0.5875.
🌟 Ripple’s Swell 2024 Event:
- Event Date: Ripple’s flagship event, Swell 2024, is scheduled for October 15-16 in Miami, Florida.
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