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XRP Crypto Whales Sweep $2 Billion in 3 Days: Breakout or Bull Trap? $XRP
Between Sunday, December 25, and the time of publication, XRP crypto whales have amassed $2.17 billion worth of tokens. The significant purchases have fueled speculation that the XRP price could be poised to hit new highs with just days left before the year ends.
XRP whales have added $2.17 billion worth of tokens in three days, boosting confidence in a potential breakout.
The increase in exchange inflows suggests mixed activity, with selling pressure slightly offsetting buying momentum.
A bull flag breakout could push XRP to $3.50, but heavy selling by whales could see the price drop to $1.98.
XRP Price Prediction: Bull Flag Forms Again, Rally to $3.50 Appears BeInCrypto’s assessment of the XRP/USD daily chart shows that the altcoin has formed a bull flag. A bull flag is a bullish pattern characterized by two upward rallies separated by a short consolidation phase.
The pattern begins with a sharp price spike, forming a “flagpole” as buyers overpower sellers. It is then followed by a correction, creating parallel upper and lower trendlines that resemble a flag.
As shown below, the XRP price is on the verge of breaking through the upper trendline of the flag. If successful, the altcoin may rally towards $3.50 in the short term.
However, if XRP whales decide to sell in large volumes, this trend may change. If the token also falls below the lower trendline of the above pattern, a drop to $1.98 could be next.
IMO, this coin is just overhyped & overrated. There are many other coins with good potential. Despite the big profit, I waited too long starting from when XRP investment was at 0.5. DYOR
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Hafiz Ahsan Shehryar
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"I've been reading posts about XRP and I'm starting to feel like I'm being influenced or misled. Can someone please give me an honest explanation of what's actually going on with XRP and what the future might hold?"#FullMarketBullRun #MarketNewHype $XRP
XRP is forming a bullish flag...on track for $3.70-3.76 in 4 days then a correction will occur that will test the newly established Lower Lows. 🚨🚨 👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸
The mindset of wanting to get rich quickly has changed, bro, new listing & being fooled by the fomo of influencers with lots of followers on X. Hopefully you'll get poorer 😆😆😆
Reaching 3 dollars is not enough, logically releasing stable coin justy XRP will be stable. BTC goes up XRP goes down, BTC goes down XRP goes down even more. Doesn't make sense. Overhype coin. Trash
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U.today
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1.5 Billion XRP Drop: What's Happening?
XRP has recently shown contrasting trends across its price chart and on-chain metrics, sparking concerns over its sustainability. While the price has surged significantly, on-chain activity tells a less optimistic story. The sudden breakout visible on the price chart indicates substantial momentum, as XRP has successfully broken past a descending triangle resistance zone. This movement pushed XRP to levels around $2.63, showing a remarkable 5.62% daily gain and signaling a potential bullish rally.
However, the on-chain metrics paint a more concerning picture. The number of payments dropped sharply after Dec. 2, where transactions peaked near two million. Since then, activity has fallen to one million, marking a significant decline. Similarly, the XRP payment volume, once at a robust three billion, saw a dramatic dip, falling below one billion in subsequent days. This suggests declining utility and reduced network participation.
Another crucial metric to consider is the number of active accounts. During the late November rally, active accounts soared above 100,000 but have now tapered off to below 50,000, further confirming diminishing user engagement. This decline in on-chain fundamentals hints that the price spike may not be fully supported by strong adoption or usage growth, which raises questions about its longevity.
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From the technical perspective, XRP remains in a precarious position. The immediate support zone sits near $2.10, which aligns with the 50-day EMA, serving as a cushion if selling pressure increases. On the upside, $2.85 remains the critical resistance to watch for XRP to confirm its bullish breakout.
If on-chain metrics fail to recover alongside price action, XRP’s recent upward momentum may falter, leading to a retracement toward support levels. Investors should monitor network activity and transaction volumes closely for signs of a healthier, sustainable rally. While price movements are encouraging, the lack of fundamental support poses a risk to XRP’s current recovery.
Why Isn't $PEPE 🚀 Soaring After Elon Musk's Tweets? 🤔
Elon Musk's tweets about $PEPE have been a rollercoaster ride, but the coin's price hasn't skyrocketed as expected. 🎢 Why is that? Let's break it down:
Market Mood 📉: The crypto market is still recovering from recent dips, making investors cautious. Fading Hype? 💨: The excitement around $PEPE might be cooling down, as online activity was slowing before Musk's tweets. Waiting for a Stronger Signal 🚦: The market is eagerly awaiting a more definitive endorsement from Musk or other influential figures to trigger a price surge. Whales on the Prowl 🐳: Big players might be quietly accumulating $PEPE, waiting for the right moment to unleash a price explosion. But Don't Count $PEPE Out Just Yet! 💪 Despite these factors, $PEPE has shown significant growth, especially after one of Musk's tweets. The coin's active community and volatile price make it an exciting, albeit risky, investment.
So, while the immediate future of $PEPE remains uncertain, it's clear that this meme coin has captured the imagination of many. 🔮 #MicroStrategyJoinsNasdaq100 #CryptoUsersHit18M $BNB
Playing crypto, futures also use loan shark money. Poor mentality pretending to invest. Hopefully because of your many debts you will go crazy lol
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xenq
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Crypto is just a scheme, collecting for a month, eaten by the dealer only shari, please help, where is the BRI bank debt that has not been paid 😭,, Akulaku still has 3 million, 😭😭😭 even got liquidated binen kmprt,, 💩💩💩 $BTC $IOTX $SOL
Empty analysis and predictions, talking carelessly and feeling like an expert 😂
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Elmira mavik
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The Start of the Largest Altcoin Season in History Begins Tomorrow!
The crypto market is buzzing with anticipation as the biggest altcoin season in history is set to kick off tomorrow! For those who are new to the term, "altcoin season" refers to a period when alternative cryptocurrencies (those other than Bitcoin) experience significant price increases and outperform the leading cryptocurrency. Historically, altcoin seasons have seen smaller coins make substantial gains, attracting attention from investors and traders alike. What makes this altseason particularly exciting is the growing momentum and the influx of new technologies, projects, and partnerships. With major developments on the horizon, many are predicting that this altseason could eclipse previous ones in terms of market impact. However, predicting the exact timing and the coins that will benefit the most can be challenging, as the cryptocurrency market is notoriously volatile. As always, it’s important to approach these opportunities with caution and consider the risks involved. Whether you're planning to invest or simply observing the space, it’s a thrilling time for the crypto community. Stay tuned—tomorrow could mark the beginning of something monumental! #BinanceHODLerMOVE #BURNGMT #MOVEOpening #MicroStrategyAcquiresBTC #PEPELeapsToNewATH
Cutloss or you will wait for money to petrify like in 2018. Xrp is just an overrated & overhyped trash coin. Its bullish period is over, profitable investors have sold it
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LUKEWOOD29
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"I invested $1000 in XRP at $2.73, but unfortunately, my investment has decreased to $350. I'm struggling to understand the reason behind this significant drop. Should I hold on to my XRP or consider other options? #XRP #Investment #Debate2024 $XRP
Because this is a trash coin that is exaggerated by influencers, social media. Sell before it's too late and invest in a proven coin.
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Dictator47
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Bullish
$XRP Why Is XRP Dropping Even Though the Market Is Bullish? 🤔📉
The crypto market is turning green! 🌱 Bitcoin (BTC) has smashed the $100K milestone 🚀🎉—a huge win, especially since many thought it might drop below $90K. But while BTC takes the spotlight, altcoins like XRP and ADA, which recently hit $1 after a long wait, are feeling some pressure. 😬
XRP’s price has taken a hit 📉, even losing its spot as the third-biggest crypto to Tether (USDT). So, what’s going on? Are traders cashing out profits, or is this just a pause before the next big move? 🤷♂️
What’s Happening with XRP?
• Exchange Activity: More XRP is sitting on exchanges, meaning traders might be prepping to sell or swap. 🏦💱 • Daily Activity: Both the number of active addresses and transactions have dropped, suggesting no immediate action from traders. 💤 • Price Movement: XRP is trading in a rising but expanding channel. After a recent dip, it’s under upward pressure, but the RSI (Relative Strength Index) is falling. This could mean prices might drop further to a support zone between $1.83 and $1.94. 🔽
The Bigger Picture
Bitcoin’s massive rally is pulling liquidity back into BTC, making altcoins like XRP take a backseat for now. But once BTC cools off—expected around $108K—altcoins could take off! 🚀✨
XRP might rebound strongly soon, as selling pressure is still low compared to buying. If the rally picks up, XRP could not only recover but even smash past its all-time high (ATH) to hit $4. 💪💸
XRP is in a consolidation phase while BTC steals the show. But don’t count it out once the market shifts, XRP could come back stronger than ever! 🚀#BTC100K! #CryptoHistoricMoment #CryptoMarketHype #XRPReclaimsTop3 $BTC $ADA
Cutloss overhyped trash coins. They are proud to assume that these coins will be used by banks, while the reason we play crypto is to avoid physical money in the bank. Logical?
The idea of $PEPE reaching $1 might sound thrilling 🤩, but let’s break down the numbers—because math doesn’t lie!
💡 Market Cap Madness
For $PEPE to hit $1, its market cap would have to skyrocket to a mind-blowing $350 TRILLION USD—that’s more than: 🔹 The entire crypto market ($2.8 trillion) 🌐 🔹 The value of all global financial assets ($350–400 trillion) 💹 🔹 Annual global GDP (~$95 trillion) 🌍
🚀 Even if aliens pitched in, it’s not happening! 👽
📉 The Supply Problem
$PEPE’s massive token supply keeps its price potential in check: 🔸 At $0.01, $PEPE’s market cap would surpass $3.5 trillion—bigger than Bitcoin! 🤑 🔸 At $0.10, it would dwarf the total value of all U.S. stocks (~$35 trillion USD) 📈.
For to hit $1, we’d need: 1️⃣ A crypto market thousands of times larger 🌌 2️⃣ A global financial overhaul where all wealth is converted to 💰 3️⃣ Alien investors (seriously) 👽
🎉 The Real Deal with Meme Coins
Meme coins like are all about hype and fun, not long-term value. They’re great for speculative plays, but $1? It’s a no-go.
🔑 Conclusion: hitting $1 is a mathematical impossibility 🚫. But as a speculative asset, it’s still a fun ride—just keep your expectations realistic. Invest smart, enjoy the memes, and have fun! 🚀🐸