Ethereum investors are showing serious conviction! šŖ
According to on-chain data from @cryptoquant_official, long-term $ETH holders have increased their holdings by +22.5% š„ while lowering their cost basis ā a classic move seen before major rallies. š
š§ Why it matters:
Smart money accumulation often signals bullish momentum ahead š
Falling cost basis = stronger hands preparing for upside š¼
Previous trends like this preceded sharp ETH price breakouts š„
š Short-term dips ā fear. They're buying opportunities ā and whales know it šš°
As of now, XRP is trading at $2.10, experiencing a slight dip of 2.33% over the last hour. š The price has fluctuated between a high of $2.16 and a low of $2.09 during this period. š
š Market Insights
Despite the recent downturn, XRP has shown resilience in the crypto market. Analysts suggest that if XRP can break through the $2.31 resistance level, it may target $2.71 and potentially $3.03 in the near future. However, failure to maintain support above $2.05 could lead to further declines.
š® Looking Ahead
The future of XRP remains promising, with some forecasts predicting a rise to $5ā$7 in the first half of 2025, contingent on broader market trends and regulatory developments.
šØ BREAKING: Ripple Triumphs Over SEC ā XRP Soars! šš„
After a prolonged legal battle, Ripple's CEO Brad Garlinghouse has announced a definitive victory against the SEC: "It's over." This landmark decision has propelled XRP's price above $2.50, marking a significant milestone for the cryptocurrency.
In a strategic move, President Donald Trump has designated XRP as a "Strategic Asset for the U.S.," integrating it into the nation's Crypto Strategic Reserve alongside Bitcoin, Ethereum, Solana, and Cardano.
With regulatory clarity achieved, major exchanges like Binance have relisted XRP, signaling renewed confidence in its future.
š XRP Market Snapshot:
Current Price: $2.10
24h Change: -3.23%
24h High: $2.17
24h Low: $2.09
š® Analyst Insights:
Experts predict potential price targets for XRP ranging from $3.41 to $11.32, with support levels identified at $1.44, $1.28, $1.14, and $1.03.
š Investor Activity:
In the past month, over 2.66 billion XRP tokens have been transferred to Binance by substantial investors, marking the highest level of activity since April 2024.
1ļøā£ š Research: Know your market! Always stay updated with news, trends, and analysis. 2ļøā£ š° Risk Management: Set your limitsārisk only what you can afford to lose! 3ļøā£ š Strategy: Have a clear plan! Define your entry, exit, and stop-loss points.
ā No Real Use ā Just hype. No product. No roadmap. š§ Low Liquidity ā You might buy... but can you sell? š£ Rug Pull Risk ā Devs vanish, and so does your money. š Whales Control It ā A few wallets = big dumps. š» No Team, No Support ā Just memes and vibes.
š” Have fun, but protect your bag. Donāt let FOMO drain your wallet.