#cryptotradingpro

🚨 $XRP Whale Moves $70.19M to Coinbase: Selloff Fears or Bullish Setup? 🐳📊

A massive $70.19M XRP transfer to Coinbase, spotted by Whale Alert, has sparked selloff concerns. 😱 $XRP price dipped 0.34% to $3.40, with trading volume crashing 63% to $7.11B, per CoinMarketCap. Market cap now at $201.45B. 📉

Despite the whale move, XRP’s trading range is tight, with resistance forming at $3.42. No breakout signals yet. 🔍 Derivatives data from Coinalyze shows open interest down 0.63% to $4.3B, but futures contracts jumped 5.28%, hinting at volatility bets. 📈 Binance and Bybit lead in speculative positioning.

Bullish sentiment remains strong! 🐂 Over 71% of traders are betting on higher prices, with a long/short ratio of 2.51 daily (2.64 on shorter timeframes). Analyst Solberg Invest predicts XRP could hit $4.5 if it holds above $3.4—a 61% surge! 🚀