cryptd.in

另类 LinkedIn 适合加密人才

Ripple Whales Take Control of XRP Trading as Key Metric Signals Potential Rally

Although it was rejected at $2.40 at the beginning of the year, crashed hard in the following month, and even its rebound attempt was halted at $1.65, XRP is still primed for upcoming gains, noted a few analysts on X.

The factors that could propel an impressive rally are whales’ behavior and the growing network usage of the XRP Ledger. Additionally, the XRP/BTC trading pair has reached a pivotal moment that could determine the future price moves of Ripple’s token.

Whales Dominate

Analyst CW indicated that the transactions on the XRP Ledger have been growing lately, which they categorized as a “positive signal” in the current macro conditions. This is because investors generally abandon the market and transactions decrease during bear phases. However, a rise in this metric now is a pattern that precedes a price rally.

In another post, the analyst outlined the significance of big whales in the XRP ecosystem. They noted that these large market participants continue to dominate XRP trading, maintaining a buying trend. CW added that they continue to accumulate tokens at prices below $2.40.

This is also regarded as a bullish signal for the underlying asset, as whales typically make sizeable purchases that reduce the immediate selling pressure. Moreover, retail investors tend to follow whales.

The XRP/BTC Pair

In a post titled “The Hidden Liquidity Cycle,” analyst EGRAG CRYPTO explained that the XRP/BTC pair demonstrates when “capital rotates” from the market leader to the altcoins. Historically, “XRP explodes” when this happens.

After noting that the green zone (in the chart below) is where XRP had become “extremely overextended” and a likely crash against BTC is coming, and the red area is the opposite, the analyst added that Ripple’s token is currently in the accumulation phase of the current cycle.

If it breaks above the silver line, currently positioned at around 0.00003600 SAT, its rally is expected to begin. XRP/BTC is trading around 0.00002000 SAT as of press time.

EGRAG explained, though, that the XRP/BTC liquidity pair tends to move in long 7-8-year cycles, so this anticipated rally could take a while before it reignites as it did in late 2024.

职位 Ripple Whales Take Control of XRP Trading as Key Metric Signals Potential Rally 首次出现在 加密土豆.


评论

发表回复

您的邮箱地址不会被公开。 必填项已用 * 标注

最新信息

热门类别

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (425) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (73) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (69) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (5) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接,希望与大家分享。