XRP Users Warned of New Scam Accounts Targeting Wallets

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 4 hours ago

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Surge in Scam Accounts: Wietse Wind, founder of Xaman, warns that over 20 fake Twitter accounts impersonating the Xaman wallet emerge daily, misleading users and increasing social engineering risks within the XRP community.
Flood of Fake Websites: Wind notes that more than 10 new domains appear each day, with websites pretending to be linked to the official wallet, potentially leading users to encounter these fake links in search results and risking asset loss.
Reiteration of Security Warnings: Wind emphasizes that “there is no desktop wallet! No airdrop!” and urges users to verify sources before signing any transactions to prevent wallet draining risks, especially amidst the proliferation of fake support messages.
Community Safety Discussion: Ripple's former CTO David Schwartz has also issued similar warnings about the rise in fake airdrops and giveaways, stressing that users should remain cautious of such posts to avoid being exploited by scammers.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 3 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.089	1.196	1.287	1.394	1.486	1.592	1.684
Fibonacci	1.196	1.271	1.318	1.394	1.47	1.516	1.592

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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