Ripple Technical Analysis: XRP/USD whales are significantly increasing after cracking $0.25
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There are 29 new XRP whales holding at least 1 million coins. XRP/USD had a breakout above $0.25 but trading volume is decreasing. XRP is currently t

  • There are 29 new XRP whales holding at least 1 million coins.
  • XRP/USD had a breakout above $0.25 but trading volume is decreasing. 
  • There are 29 new XRP whales holding at least 1 million coins.
  • There are 29 new XRP whales holding at least 1 million coins.There are 29 new XRP whales holding at least 1 million coins.
  • XRP/USD had a breakout above $0.25 but trading volume is decreasing. 
  • XRP/USD had a breakout above $0.25 but trading volume is decreasing. XRP/USD had a breakout above $0.25 but trading volume is decreasing. 

    XRP is currently trading at $0.251 in a daily uptrend and will most likely form a bull flag in the short-term. According to statistics from Santiment, the number of XRP whales has increased over the past month. On July 7, around 814 whales held at least 1 million XRP coins up to 10 million. That number is now at 843, meaning that 29 more whales entered the game holding at least 29 million more XRP coins.

    XRP is currently trading at $0.251 in a daily uptrend and will most likely form a bull flag in the short-term. According to statistics from Santiment

    XRP/USD daily chart

    XRP/USD daily chart

    XRPUSD

    XRPUSDXRPUSD

    XRP is not facing many resistance levels but it has a long way to go until the 2020-high at $0.35. The next most important level to beat is located at $0.28 followed by $0.30 psychological level and $0.309. 

    XRP is not facing many resistance levels but it has a long way to go until the 2020-high at $0.35. The next most important level to beat is located at $0.28 followed by $0.30 psychological level and $0.309. 

    Bulls ave not established many support levels on the way up so consolidation would be ideal for XRP in the short-term.

    Bulls ave not established many support levels on the way up so consolidation would be ideal for XRP in the short-term.

    From: FXSTREET