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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

$1.1009
-0.21%
24h Volume

$320,156,765.08

24h H/L

$1.1069 / $1.0955

Change: $0.0114 (1.04%)

Long/Short
76.0%
Long: 76.0%Short: 23.9%
Funding Rate

+0.0032%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.1023

0.42%

Volume (24h): -

Resistance Levels
Resistance 3$1.2151
Resistance 2$1.1646
Resistance 1$1.1189
Price$1.1023
Support 1$1.0975
Support 2$1.0708
Support 3$1.0092
Pivot (PP):$1.0971
Trend:Downtrend
RSI (14):48.0
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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