34 Million XRP Moves to Exchanges, Sell-Off Incoming?

Quick Summary:

This significant XRP transaction was reported by the blockchain-based transaction tracker Whale Alert on X (formerly Twitter).

However, a daily close above $2.62 could confirm a breakout, potentially driving XRP toward $4.42, a 70% surge, in the future.

Despite these bearish signals, XRP maintains its bullish structure and is testing a key resistance at $2.60.

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Article Details

Author / Journalist: Chandan Gupta

Category: Crypto

Markets: United States

Topics: Crypto news News Price Analysis Ripple (XRP)

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-12 @ 22:11:12 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 270 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 25091096

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