What's up, crypto friends! 🤙 Are you ready for some gossip that will give you goosebumps? It turns out that XRP, that token that goes hand in hand with Ripple, could be about to throw a tremendous party! 🎉
Imagine that a well-known analyst, one of those who reads charts like they are treasure maps, says that XRP is following a pattern we saw in 2017. And what happened in 2017? Well, the price shot to the moon! 🚀 This guy, Mikybull, dropped the scoop on X (formerly Twitter, for those who are lost): XRP is forming a "bullish pennant". And what does that mean? That after a while of being somewhat still, the price consolidates and boom, it could explode upwards!
According to this expert, if history repeats itself, XRP could not only break the $3 barrier (where it has been stuck since February, what a hassle!), but it could jump more than 548% from current levels! Yes, you read that right: 548%! That would take us to a number that sounds like fantasy: $14 per XRP! 🤯 Now that's green cash!
Why is this story not just gossip? There is substance, my people! 💼
This is not just about seeing little drawings on a chart. Behind this possible takeoff, there are some solid reasons. First, the pure speculation of a spot XRP ETF. What is that? It’s like an investment fund that is traded on the stock exchange and buys XRP directly. And it's serious because an ETF, the Purpose XRP ETF, started trading on the Toronto Stock Exchange on June 18! 🇨🇦 And in the United States, the SEC (that entity that sometimes gives us headaches) has already given the green light to three XRP futures ETFs! That is a sign, my people, that the interest is real!
But that's not all, get ready for this! The number of whale wallets (that is, the ones that have a lot of XRP, millions!) has skyrocketed. There are more than 2,700 wallets with at least 1 million XRP for the first time in over 12 years! 🐳 This is stated by Santiment, a crypto analysis firm, and it's an indication that big investors have blind faith in the future of XRP. If they are putting their money in, it's because they see something big!
And to top it off, active XRP addresses are on fire. In the last week, there was an average of over 295,000 per day! That's much more than the average of 35,000-40,000 we had been seeing in the last three months! People are moving XRP like ants at a party! 🐜
So, my buddies, this is not just a dream. The stars are aligning for XRP. Are we about to see a historic jump? Keep an eye on that, because life is for those who take risks (with sense, of course)! 😉
