Whale Alert! Massive Amounts of XRP on Run—Is This a Bullish Signal for the XRP Price Rally?
The cryptocurrency market increased sales pressure due to the launch of innovative AI model DeepSeek. Most cryptocurrencies are facing major selling, and the AI department has been hit hard. at the same time, XRP price The price below $ 2.7 quickly restored all losses and prepared for another breakthrough. At present, when the transaction volume drops more than 18 %, the cryptocurrencies have soared by nearly 10 % to $ 3.15, suggesting that the bear is still passive.
At the same time, the price of XRP continues to be traded in a bullish way, so that the possibility of villains will soon occur.
In an interesting update, a large -scale whale activity has been recorded in the past few hours, which can prove the upcoming bullish operation. During the recent selling process, the whale accumulated millions of XRP and continued to the tokens. According to the data shared by popular analysts, AliThe whale purchased nearly 120 million XRPs in the recent dipping sauce.
This is considered to be the bold move of whale in dipping in the water. This large -scale purchase may also restore a good upward trend through the XRP price, which prevents the token from attracting more losses. At the same time, according to another update BrettI bought nearly 25 million XRPs from UPBIT and transferred to an unknown wallet. It is believed that this move can be regarded as a bullish banner for cryptocurrency cycles, and the banner is approaching one of the key resistance.
Market participants jumped around to buy XRP because it was less than 0.786 FIB at a price of $ 2.77, which helped the price trigger a rapid rebound. At present, the price is tightly merged within the narrow range, but technology is bullish. The MACD & DMI level is used to see the cross -border of the bullish, suggesting that the fast approach of Bullish Break.
At the same time, because the Bulls are currently in the cumulative stage, ADX hovers within a lower range. In addition, the balance is maintained without signs of callback. In addition, CHAIKIN currency flow indicator is higher than 0, which indicates that the intensity in the assembly is large. Therefore, it is believed that the XRP price will break 1 ATH on 1.2 FIB of 1.2 FIB, and marked at 1.2 FIB at a price of $ 4.18.
