XRP Whale Dump 18 Million Tokens, Will Price Drop?

Quick Summary:

Today on September 19, 2024, the blockchain transaction tracker Whale Alert made a post on X (Previously Twitter) that an XRP whale has dumped a significant 18.03 million tokens, worth $10.39 million to the Bitstamp cryptocurrency exchange.

If XRP closes a daily candle above the $0.60 level, there is a strong possibility it could soar by 20% to the $0.75 level in the coming days.

The 200 EMA is a technical indicator that traders and investors use to determine whether an asset is in an uptrend or downtrend.

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Article Details

Author / Journalist: Zameer Attar

Category: Crypto

Markets: United States

Topics: Ripple (XRP) News Price Analysis Crypto news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-18 @ 21:54:10 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 358 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 16 words per sentence (average)

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Copyright Owner: © Coinpedia

News ID: 22582336

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