*XRP’s drop from recent highs of $2.65 on May 12 tests the 50-day EMA support as downside risks emerge.* *XRP faces declining network activity amid subdued daily active addresses.* *Large volume holders with between 100,000 and 1 million coins cut back on their holdings as the uptrend falters.* *Strong crypto market sentiment could keep XRP above its 50-day EMA support, …
Read More »XRP appears to be flexing its muscle, now locked in a tight range from $2.54 to $2.57. The tug-of-war goes live on the big stage of a $150.38 billion market capitalization. The action continued yesterday as some $5.6 billion worth of XRP was exchanged, the price briefly touched the low $2.52 range, then rallied to test the highs at $2.63. …
Read More »
From XRP Unleashed: 20 Percent May Surge Made Because of Whale Moves! What is driving the market madness? On-chain data reveals a volcanic change in XRP whale behavior hinting at a game-changing strategy. XRP’s tides may be turning. After the long period of whale-powered selloffs, the pressure seems to be going away. Is this the sign the market has been …
Read More »