cryptd.in

另类 LinkedIn 适合加密人才

Will This Crucial Support Finally Halt XRP’s Freefall as Ripple Whales Return?

-

由

cryptd.in
于

简要说明

  • Ripple’s native token has been in an apparent downward spiral, losing over 20% of its value since its all-time high marked in mid-July.
  • The asset has approached a crucial support that could determine its next market moves. At the same time, whales’ most recent behavior hints at recovery.

XRP’s Price Future

XRP, alongside the rest of the crypto market, has not enjoyed the past 10 days or so. The asset stood above $3 and even $3.1 until last Sunday when the broader market’s crash pushed it south to $2.82 within just over a day.

Its recovery attempt drove it to $3.08 on Wednesday, but the bears quickly reemerged and didn’t allow another leg up. In fact, there were warnings about an upcoming retracement to $2.83, which materialized on Friday. Moreover, XRP dived further in a drop to $2.76 earlier today, which became its lowest price level since August 3.

The $2.76 price line has a particular significance in determining XRP’s future. Ali Martinez, who predicted the correction to $2.83, believes this is a crucial support level that needs to hold for the asset to remain in a bull market structure.

CRYPTOWZRD also touched upon XRP’s price moves, saying that the asset closed indecisively on the daily and is testing the same key support. The analyst noted that XRP needs to move beyond $2.94 and hold there, which would “trigger a long.”

Ripple Whales Are Back

These large market participants rode the XRP wave in July when the asset peaked at $3.65 with massive accumulations ahead of that rally. However, they changed strategy in the following weeks by offloading 470,000,000 tokens in just ten days, as 报告 on August 20.

Further on-chain data sound the alarm that Ripple whales had been quietly exiting the XRP market for a while, which is generally regarded as a bearish sign. However, more recent data shared by Martinez showcases another 180-degree turn by these big investors.

In the span of the previous two weeks, they have accumulated 340,000,000 XRP tokens, valued at over $950 million at today’s prices. This is a positive sign for XRP’s future price trajectory as whales typically buy during price dips and before massive rallies.

职位 Will This Crucial Support Finally Halt XRP’s Freefall as Ripple Whales Return? 首次出现在 加密土豆.

评论

發佈留言

發佈留言必須填寫的電子郵件地址不會公開。 必填欄位標示為 *

最新信息

热门类别

zh_TW 繁體中文
zh_TW 繁體中文 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 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 lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (458) #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 (74) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (74) #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 (6) #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。