Community Articles

via BeInCrypto · By Ananda Banerjee

Smart Money is Leaving XRP: Will Ripple’s Altcoin Dump?

XRP

XRP/USDT

$1.1516
+1.40%
24h Volume

$1,074,122,706.15

24h H/L

$1.1843 / $1.1315

Change: $0.0528 (4.67%)

Long/Short
76.0%
Long: 76.0%Short: 24.0%
Funding Rate

+0.0022%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.1547

-0.22%

Volume (24h): -

Resistance Levels
Resistance 3$1.2551
Resistance 2$1.2134
Resistance 1$1.1571
Price$1.1547
Support 1$1.1265
Support 2$1.0978
Support 3$1.0092
Pivot (PP):$1.1553
Trend:Downtrend
RSI (14):54.3
AB
Ananda Banerjee
(05:30 PM UTC)
1 min read
JM
Reviewed byJames Mitchell
548 views
0 comments

XRP price sits less than 1% above the floor of a three-month rising channel, after smart money’s quiet exit on May 17 triggered a chain of bearish technical signals.

The last time smart money bailed this way, in late April, XRP slid 7%. With whales now distributing and retail still selling, the bull channel’s lower edge has rarely looked this exposed.

Smart Money’s Exit Triggers a Triple…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Ananda Banerjee · BeInCrypto

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