XRP Has No Major Resistance for Massive Rally After Defending $2.80 Support: Analyst
XRP traded near $2.98 at press time, gaining 2% in the last 24 hours and 6% across the week. Analysts point to $2.80 as a key level that could determine whether the token continues its rebound.
$2.80 Holds as Key Support
Crypto analyst Ali Martinez said XRP defended $2.80, which has become a realized cost basis for a large number of holders. Data from Glassnode shows that about 2.18 billion tokens, equal to over 3% of the circulating supply, last moved at this price point.
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250,000,000 XRP Bought in 2 Days: What Are Ripple Whales Up To?
Top Ripple (XRP) Price Predictions for Q4
XRP Has No Major Resistance for Massive Rally After Defending $2.80 Support: Analyst
XRP traded near $2.98 at press time, gaining 2% in the last 24 hours and 6% across the week. Analysts point to $2.80 as a key level that could determine whether the token continues its rebound.
$2.80 Holds as Key Support
Crypto analyst Ali Martinez said XRP defended $2.80, which has become a realized cost basis for a large number of holders. Data from Glassnode shows that about 2.18 billion tokens, equal to over 3% of the circulating supply, last moved at this price point.
Read More
250,000,000 XRP Bought in 2 Days: What Are Ripple Whales Up To?