cryptd.in

Alternatīva LinkedIn kriptogrāfijai draudzīgiem talantiem

Ripple’s XRP Tanks 8% in 24 Hours as Market Volatility Grips Traders

-

līdz

cryptd.in
vietnē

TL;DR

  • XRP fell 8% to $2.91, facing heavy selling as hourly volume spiked sharply.
  • Whales sold $28M daily, after 310M XRP were accumulated ahead of the recent rally. Exchange balances had also declined recently.
  • Analysts see $3.23 as key resistance and $2.80 as a crucial short-term bullish zone.

XRP Faces Sharp 24-Hour Decline

Ripple (XRP) dropped 8% in the last 24 hours, sliding from a session high of $3.17 to a low of $2.9. The steepest move came during the midnight trading window on August 1, when the token fell 3% in one hour on 259.21 million units traded, nearly four times its usual hourly volume.

At press time, XRP trades at $2.91 with a 24-hour trading volume of $7.4 million. Over the past seven days, the token is down 5%. Its market capitalization stands at $174 billion, based on a circulating supply of 59 billion XRP.

Analyst Notes Bullish Monthly Candle

Crypto analyst CRYPTOWZRD said the daily candle closed bearish, while the monthly candle finished strongly bullish. He explained that XRP holding above $2.80 remains a bullish area, and a push beyond $3.30 could lead to a rally toward $3.65.

Intraday analysis shows $3.23 as a key resistance level. Trading above it could support long positions, while a drop below $3 keeps conditions bearish. The analyst expects short-term volatility, with Bitcoin and its dominance likely to guide market direction.

Market Structure and Whale Activity

A double bottom pattern may be forming as XRP bounced twice from the same support level. A confirmed break above the pattern’s resistance would open the way for a new attempt at recovery.

On-chain data shows mixed whale behavior. Large holders have sold roughly $28 million worth of XRP per day over the last 90 days. 

At the same time, over 310 million XRP tokens, valued at nearly $1 billion, were accumulated during the recent correction as exchange balances fell, showing movement toward off-exchange storage.

Amats Ripple’s XRP Tanks 8% in 24 Hours as Market Volatility Grips Traders appeared first on CryptoPotato.

Komentāri

Atbildēt

Jūsu e-pasta adrese netiks publicēta. Obligātie lauki ir atzīmēti kā *

Jaunākās plūsmas

Populāras kategorijas

lv Latviešu valoda
lv Latviešu valoda en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Meklēšana vietnē

Populāri stāsti

Tags

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (370) #BitcoinETF (3) #BitcoinFundamentals (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #BTitwise (1) #BracebridgeCapital (1) #BRC20Tokumenti (1) #BTCiepirkšana (1) #BullishPredictiction (1) #BullishSentiment (1) #Cķīniešu kalnrūpniecība (1) #CPIPārskatīšana (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #C kriptoregulācija (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (64) #DogecoinGains (1) #DogecoinVolume (1) 1TP5DutchCourt (2) #ECkomercija (1) #ElSalvadorBitcoin (1) #Ethereum (62) #EtereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Financiālā ietekme (1) #Finanšu konfidencialitāte (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) 1TP5Investīcijas (1) #Investīciju zaudējumi (1) # japāņu firma (1) #LegalAction (1) #Juridiskā ietekme (1) #Legislatīvie akti (1) #LightningNetwork (1) #M tirgus analīze (3) #M Tirgus uzraudzība (1) #MarketPredict (1) #M tirgus prognozes (1) #MarketProjection (1) #MarketSupport (1) #MarketVolatility (1) #M laulība (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitability (1) #M naudas atmazgāšana (2) #MtGox (3) #NorthKoreaCrypto (1) #NovogratzPrognoze (1) #PriceMilestone (1) #Pcenu prognoze (2) 1TP5 cenu jautājums (1) 1TP5Cenu kāpums (1) #PrisonSentence (1) #QuantAnalysis (1) #eikšanās regulatīvajam spiedienam (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) #ehniskā analīze (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USKongress (1) #WyomingLand (1) #XR Cena (1) #XRPupswing (1)

Noderīgas saites

Saites, kuras man šķita noderīgas un ar kurām es gribēju dalīties.