XRP Whale Alert: Intriguing New Data Unveiled – Details Inside
Whale Behavior Shift: Santiment reports a significant decrease in the number of whale and shark wallets holding over 100 million XRP, dropping by 20.6% in the last two months, while the total balance in these wallets has reached a seven-year high.
Long-Term Accumulation Strategy: Despite fewer large wallets, the remaining investors are aggressively increasing their XRP holdings, indicating a potential long-term accumulation strategy among existing large whales in the XRP ecosystem.
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Technical Analysis for XRP
Technical Sentiment Analysis for XRP (XRP) As of , XRP (XRP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 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 stock.
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 | 0.46 | 0.789 | 1.156 | 1.485 | 1.852 | 2.18 | 2.548 |
| Fibonacci | 0.789 | 1.055 | 1.219 | 1.485 | 1.75 | 1.915 | 2.18 |
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