2024

Momentum

Coin

<ul class="wp-block-list news-points">
 <li><strong>Whale transfers of 100M XRP spark investor speculation of a price rally ahead.</strong></li>
 <li><strong>XRP shows strong support at $0.5138 and faces resistance near $0.5250.</strong></li>
 <li><strong>Bullish momentum indicated as MACD trades above the signal line, RSI remains neutral.</strong></li>
</ul>
<p>Large XRP transactions have fueled speculation about a potential price rally. Whale Alert reported a transfer of 100 million XRP, worth approximately $51.6 million, between two unknown wallets. This whale transaction has increased expectations of near-term price action. <a href="https://coinedition.com/xrp-to-regain-bullish-momentum-if-btc-surges-past-67k-analyst/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">XRP’s current price trend</a> and key support and resistance levels provide clues about its potential direction.</p>
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> 100,000,000 <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> (51,645,295 USD) transferred from unknown wallet to unknown wallet<a href="https://t.co/tWxx94W026" target="_blank" rel="noopener noreferrer nofollow">https://t.co/tWxx94W026</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1850979337199144975?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 28, 2024</a>
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<h2 class="wp-block-heading" id="h-price-trend-and-momentum-for-xrp">Price Trend and Momentum for XRP</h2>
<p>XRP has shown a gradual upward price trend throughout the day, trading at <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="noopener noreferrer nofollow">$0.5229 </a>with a 1.77% increase. The price experienced fluctuations before stabilizing, with minor dips leading to a sustained rally.</p>
<p>XRP’s price rose close to $0.525, briefly touching its daily peak. This upward movement indicates underlying market strength.</p>
<p>Key support levels for <a href="https://coinedition.com/xrp-faces-market-pressure-as-sec-appeal-sparks-uncertainty/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">X…</a></p>
<p>The post <a href="https://coinedition.com/xrp-price-surges-following-large-whale-transaction/" rel="noopener noreferrer nofollow">XRP Price Surges Following Large Whale Transaction</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

XRP Price Surges Following Large Whale Transaction

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