XRP Buy Signal Emerges as Whales Dump 60M XRP, Activity Drops 57%
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Amid the week-long price dip, XRP has flashed a new buy signal on a key technical indicator. However, declining whale activity and continued selling by large holders suggest traders may need to remain cautious.
XRP whales are bucking the trend with noticeable moves amidst a wider backdrop of uninspiring price movements for the cryptocurrency. A recent surge in XRP acquisitions has caught the crypto community’s attention, as large-scale investors acquired $228 million worth of the digital asset in a few days. Interestingly, this noticeable…
Ripple (XRP) is showing signs of recovery in market structure in early January as broader crypto conditions improved. The crypto asset posted more than 15% in monthly gains following a much-needed respite. According to a recent analysis by CryptoQuant, the latest move could be a possible turning point, supported by…
In the last 48 hours, the XRP market has witnessed a significant amount of large-scale transactions, drawing much attention from the general crypto space. According to data from blockchain tracker Whale Alert, XRP whales conducted transactions involving over a billion XRP on Friday, September 1. Ripple Transfers 75 Million XRP…