XRP whales are making BIG moves! Over 210 million XRP ($233 million) have changed hands in just 24 hours, signaling potential strategic shifts in the market. Hereโs the breakdown:
๐น 110.93 million XRP (worth $123.59 million) moved from Binance to an unknown wallet
๐น 100 million XRP (valued at $110.17 million) transferred between two unknown wallets
These massive transactions come on the heels of rising speculation about a Ripple-Cardano partnership! ๐ With Rippleโs CTO David Schwartz and Cardanoโs Charles Hoskinson recently interacting, the rumor mill is buzzing!
Technical Indicators Are Bullish ๐
Despite the recent price dip, XRPโs chart is showing signs of a bullish breakout:
โ Golden Cross โ 50-day MA crosses above the 200-day MA
โ MACD Positive โ Strengthening momentum
Experts believe XRP could be gearing up for an upward surge, with the next key target at $1.14. If it breaks that, we could see a major rally!
XRPโs Long-Term Outlook ๐ฎ
Crypto analysts are predicting big things for XRP in the coming cycle, with some projecting a potential surge to $20! ๐ The legal clarity gained after Ripple's partial victory against the SEC has many analysts optimistic about the future of XRP.
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