🐳📈 ¡$XRP COULD SOAR BY 400%! Whale flows are changing direction, repeating the pattern of 2024.
Attention, 🚀 The whale flow data for XRP is showing similar patterns to those of 2024, which preceded a price increase from less than $0.50 to over $3.50! 🤯
It has bounced back 55% since April and the on-chain data shows positive whale flows for the first time since November 2024, a pattern that historically preceded a 400% increase in 2024. Technical analysis suggests a breakout from a descending wedge with a target of $3.45 (40% profit), although there may be resistance at $2.80. The RSI also indicates bullish momentum.
Analysts suggest that #xrp could consolidate above its 50-day exponential moving average as incoming whale flows signal the start of an accumulation phase before a stronger price movement. ⏳
Kripto Mavsimi, an analyst associated with CryptoQuant, points out that while it is not yet a full reversal, the slowdown in whale outflows is the first real sign of stabilization in months. 👍
Let's cross our fingers that history repeats itself! 🙏
Important: Remember that this analysis is not investment advice. Trading cryptocurrencies involves risks.
Do you think XRP will repeat the impressive rally of 2024? What price do you think it will reach?
#TradeLessons #CryptoCPIWatch #Xrp🔥🔥 #XRPGoal
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