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Sergi Mamedov
Sergi Mamedov

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πŸš€ Whale Moves $64M in $XRP – Is a Breakout to $3 Coming?

πŸ“ˆ 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.

πŸ”₯ Santiment shows wallets holding 10M–100M 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.

πŸ’Ή 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+.

πŸ“Š 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.

πŸ‘€ Keep an eye on volume and a close above $2.31β€”this could launch XRP into its next bullish leg.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.

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