Whales Snap Up 100M XRP, Igniting a Surge and Rewriting Price Trends
- Whale activity and 82% volume surge push XRP to a 5.62% price gain.
- Key support at $3.10 and $3.00 crucial for sustaining XRP’s bullish trend.
- RSI at 57.51 signals room for upside before entering overbought territory.
XRP saw significant whale activity in the last 48 hours, with over 100 million XRP purchased. According to analyst Ali Martinez, this buying pressure contributed to a 5.62% price increase, pushing XRP to $3.29.
The price trend highlights strong volatility, with a dip below $3.10 followed by a sharp rebound. This article explores XRP’s recent price performance, key support and resistance levels, and technical indicators shaping its outlook.
XRP Price Trend Analysis: Recovery Following Bearish Dip
XRP began the day at $3.12, rising to $3.29 before dipping below $3.10. Despite the decline, strong buying interest helped recover the losses. Increased trading volume, up 82.16% in 24 hours, played a key role in this rebound, indicating heightened market activity.
Related: Why XR…
The post Whales Snap Up 100M XRP, Igniting a Surge and Rewriting Price Trends appeared first on Coin Edition.
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Whales Snap Up 100M XRP, Igniting a Surge and Rewriting Price Trends
- Whale activity and 82% volume surge push XRP to a 5.62% price gain.
- Key support at $3.10 and $3.00 crucial for sustaining XRP’s bullish trend.
- RSI at 57.51 signals room for upside before entering overbought territory.
XRP saw significant whale activity in the last 48 hours, with over 100 million XRP purchased. According to analyst Ali Martinez, this buying pressure contributed to a 5.62% price increase, pushing XRP to $3.29.
The price trend highlights strong volatility, with a dip below $3.10 followed by a sharp rebound. This article explores XRP’s recent price performance, key support and resistance levels, and technical indicators shaping its outlook.
XRP Price Trend Analysis: Recovery Following Bearish Dip
XRP began the day at $3.12, rising to $3.29 before dipping below $3.10. Despite the decline, strong buying interest helped recover the losses. Increased trading volume, up 82.16% in 24 hours, played a key role in this rebound, indicating heightened market activity.
Related: Why XR…
The post Whales Snap Up 100M XRP, Igniting a Surge and Rewriting Price Trends appeared first on Coin Edition.
Read More
Ripple’s Monica Long on XRP Utility & Why Regulatory Clarity Precedes IPO