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XRP Whales Keep Buying – Data Reveals Smart Money Prepares For A Rally

NewsBTC LogoNewsBTC1d ago

XRP Whales Keep Buying – Data Reveals Smart Money Prepares For A Rally - NewsBTC

Quick Summary:

If XRP continues to trade above this level, it would solidify investor confidence and pave the way for a potential test of the $2.40 resistance mark.Breaking above $2.40 would likely trigger additional buying interest, potentially driving XRP toward new highs as the broader market sentiment improves.

Holding above key support levels not only reflects technical strength but also underscores investor confidence in its potential for a significant rally.

Related Reading: If History Repeats Dogecoin Has Potential For A Parabolic Rally – Details As whale accumulation continues and sentiment shifts, XRP is well-positioned to capitalize on positive momentum.


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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 19:00:30 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 562 words

Reading Time: 4 minutes read

Sentences: 63 lines

Sentence Length: 9 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 24647970

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 2 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 17 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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