XRP Ripple News: Will $228M Whale Purchases Trigger XRP Price Rally?

Quick Summary:

The large-cap altcoin, with a fully diluted valuation of about $58.6 billion and a daily average traded volume of around $1.5 billion, has been acting on the macro-falling logarithmic resistance level in the recent past.

With the XRP/BTC already retesting multi-year lows, altcoin is well positioned to rally further against the US dollar in the near term.

But don’t worry—since 2017, #XRP has just been retracing in MACRO Wave 4 , and we’re in… pic.twitter.

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Article Details

Author / Journalist: Elena R

Category: Crypto

Markets: United States

Topics: Ripple (XRP) News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-20 @ 12:13:29 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 22621205

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