π A Ripple whale just moved 29.5M XRP (worth $64M) to Coinbase, sparking talk of a major bullish breakout. Analysts say this could be a whale preparing ahead of a price surge.
π₯ Santiment shows wallets holding 10Mβ100M XRP added 200M tokens last week. Meanwhile, 23% of U.S. crypto investors now own XRP. With Proshares XRP ETFs launching May 14, optimism is growing.
πΉ XRP is hovering around $2.20, bouncing off support at $2.15. Despite a long liquidation of $13.9M, the price holds above the 20-day SMA at $2.1677. Next resistance? $2.3082 and possibly $2.50+.
π Momentum is mixed: RSI sits at 52.44 (neutral but rising), and CMF is near 0, hinting at weak capital flow. But narrowing Bollinger Bands suggest a breakout is near.
π Keep an eye on volume and a close above $2.31βthis could launch XRP into its next bullish leg.
β οΈ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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