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XRP Accumulation Reported as Analyst Flags Institutional Dark Pool Activity

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XRP may be under hidden accumulation by institutions via dark pools, as technical support zones hold firm.
  • Analyst Jake Claver claims XRP is being quietly accumulated through institutional dark pools.
  • XRP has respected key Fibonacci support zones at $2.07 and $1.93 after pullback.
  • MACD remains bullish as RSI stays just under overbought zone near 59.

XRP’s price has remained frustratingly stagnant despite increasing regulatory clarity, rising institutional involvement, and a steady expansion of real-world use cases. But according to Jake Claver, Managing Director of Digital Ascension Group, this range-bound movement may be hiding a brewing storm.

In a recent thread on X, Claver highlighted the role of dark pools — private markets where large crypto transactions occur off-exchange — as a hidden force behind XRP’s sideways action. 

According to Claver, the rise of dark pools in crypto is “kind of a double-edged sword.” He fu…

The post XRP Accumulation Reported as Analyst Flags Institutional Dark Pool Activity appeared first on Coin Edition.

Read the article at CoinEdition

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Coins

$ 1.46

+4.26%

$ 0.0115

+5.17%

$ 0.00...361

$ 0.0869

$ 0.00085


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In This News

Coins

$ 1.46

+4.26%

$ 0.0115

+5.17%

$ 0.00...361

$ 0.0869

$ 0.00085


Share:

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XRP Accumulation Reported as Analyst Flags Institutional Dark Pool Activity

Share:

XRP may be under hidden accumulation by institutions via dark pools, as technical support zones hold firm.
  • Analyst Jake Claver claims XRP is being quietly accumulated through institutional dark pools.
  • XRP has respected key Fibonacci support zones at $2.07 and $1.93 after pullback.
  • MACD remains bullish as RSI stays just under overbought zone near 59.

XRP’s price has remained frustratingly stagnant despite increasing regulatory clarity, rising institutional involvement, and a steady expansion of real-world use cases. But according to Jake Claver, Managing Director of Digital Ascension Group, this range-bound movement may be hiding a brewing storm.

In a recent thread on X, Claver highlighted the role of dark pools — private markets where large crypto transactions occur off-exchange — as a hidden force behind XRP’s sideways action. 

According to Claver, the rise of dark pools in crypto is “kind of a double-edged sword.” He fu…

The post XRP Accumulation Reported as Analyst Flags Institutional Dark Pool Activity appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 1.46

+4.26%

$ 0.0115

+5.17%

$ 0.00...361

$ 0.0869

$ 0.00085


Share:

In This News

Coins

$ 1.46

+4.26%

$ 0.0115

+5.17%

$ 0.00...361

$ 0.0869

$ 0.00085


Share:

Read More

Cardano (ADA) Bears on the March: Rising Momentum Threatens $0.20 Support

Cardano (ADA) Bears on the March: Rising Momentum Threatens $0.20 Support

With the Fear and Greed Index value settled at 8, the market sentiment hangs in extre...
XRP Leads Crypto Market With Double-Digit Surge After Sharp Sell-Off

XRP Leads Crypto Market With Double-Digit Surge After Sharp Sell-Off

The broader crypto market is showing signs of recovery, and XRP has emerged as one of...