October Will Decide XRP’s Path as Price Defends Crucial $2.70 Level
- XRP bounced from $2.70 support, but on-chain data shows weak demand and rising exchange reserves.
- Whale transfers of 50M XRP spark debate, while misinformation on X clouded the narrative.
- October SEC rulings on six XRP ETFs may define the next major move in XRP’s price.
XRP pulled back from its $2.70 support zone as the week started, sparking a rebound now trading 2.90 that has traders testing the line between relief and conviction. The move comes at a moment when speculation over an October spot ETF decision is already pushing sentiment higher, yet the underlying data on demand tells a more complicated story.
Misinformation Fuels Confusion Around Whale Activity
A surge of posts on X claimed that XRP whales were buying at record pace. The narrative spread quickly, drawing more than 180,000 views in a single day. But on inspection, the claim falls apart.
The…
Read The Full Article October Will Decide XRP’s Path as Price Defends Crucial $2.70 Level On Coin Edition.
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XRP Breaks Out? Classic Chart Patterns Align with ETF Deadline Surge
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October Will Decide XRP’s Path as Price Defends Crucial $2.70 Level
- XRP bounced from $2.70 support, but on-chain data shows weak demand and rising exchange reserves.
- Whale transfers of 50M XRP spark debate, while misinformation on X clouded the narrative.
- October SEC rulings on six XRP ETFs may define the next major move in XRP’s price.
XRP pulled back from its $2.70 support zone as the week started, sparking a rebound now trading 2.90 that has traders testing the line between relief and conviction. The move comes at a moment when speculation over an October spot ETF decision is already pushing sentiment higher, yet the underlying data on demand tells a more complicated story.
Misinformation Fuels Confusion Around Whale Activity
A surge of posts on X claimed that XRP whales were buying at record pace. The narrative spread quickly, drawing more than 180,000 views in a single day. But on inspection, the claim falls apart.
The…
Read The Full Article October Will Decide XRP’s Path as Price Defends Crucial $2.70 Level On Coin Edition.
Read More
XRP Breaks Out? Classic Chart Patterns Align with ETF Deadline Surge