$XRP XRP Price Eyes Bullish Breakout As Ripple Whales Move $175 Million

Egrag Crypto predicts XRP price could confirm a bullish breakout with a hold above $2.41 while Ripple whales have moved over 75 million coins

Highlights

Crypto analyst Egrag Crypto stated that the XRP price needs to hold above $2.41 to $2.50 to confirm bullish breakout.

He warned that the altcoin's failure to hold above $2.3 could lead to a correction to as low as $1.2.

The analyst also stated that his $27 target for XRP in this cycle hasn't changed.

Ripple whales have moved over $175 million worth of XRP in the last 24 hours.

The XRP price surged over 8% following the SEC’s filing of its agreement with Ripple yesterday. Now, crypto analyst Egrag Crypto has commented on the altcoin’s price action and revealed what needs to happen for it to confirm a bullish breakout. Amid this analysis, Ripple whales have moved $175 million worth of coins.