XRP Price: 900M Whale Buy & Bull Flag Retest Signals $4.50 Next
- Whale wallets added 900M XRP in 48 hours, signaling strong bullish conviction
- Bull flag breakout near $3.20 could propel XRP toward the $4.50 target zone
- Long-term resistance flip to support hints at potential retest of $3.80 levels
XRP whales are on another massive buying spree. On-chain data shared by analyst Ali Martinez shows that wallets holding between 100 million and 1 billion XRP have scooped up an additional 900 million tokens in just the last 48 hours.
This aggressive accumulation comes as the XRP price has stabilized near $3.19. This kind of buying during a period of consolidation is often seen as a sign of strong conviction from large investors, potentially setting the stage for the next major move higher.
Technical Setup Suggests Bull Flag Breakout
According to analyst Maxi, XRP is now retesting the upper boundary of a bull flag pattern as new support. This trendline, near the $3.20–$3.25 area, was recently broken to the upside. If buyers continue to defend this zone, the pattern’s measured move could propel the price t…
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XRP’s Entire Rally Hinges on Breaking This One Price: $3.33
XRP (XRP) Price Prediction for August 12
XRP Price: 900M Whale Buy & Bull Flag Retest Signals $4.50 Next
- Whale wallets added 900M XRP in 48 hours, signaling strong bullish conviction
- Bull flag breakout near $3.20 could propel XRP toward the $4.50 target zone
- Long-term resistance flip to support hints at potential retest of $3.80 levels
XRP whales are on another massive buying spree. On-chain data shared by analyst Ali Martinez shows that wallets holding between 100 million and 1 billion XRP have scooped up an additional 900 million tokens in just the last 48 hours.
This aggressive accumulation comes as the XRP price has stabilized near $3.19. This kind of buying during a period of consolidation is often seen as a sign of strong conviction from large investors, potentially setting the stage for the next major move higher.
Technical Setup Suggests Bull Flag Breakout
According to analyst Maxi, XRP is now retesting the upper boundary of a bull flag pattern as new support. This trendline, near the $3.20–$3.25 area, was recently broken to the upside. If buyers continue to defend this zone, the pattern’s measured move could propel the price t…
The post XRP Price: 900M Whale Buy & Bull Flag Retest Signals $4.50 Next appeared first on Coin Edition.
Читать больше
XRP’s Entire Rally Hinges on Breaking This One Price: $3.33