Luis Fernando รvila
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$XRP
In the midst of a widespread recovery in the cryptocurrency market following the FOMC meeting, the price of XRP strengthens, reaching $2.20, with an 80% increase in daily trading volume, up to $4.35 billion. This demonstrates that traders are showing greater interest in the Ripple cryptocurrency as discussions about Ripple's reserves intensify. If the overall cryptocurrency market holds, we could see more gains from here on out.
The prominent cryptocurrency analyst Dark Defender has provided an updated perspective on the price trajectory of XRP. In his recent analysis, the analyst stated that the Ripple cryptocurrency could encounter immediate resistance at $2.222 and $2.36.
He also added that the correction of XRP to $2.13 has been completed, as it reverses its upward trajectory, avoiding a massive liquidation of $60 million in XRP.
Additionally, there have been recent reports of significant XRP whale activity. Recent activity on the blockchain has highlighted major XRP transactions involving Ripple whales, capturing the market's attention. Two significant transfers were recorded:
70 million XRP valued at approximately $148.3 million.
300 million XRP valued at approximately $633.7 million.
Both transactions were directed to unknown wallets, fueling speculation about the potential implications for the price of XRP.
In the midst of a widespread recovery in the cryptocurrency market following the FOMC meeting, the price of XRP strengthens, reaching $2.20, with an 80% increase in daily trading volume, up to $4.35 billion. This demonstrates that traders are showing greater interest in the Ripple cryptocurrency as discussions about Ripple's reserves intensify. If the overall cryptocurrency market holds, we could see more gains from here on out.
The prominent cryptocurrency analyst Dark Defender has provided an updated perspective on the price trajectory of XRP. In his recent analysis, the analyst stated that the Ripple cryptocurrency could encounter immediate resistance at $2.222 and $2.36.
He also added that the correction of XRP to $2.13 has been completed, as it reverses its upward trajectory, avoiding a massive liquidation of $60 million in XRP.
Additionally, there have been recent reports of significant XRP whale activity. Recent activity on the blockchain has highlighted major XRP transactions involving Ripple whales, capturing the market's attention. Two significant transfers were recorded:
70 million XRP valued at approximately $148.3 million.
300 million XRP valued at approximately $633.7 million.
Both transactions were directed to unknown wallets, fueling speculation about the potential implications for the price of XRP.
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