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XRP热度飙升

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XRP热度上升,24小时涨幅显着,当前价格突破2.53美元,涨势背后有哪些潜在驱动因素?你怎么看市场的后续走势?
交易员大饼
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#btc走勢 BTC: As long as the 1-hour level closes firmly around the position of 94304.7, it will continue to rebound tonight. The upper target is: around the two positions of 94763.3-95042.3. Stop loss was placed at the previous low: around 94139.4. No technical skills are required to understand the market. It is a market-reading software that is really suitable for novices. Wanru software, you only need to follow the software signal prompts to operate and buy and sell. It is simple, efficient and convenient, and you can easily make profits. Wanru makes trading easier! #XRP热度飙升 #加密市场回调 #BTC70K✈️ #BTC☀ $BTC $ETH $XRP {future}(XRPUSDT) {future}(ETHUSDT) {future}(BTCUSDT)
#btc走勢 BTC: As long as the 1-hour level closes firmly around the position of 94304.7, it will continue to rebound tonight. The upper target is: around the two positions of 94763.3-95042.3. Stop loss was placed at the previous low: around 94139.4.
No technical skills are required to understand the market. It is a market-reading software that is really suitable for novices. Wanru software, you only need to follow the software signal prompts to operate and buy and sell. It is simple, efficient and convenient, and you can easily make profits. Wanru makes trading easier!

#XRP热度飙升 #加密市场回调 #BTC70K✈️ #BTC☀ $BTC $ETH $XRP

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ADA is about to soar tonight! If you miss this opportunity, you may regret chasing high prices tomorrow! ADA has stabilized at 0.92! After a few days of adjustment, it is quietly preparing to launch a counterattack. RSI has broken through, MACD golden cross is strongly extending, and the price has broken through the middle band of the Bollinger Bands, all signs point to a strong rebound! This is not just a short-term rebound; it could be the prelude to a bull market revival! Now is the last buying opportunity; if you miss this low entry, tomorrow you might only be able to watch it soar! Hold on tight, don’t wait until you regret chasing high prices in pain. Understanding the market rhythm is the beginning of controlling wealth! Follow Lao Tan closely, layout in advance, and let the next peak belong to your account! Pay attention to Lao Tan, and never let opportunities slip away! #还有山寨季? #ADA #xrp #XRP热度飙升 #sui $ADA $XRP $SUI
ADA is about to soar tonight! If you miss this opportunity, you may regret chasing high prices tomorrow!
ADA has stabilized at 0.92! After a few days of adjustment, it is quietly preparing to launch a counterattack. RSI has broken through, MACD golden cross is strongly extending, and the price has broken through the middle band of the Bollinger Bands, all signs point to a strong rebound! This is not just a short-term rebound; it could be the prelude to a bull market revival!
Now is the last buying opportunity; if you miss this low entry, tomorrow you might only be able to watch it soar! Hold on tight, don’t wait until you regret chasing high prices in pain.
Understanding the market rhythm is the beginning of controlling wealth! Follow Lao Tan closely, layout in advance, and let the next peak belong to your account! Pay attention to Lao Tan, and never let opportunities slip away!
#还有山寨季? #ADA #xrp #XRP热度飙升 #sui $ADA $XRP $SUI
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Three key factors prompt us to take a cautious stance on Bitcoin. First, the Federal Reserve's hawkish stance may significantly reduce institutional buyers' purchases of Bitcoin ETFs. Second, the decline in global liquidity, especially in dollar-denominated liquidity, suggests that Bitcoin may enter a consolidation phase, as weak foreign currencies bring additional pressure. Third, technical indicators amplify our concerns: the weekly reversal indicator remains overbought, and the emergence of a monthly shooting star pattern (typically a signal of a potential market peak) further highlights the risk of a recent pullback; however, sometimes a more cautious approach is necessary. The current setup reflects this dynamic. Following the highly optimistic outlook at the end of September, it is now time to focus on managing downside risks. Strategically, the consumer price index to be released next week may trigger a slight increase in Bitcoin before Trump's inauguration. However, Bitcoin may still face pressure ahead of the Federal Open Market Committee (FOMC) meeting. The monthly closing price will be a key factor to watch. #XRP热度飙升 To learn more about cryptocurrency and cutting-edge insights, click on my avatar to follow me. Contract trading tips are shared for free, and I provide daily points.
Three key factors prompt us to take a cautious stance on Bitcoin.
First, the Federal Reserve's hawkish stance may significantly reduce institutional buyers' purchases of Bitcoin ETFs.

Second, the decline in global liquidity, especially in dollar-denominated liquidity, suggests that Bitcoin may enter a consolidation phase, as weak foreign currencies bring additional pressure.

Third, technical indicators amplify our concerns: the weekly reversal indicator remains overbought, and the emergence of a monthly shooting star pattern (typically a signal of a potential market peak) further highlights the risk of a recent pullback; however, sometimes a more cautious approach is necessary. The current setup reflects this dynamic.

Following the highly optimistic outlook at the end of September, it is now time to focus on managing downside risks. Strategically, the consumer price index to be released next week may trigger a slight increase in Bitcoin before Trump's inauguration. However, Bitcoin may still face pressure ahead of the Federal Open Market Committee (FOMC) meeting. The monthly closing price will be a key factor to watch.

#XRP热度飙升
To learn more about cryptocurrency and cutting-edge insights, click on my avatar to follow me. Contract trading tips are shared for free, and I provide daily points.
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$BTC Bitcoin Analysis: Brothers, recently this big trend looks bearish, and everyone is doing quite well, right? Eating comfortably, right? But what to do next? Currently, looking at the Bitcoin trend, it continues to look bearish. Today, everyone has enjoyed this wave of bearish candlesticks, but now everyone should not rush into long positions; we need to pay attention to the support level at 9.2. Brothers, in short, one word: the big trend is bearish, and opening long positions should be cautious. Brothers, if you like Jiudao, please pay more attention; there are no shortcuts on the road to success, only persistent effort can realize the dreams in your heart $BTC #本周微策略是否继续增持BTC? #XRP热度飙升
$BTC Bitcoin Analysis:

Brothers, recently this big trend looks bearish, and everyone is doing quite well, right? Eating comfortably, right? But what to do next?

Currently, looking at the Bitcoin trend, it continues to look bearish. Today, everyone has enjoyed this wave of bearish candlesticks, but now everyone should not rush into long positions; we need to pay attention to the support level at 9.2.

Brothers, in short, one word: the big trend is bearish, and opening long positions should be cautious.

Brothers, if you like Jiudao, please pay more attention; there are no shortcuts on the road to success, only persistent effort can realize the dreams in your heart $BTC

#本周微策略是否继续增持BTC?
#XRP热度飙升
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"Ethereum whales sell off, price falls below key support level! What is the future trend of ETH?"Recently, the continued decline in the price of Ethereum (ETH) has attracted widespread attention in the market. According to the latest data from blockchain analysis company LookOnChain, a whale sold 10,070 ETH for $33 million in DAI through three wallets in the past 24 hours, with a transaction price of $3,280 per ETH. This behavior resulted in a loss of $1 million. It is worth noting that this whale withdrew 24,029 ETH from Binance three weeks ago, worth more than $81.3 million, and currently there are about 13,959 ETH remaining in its wallet. According to the current market price, the total value of these ETH is approximately $44.29 million.

"Ethereum whales sell off, price falls below key support level! What is the future trend of ETH?"

Recently, the continued decline in the price of Ethereum (ETH) has attracted widespread attention in the market. According to the latest data from blockchain analysis company LookOnChain, a whale sold 10,070 ETH for $33 million in DAI through three wallets in the past 24 hours, with a transaction price of $3,280 per ETH. This behavior resulted in a loss of $1 million. It is worth noting that this whale withdrew 24,029 ETH from Binance three weeks ago, worth more than $81.3 million, and currently there are about 13,959 ETH remaining in its wallet. According to the current market price, the total value of these ETH is approximately $44.29 million.
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#XRP热度飙升 Why is there still a red exclamation mark despite making a profit! $XRP
#XRP热度飙升 Why is there still a red exclamation mark despite making a profit! $XRP
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The current market trend of Bitcoin (BTC) is quite subtle; it seems there is some movement, yet it appears that no significant changes have occurred. In the altcoin sector, the price rebounds of Ai16z, aixbt, and arc are particularly notable, showing a sharp upward trend. Ripple (XRP) has once again demonstrated strong momentum, standing out among many cryptocurrencies and reclaiming its leading position. However, the price trends of the vast majority of other altcoins are relatively flat, essentially stagnant, lacking clear upward momentum. Looking back at yesterday, trading activity in the primary cryptocurrency market was relatively quiet, with almost no significant project advancements or trading dynamics. The overall market lacks strong driving factors and is currently in a phase waiting for new stimuli to break the stalemate. It is worth mentioning that with the Spring Festival approaching, historical market experience suggests that the cryptocurrency market tends to be more active during this time of year. Market participants are filled with anticipation, hoping to see a wave of satisfying market movements during the Spring Festival homecoming, bringing considerable returns on investment. If you want to delve deep into the crypto space but don't know where to start, and you want to quickly grasp the information gap, whether it's contracts or spot trading, you can 👉 check out more in my profile #非农数据大幅超出预期 #XRP热度飙升
The current market trend of Bitcoin (BTC) is quite subtle; it seems there is some movement, yet it appears that no significant changes have occurred.

In the altcoin sector, the price rebounds of Ai16z, aixbt, and arc are particularly notable, showing a sharp upward trend.

Ripple (XRP) has once again demonstrated strong momentum, standing out among many cryptocurrencies and reclaiming its leading position.

However, the price trends of the vast majority of other altcoins are relatively flat, essentially stagnant, lacking clear upward momentum.

Looking back at yesterday, trading activity in the primary cryptocurrency market was relatively quiet, with almost no significant project advancements or trading dynamics.

The overall market lacks strong driving factors and is currently in a phase waiting for new stimuli to break the stalemate.

It is worth mentioning that with the Spring Festival approaching, historical market experience suggests that the cryptocurrency market tends to be more active during this time of year.

Market participants are filled with anticipation, hoping to see a wave of satisfying market movements during the Spring Festival homecoming, bringing considerable returns on investment.

If you want to delve deep into the crypto space but don't know where to start, and you want to quickly grasp the information gap, whether it's contracts or spot trading, you can 👉 check out more in my profile #非农数据大幅超出预期 #XRP热度飙升
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Bearish
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When traders understand that aside from seeking macro probability advantages, we have no real power over the market. They realize that profitable trades come from the trades where we typically incur losses; avoiding losses is equivalent to avoiding profits! If we say at this point that traders have 'fallen in love with your losses', it might seem a bit exaggerated. ☕ But at the very least, one should achieve 'letting gains and losses come naturally, with a heart free of increase or decrease.' Do you understand what this means? This has reached the highest realm of trading that I know: letting go of trading and stepping out of the market. This is a sign of spiritual maturity and requires a long period of refinement. In terms of trading results, traders have transformed from 'reliance' to 'going with the flow.' In terms of trading belief, traders have shifted from 'confrontation and struggle' with the market to 'inclusiveness and integration.' $BTC #比特币价格走势分析 #还有山寨季? #XRP热度飙升 {future}(BTCUSDT)
When traders understand that aside from seeking macro probability advantages, we have no real power over the market. They realize that profitable trades come from the trades where we typically incur losses; avoiding losses is equivalent to avoiding profits! If we say at this point that traders have 'fallen in love with your losses', it might seem a bit exaggerated.

But at the very least, one should achieve 'letting gains and losses come naturally, with a heart free of increase or decrease.' Do you understand what this means? This has reached the highest realm of trading that I know: letting go of trading and stepping out of the market. This is a sign of spiritual maturity and requires a long period of refinement.
In terms of trading results, traders have transformed from 'reliance' to 'going with the flow.' In terms of trading belief, traders have shifted from 'confrontation and struggle' with the market to 'inclusiveness and integration.'
$BTC
#比特币价格走势分析
#还有山寨季?
#XRP热度飙升
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Dogecoin whale accumulation frenzy!!! Massive purchases within 48 hours, prices break through strongly again Dogecoin has shown considerable resilience amid recent market fluctuations, despite retreating 20% from local highs, it has consistently held the key support zone of $0.33. Even more notably, whales have been continuously accumulating DOGE in large quantities during the downturn, having purchased over 470 million DOGE in just the past 48 hours, indicating that institutions are confident in the long-term value of Dogecoin. As market sentiment gradually warms up, Dogecoin may see a rebound, especially if it breaks through the $0.40 mark, with the next target possibly being $0.43. This is a crucial moment to pay attention to Dogecoin's potential breakout! Want to seize this opportunity? Come follow the guru and gain insights into market trends! #DOGE #PEPE‏ #SHIB #XRP热度飙升 #还有山寨季? $DOGE $PEPE $SHIB
Dogecoin whale accumulation frenzy!!! Massive purchases within 48 hours, prices break through strongly again
Dogecoin has shown considerable resilience amid recent market fluctuations, despite retreating 20% from local highs, it has consistently held the key support zone of $0.33. Even more notably, whales have been continuously accumulating DOGE in large quantities during the downturn, having purchased over 470 million DOGE in just the past 48 hours, indicating that institutions are confident in the long-term value of Dogecoin. As market sentiment gradually warms up, Dogecoin may see a rebound, especially if it breaks through the $0.40 mark, with the next target possibly being $0.43.
This is a crucial moment to pay attention to Dogecoin's potential breakout! Want to seize this opportunity? Come follow the guru and gain insights into market trends!
#DOGE #PEPE‏ #SHIB #XRP热度飙升 #还有山寨季? $DOGE $PEPE $SHIB
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The recent trend has once again entered a phase of wide fluctuations, with daily fluctuations around three to four thousand. Frequent occurrences of pin bars interspersing will inevitably lead to a large number of trapped positions and losses! The initial plan given at the beginning of the month resulted in a total of 19 people, achieving a complete transformation from 5000U to 16WU in just 12 days, a total growth of 32 times. As we approach the phase of Trump taking office, we are making early arrangements and once again presenting the last wave of transformation plans before the New Year, providing 30 slots, unifying connections, and leading a new group of students 🧑‍🎓 to success, completely free of charge. For those who want to return to the game 🩸, come and join us, let’s work together with Brother Feng to seize this election opportunity once again! Goal: 10WU before the end of the month, Threshold: Above 5000U Only requirement: Execute strictly according to the requirements, with execution capability in place, no picking of orders, and strict adherence to the transformation model! $BTC $ETH #BNB纳入不丹GMC加密战略储备 #XRP热度飙升 #还有山寨季?
The recent trend has once again entered a phase of wide fluctuations, with daily fluctuations around three to four thousand. Frequent occurrences of pin bars interspersing will inevitably lead to a large number of trapped positions and losses!

The initial plan given at the beginning of the month resulted in a total of 19 people, achieving a complete transformation from 5000U to 16WU in just 12 days, a total growth of 32 times.

As we approach the phase of Trump taking office, we are making early arrangements and once again presenting the last wave of transformation plans before the New Year, providing 30 slots, unifying connections, and leading a new group of students 🧑‍🎓 to success, completely free of charge. For those who want to return to the game 🩸, come and join us, let’s work together with Brother Feng to seize this election opportunity once again!

Goal: 10WU before the end of the month,
Threshold: Above 5000U
Only requirement: Execute strictly according to the requirements, with execution capability in place, no picking of orders, and strict adherence to the transformation model! $BTC $ETH #BNB纳入不丹GMC加密战略储备 #XRP热度飙升 #还有山寨季?
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Bullish
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If it's a contract trade, my advice is to stand on the red area and follow the downward diagonal line! Those who haven't opened positions in the green area, the risk is particularly high now at the opening! This is not to be taken as the basis for any investment decisions #XRP热度飙升 $DOGE
If it's a contract trade, my advice is to stand on the red area and follow the downward diagonal line! Those who haven't opened positions in the green area, the risk is particularly high now at the opening!
This is not to be taken as the basis for any investment decisions #XRP热度飙升 $DOGE
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Trump: The "behind-the-scenes pusher" of the crypto market, are three waves of market trends on the way? The first wave: Using "world famous paintings" to drive the market, BTC pulled up strongly! The second wave: Winning the election directly ignited the cryptocurrency market! The third wave: Will it come again? The market is holding its breath. The current market atmosphere and the trend of Ethereum are very similar to the situation before Trump won the election last time! The script of history repeating itself seems to have been written: the stalemate before November 6, and the strong rise of Ethereum after Trump's election. How will the plot develop this time? There are still 7 days before Trump officially takes office. Will his first batch of executive orders affect the crypto field and become a new variable affecting the market? We can only wait for the answer to be revealed. #哪些代币逆势上涨? #本周微策略是否继续增持BTC? #XRP热度飙升
Trump: The "behind-the-scenes pusher" of the crypto market, are three waves of market trends on the way?

The first wave: Using "world famous paintings" to drive the market, BTC pulled up strongly! The second wave: Winning the election directly ignited the cryptocurrency market! The third wave: Will it come again? The market is holding its breath.
The current market atmosphere and the trend of Ethereum are very similar to the situation before Trump won the election last time! The script of history repeating itself seems to have been written: the stalemate before November 6, and the strong rise of Ethereum after Trump's election. How will the plot develop this time?
There are still 7 days before Trump officially takes office. Will his first batch of executive orders affect the crypto field and become a new variable affecting the market? We can only wait for the answer to be revealed.

#哪些代币逆势上涨? #本周微策略是否继续增持BTC? #XRP热度飙升
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Strategies to Respond to the Decline in Altcoin Prices Recently, the prices of altcoins have continued to decline, leaving investors worried and conflicted about whether to liquidate their holdings, with some even believing that there is no possibility of a rebound. However, the cryptocurrency market is unpredictable, which is the norm. Investors need to stay clear-headed; during downturns, they should not rush to sell. If holding quality projects, they should hold firm. The market has its rules, with alternating rises and falls, and the altcoin market also exhibits cyclical fluctuations. Investors should avoid going all-in or panic selling; they should stabilize their positions and, when conditions allow, consider bottom-fishing for quality coins. In summary, when facing the decline of altcoins, investors should remain calm and gain insight into market dynamics, as this is the correct way to respond. #哪些代币逆势上涨? #XRP热度飙升
Strategies to Respond to the Decline in Altcoin Prices
Recently, the prices of altcoins have continued to decline, leaving investors worried and conflicted about whether to liquidate their holdings, with some even believing that there is no possibility of a rebound.

However, the cryptocurrency market is unpredictable, which is the norm. Investors need to stay clear-headed; during downturns, they should not rush to sell. If holding quality projects, they should hold firm.

The market has its rules, with alternating rises and falls, and the altcoin market also exhibits cyclical fluctuations. Investors should avoid going all-in or panic selling; they should stabilize their positions and, when conditions allow, consider bottom-fishing for quality coins.

In summary, when facing the decline of altcoins, investors should remain calm and gain insight into market dynamics, as this is the correct way to respond. #哪些代币逆势上涨? #XRP热度飙升
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【Position Holding Reminder】 I believe many friends who are not doing well can't sleep because they are stuck! Friends holding positions definitely don't want to exit, because they are reluctant, afraid that if they cut it, it will go up, and if they don't cut it, it will continue to drop. They always tell themselves countless times that it's going to drop, but you are already swayed by floating profits and losses, starting to lose yourself. Insisting on holding positions will only cause you to miss out on more profits. Ye Fan is open tonight! Continuously online to help with free position relief!
【Position Holding Reminder】 I believe many friends who are not doing well can't sleep because they are stuck!

Friends holding positions definitely don't want to exit, because they are reluctant, afraid that if they cut it, it will go up, and if they don't cut it, it will continue to drop. They always tell themselves countless times that it's going to drop, but you are already swayed by floating profits and losses, starting to lose yourself. Insisting on holding positions will only cause you to miss out on more profits.

Ye Fan is open tonight! Continuously online to help with free position relief!
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Classic Quotes from the Trading Master: 1: When others are fearful, you should be greedy; when others are greedy, you should be fearful. 2: The amount of money a person can accumulate in a lifetime depends not on how much they can earn, but on how they invest and manage their finances. 3: In a marathon, the premise of wanting to finish first is that you must complete the entire race. 4: Life is like rolling a snowball; the most important thing is to find wet snow and a long slope. 5: The first rule of investing is to not lose money; the second rule is to never forget the first rule. 6: You only know who has been swimming naked when the tide goes out. 7: If you are not willing to hold a stock for ten years, then do not even think about holding it for ten minutes. 8: Our investments focus only on a few outstanding companies; if we lack confidence in a company's prospects, we will not buy its stock, no matter how cheap it is. 9: Never let short-term demands affect your judgment of long-term trends. 10: The wealth a person can accumulate in their lifetime does not depend on how much they can earn, but on how they invest and manage their finances. #XRP热度飙升 $XRP #还有山寨季? $ADA
Classic Quotes from the Trading Master:

1: When others are fearful, you should be greedy; when others are greedy, you should be fearful.

2: The amount of money a person can accumulate in a lifetime depends not on how much they can earn, but on how they invest and manage their finances.

3: In a marathon, the premise of wanting to finish first is that you must complete the entire race.

4: Life is like rolling a snowball; the most important thing is to find wet snow and a long slope.

5: The first rule of investing is to not lose money; the second rule is to never forget the first rule.

6: You only know who has been swimming naked when the tide goes out.

7: If you are not willing to hold a stock for ten years, then do not even think about holding it for ten minutes.

8: Our investments focus only on a few outstanding companies; if we lack confidence in a company's prospects, we will not buy its stock, no matter how cheap it is.

9: Never let short-term demands affect your judgment of long-term trends.

10: The wealth a person can accumulate in their lifetime does not depend on how much they can earn, but on how they invest and manage their finances.

#XRP热度飙升 $XRP #还有山寨季? $ADA
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A drop back to 0.3 for $XRP xrp is highly probable, as the vast majority of the chips are in the hands of the project team, leading to high control of the supply.
A drop back to 0.3 for $XRP xrp is highly probable, as the vast majority of the chips are in the hands of the project team, leading to high control of the supply.
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XRP Price Soars 12%, Whales Accumulate in Large Numbers to Drive Upwards AI Summary According to Cointelegraph, the price of XRP surged 12% in a single day, reaching $2.83, a new high since 2018. Santiment data shows that wallets holding between 1 million to 10 million XRP have cumulatively added 1.43 billion XRP since November 2024, an increase of approximately 37.4%. Sean Dawson, the head of research at Derive, stated that XRP's strong momentum may be linked to the potential launch of an XRP ETF this year. Additionally, investors may be shifting funds from Bitcoin to altcoins like XRP, further fueling market optimism. Dawson also noted that the legal dispute between XRP and the SEC may favor XRP this year, especially in the context of the White House's pro-crypto sentiment. Meanwhile, JPMorgan predicts that the performance of XRP and Solana's ETP may surpass that of the Ethereum ETF. #Xrp🔥🔥 #XRP热度飙升
XRP Price Soars 12%, Whales Accumulate in Large Numbers to Drive Upwards
AI Summary
According to Cointelegraph, the price of XRP surged 12% in a single day, reaching $2.83, a new high since 2018. Santiment data shows that wallets holding between 1 million to 10 million XRP have cumulatively added 1.43 billion XRP since November 2024, an increase of approximately 37.4%.
Sean Dawson, the head of research at Derive, stated that XRP's strong momentum may be linked to the potential launch of an XRP ETF this year. Additionally, investors may be shifting funds from Bitcoin to altcoins like XRP, further fueling market optimism.
Dawson also noted that the legal dispute between XRP and the SEC may favor XRP this year, especially in the context of the White House's pro-crypto sentiment. Meanwhile, JPMorgan predicts that the performance of XRP and Solana's ETP may surpass that of the Ethereum ETF.
#Xrp🔥🔥 #XRP热度飙升
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SUI price aims for new highs, targeting the top ten cryptocurrency rankings! As the SUI price has risen over 3% in the past 24 hours, it has successfully surpassed Avalanche (AVAX), firmly holding the 11th position, just one step away from the top 10 rankings. However, this race towards a $20 billion market capitalization is not easy, but SUI's technical chart shows strong upward momentum. Why is SUI attracting so much attention? Strong price trend Since the second half of 2024, SUI has maintained high trading volumes and is currently steadily climbing within an ascending parallel channel. This pattern is often seen as one of the most bullish signals in the market. Technical indicators support the upward trend Bollinger Bands show multiple price expansions, indicating that another wave of upward momentum is on the way. The RSI (Relative Strength Index) has not fallen below the average since August 2024, indicating strong buying interest. Target price In the short term, SUI price is expected to test the key resistance level of $6.02, anticipated to be achieved early next week. If market sentiment remains optimistic, a price breakthrough above $10 and entry into the top 10 will mark a significant milestone for the cryptocurrency market in 2025. The future potential of SUI SUI's sustained bullish outlook not only attracts investor attention but also demonstrates its platform's market appeal and traders' enthusiasm. As volatility increases, traders need to be cautious in seizing opportunities, but the upward potential is clearly undeniable. Want to know more about the latest developments in the cryptocurrency market? Quickly follow Uncle Zhao for first-hand market insights!
SUI price aims for new highs, targeting the top ten cryptocurrency rankings!
As the SUI price has risen over 3% in the past 24 hours, it has successfully surpassed Avalanche (AVAX), firmly holding the 11th position, just one step away from the top 10 rankings. However, this race towards a $20 billion market capitalization is not easy, but SUI's technical chart shows strong upward momentum.
Why is SUI attracting so much attention?
Strong price trend
Since the second half of 2024, SUI has maintained high trading volumes and is currently steadily climbing within an ascending parallel channel. This pattern is often seen as one of the most bullish signals in the market.
Technical indicators support the upward trend
Bollinger Bands show multiple price expansions, indicating that another wave of upward momentum is on the way. The RSI (Relative Strength Index) has not fallen below the average since August 2024, indicating strong buying interest.
Target price
In the short term, SUI price is expected to test the key resistance level of $6.02, anticipated to be achieved early next week. If market sentiment remains optimistic, a price breakthrough above $10 and entry into the top 10 will mark a significant milestone for the cryptocurrency market in 2025.
The future potential of SUI
SUI's sustained bullish outlook not only attracts investor attention but also demonstrates its platform's market appeal and traders' enthusiasm. As volatility increases, traders need to be cautious in seizing opportunities, but the upward potential is clearly undeniable.
Want to know more about the latest developments in the cryptocurrency market? Quickly follow Uncle Zhao for first-hand market insights!
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