Casa Paura e avidità Piscine minerarie Portafogli Dizionario pubblicizzare Facebook Twitter Telegram Reddit Youtube
Mercato:
24h Vol:
Cryptocurrencies: 13105
Mercata: 101189
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino
Mercato
24h Vol
13105
Cryptocurrencies
60.37%
Bitcoin Condividere
Finbold 2025-03-17 17:28:54

XRP whales load up on 150 million tokens — should you buy the dip?

XRP whales load up on 150 million tokens — should you buy the dip?

In the midst of a market-wide pullback, XRP has demonstrated an unexpected degree of resilience, having posted smaller losses than many other leading digital assets. Despite worries that a crash below the crucial $2 support level could lead the price of the token to plummet, over the last 24 hours, XRP has only seen modest changes in price, amounting to a 0.03% loss. It seems that the bulls are having a relatively easy time keeping XRP above $2.30. At press time, the token was trading at $2.33, having marked a 10.22% gain since the start of the year. For the sake of comparison, Bitcoin (BTC) has marked a 12.27% loss in the same timeframe — while the S&P 500 benchmark index has shed 3.73% in value. XRP price 24-hour and year-to-date (YTD) charts. Source: Finbold That might sound promising at first glance — but the price of XRP has decreased by 15.45% compared to 30 days ago. In fact, current prices are still 20.74% lower than XRP’s recent $2.94 high on March 3. Sure, it still qualifies as what we referred to it as — an unexpected degree of resilience, but it is still far from a strong uptrend. There are a couple of promising signs present, however. As noted by Finbold, the number of XRP addresses has surged past 7 million — indicating a steady, growing rate of adoption. In tandem with this, there is widespread institutional interest in XRP exchange-traded funds (ETFs), as showcased by Franklin Templeton’s recent filing with the Securities and Exchange Commission (SEC). Now, a renowned technical analyst has highlighted that whales — accounts holding more than 100,000,000 XRP, have gone on a buying spree. XRP whales gave the asset a vote of confidence — is time to follow suit? Noted cryptocurrency analyst Ali Martinez shared his findings in a March 15 X post . Per Martinez, between March 13 and March 15, XRP whales purchased more than 150 million tokens. Whales have bought over 150 million $XRP in the last 48 hours! pic.twitter.com/tWVLN2nhjU — Ali (@ali_charts) March 15, 2025 In addition, Martinez outlined a case for a surge to prices as high as $15 , provided that the level of resistance at $2.5 is breached. More importantly, this latest development is particularly important in view of Ripple’s escrow schedule. Recently, some 200 million XRP was moved from this month’s unlock — and while such an injection could have put downward pressure on prices, whales, who generally adopt a long-term buy-and-hold approach, have the ability to absorb this additional supply without depressing prices. While many retail traders look to large accounts for cues, it’s important to note that bullishness (or bearishness) on the side of whales isn’t always validated by price action going forward. To use a simple example — in mid-February, XRP whales loaded up on 60 million tokens . At the time, the asset was trading at a price of $2.63 — and it crashed to just $2.04 in a little over ten days. Still, a positive development is a positive development — and this seal of approval from XRP whales will likely serve to diminish bearish impulses until a clearer bullish catalyst emerges. That could come sooner rather than later — as the longstanding lawsuit between the SEC and Ripple Labs is expected to conclude soon . Featured image via Shutterstock The post XRP whales load up on 150 million tokens — should you buy the dip? appeared first on Finbold .

La maggior parte ha letto le notizie

Mercato
24h Vol
60.37%
Bitcoin Condividere
342
Oggi notizie
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta