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Showing posts with the label bearish week

Smart money quietly buys 900 million XRP

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Summary ⚈ XRP whales bought around 900 million tokens in April, signaling possible bullish sentiment. ⚈ The SEC delayed its XRP ETF decision, and short positions recently surged. ⚈ Despite bullish buys, whale activity slowed, and a $68.7M transfer hints at selling. XRP whales seems to have retained a bullish outlook, despite some of the token’s recent challenges It appears that large accounts — those holding more than 10,000,000 tokens, have purchased approximately 900 million XRP over the past month, noted cryptocurrency technical analyst Ali Martinez, who shared his findings in a May 2 X post. Whales bought around 900 million $XRP over the past month! pic.twitter.com/k3UyFMkJLq — Ali (@ali_charts) May 2, 2025 This bullish signal is a rare sight in an otherwise bearish week. The cryptocurrency’s long-awaited retest of the $2.30 price point that occurred on April 28 and April 29 failed to produce a breakout. Soon after, the Securities and Exchange Co...

Ripple XRP Predicted to Target $4.50 in 2025: Here’s When

As 2024 comes to an end, the cryptocurrency community is eager to see what the coming year holds for leading coins like Ripple XRP . Ripple Labs’ native cryptocurrency saw a 251.08% return in the past year and plenty of noteworthy events that drove positive momentum. In 2025, XRP holders are hoping for even further gains and new all-time highs. Could the asset hit $4.50 sometime next year? XRP has been one of multiple cryptocurrencies to suffer from a bearish week last week. Ripple’s cryptocurrency saw a 13% downfall throughout the last seven days. Despite this, the asset’s monthly gains are at 45%, driving hopes for a rebound heading into the new year. The majority of the crypto market faced a correction last week after a bullish month. Now, all eyes are on January, and how high the leading cryptocurrencies will boom. Also Read: From 1 BTC to 43,000 XRP in 2014—What’s That Worth Today? XRP To Surge Beyond $4 Come March 2024? XRP remains around 40% below its all-time high of $3.84...