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via Cointelegraph · By Cointelegraph Staff

There Are More XRP Whales Than Ever: Will it Trigger a Price Breakout to $2?

XRP

XRP/USDT

$1.1429
+1.32%
24h Volume

$691,632,674.85

24h H/L

$1.1696 / $1.1278

Change: $0.0418 (3.71%)

Long/Short
76.5%
Long: 76.5%Short: 23.5%
Funding Rate

+0.0012%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.1406

-1.43%

Volume (24h): -

Resistance Levels
Resistance 3$1.3432
Resistance 2$1.2156
Resistance 1$1.1569
Price$1.1406
Support 1$1.1267
Support 2$1.0708
Support 3$1.0096
Pivot (PP):$1.1454
Trend:Downtrend
RSI (14):51.6
CS
Cointelegraph Staff
(04:41 PM UTC)
1 min read
EW
Updated byEmily Watson
772 views
0 comments

XRP (XRP) has recovered from its April lows of $1.26, rising as much as 19% to a three-week high of $1.50 on Sunday.

Whale activity, network growth and a strengthening technical setup suggested that the XRP/USD pair was primed for a move higher once resistance at $1.50 is broken. 

Key takeaways:

  • XRP whale addresses hit record highs of 332,230, indicating accumulation.
  • XRP Ledger monthly…

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

Cointelegraph Staff · Cointelegraph

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