Shift

bullish

Moon

Convergence

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/whales-shift-massive-xrp-tokens-amid-price-struggles" data-wpel-link="internal" rel="noopener noreferrer nofollow">Whales Shift Massive XRP Tokens Amid Price Struggles</a><br></p>
<p style="text-align: justify"><a href="https://en.bitcoinhaber.net/xrp-surges-to-three-month-high" data-wpel-link="internal" rel="noopener noreferrer nofollow">XRP</a>‘s market performance has encountered challenges over the past day, with the price struggling to surpass the $1.14 resistance threshold. During this time, significant movements have been observed, with XRP whales transferring a staggering 210 million tokens. These activities have sparked speculation about a potential collaboration between <a href="https://en.bitcoinhaber.net/sec-appeals-ripples-xrp-court-rulings" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ripple</a> and Cardano.</p>
<h2 style="text-align: justify" id="strong-how-much-xrp-did-whales-move-strong"><strong>How Much XRP Did Whales Move?</strong></h2>
<p style="text-align: justify">Recent data from Whale Alert reveals that in one transaction, a notable amount of 110,930,712 XRP was moved from <a href="https://en.bitcoinhaber.net/binance-launches-43rd-launchpool-project-xai-the-first-layer-3-blockchain-network" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a> to an undisclosed wallet, valued at around $123.59 million. Additionally, another transaction involved 100 million XRP exchanged between two anonymous wallets, totaling approximately $110.17 million.</p>
<h2 style="text-align: justify" id="strong-what-do-technical-indicators-show-strong"><strong>What Do Technical Indicators Show?</strong></h2>
<p style="text-align: justify">The outlook for XRP appears promising according to technical analysis. A golden cross pattern has formed as the 50-day moving average exceeds the 200-day moving average, often signaling a long-term bullish trend. Moreover, the Moving Average Convergence Divergence (MACD) remains positive, indicating strengthening bullish momentum. This suggests that XRP may soon breach its current resistance levels.</p>
<p style="text-align: justify">Prominent market voices like CrediBULL Crypto have forecasted that XRP might soar to $20 in the current cycle. Meanwhile, analyst Moon Lambo highlighted a previous peak of $2, suggesting a possible rise to the $5-$8 range, with plans to build positions when XRP hits $10.</p>
<ul>
 <li>Whales moved 210 million XRP tokens recently.</li>
 <li>Potential partnerships could affect future price movements.</li>
 <li>Technical analysis shows a bullish trend with a golden cross pattern.</li>
</ul>
<p style="text-align: justify">Current whale activities and ongoing rumors regarding Ripple’s collaboration with Cardano are pivotal in shaping XRP’s price trajectory. A successful breakout above the $1.14 resistance level could lead to renewed investor interest and higher price points. The market remains watchful as developments unfold.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/whales-shift-massive-xrp-tokens-amid-price-struggles" data-wpel-link="internal" rel="noopener noreferrer nofollow">Whales Shift Massive XRP Tokens Amid Price Struggles</a></h5>

Whales Shift Massive XRP Tokens Amid Price Struggles

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