Bitcoin

Million

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<ul class="news-points"> 
 <li><strong>About 409 million XRP tokens moved from one wallet to another.</strong></li> 
 <li><strong>If bulls defend the support at $0.48, with increased accumulating from the OBV, XRP may hit $0.52.</strong></li> 
 <li><strong>The RSI needs to break above the 50.00 ceiling for the price to edge toward $0.55.</strong></li> 
</ul> 
<p>Lately, the price of <a href="https://coinedition.com/xrp-is-currently-exhibiting-early-bullish-sentiments-analyst/">Ripple (XRP)</a> has been evading recovery as it continues to trade below $0.50. Even now that the value of <a href="https://coinedition.com/bitcoin-repeats-patterns-seen-in-pre-halving-years-analyst/">Bitcoin (BTC)</a> has been able to surpass $28,000. XRP still failed to follow, dropping a mild 1% in the last 24 hours.</p> 
<p>However, the stalemate of the token has not stalled its movement from one address to another. One of XRP’s recent movements is the 409.77 million transfer from Bitvavo to an unknown wallet, as revealed by whale tracking platform Whale Alert.</p> 
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> 409,776,402 <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#XRP</a> (201,627,816 USD) transferred from <a href="https://twitter.com/hashtag/Bitvavo?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitvavo</a> to unknown new wallet<a href="https://t.co/j0ho6BYxce" target="_blank" rel="nofollow">https://t.co/j0ho6BYxce</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1714190811712114996?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 17, 2023</a>
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<p>For the unfamiliar, Bitvavo is a Netherland-based exchange and it’s one of the largest platforms for institutional crypto investors. In most cases, a movement from an exchange to a relatively unknown wallet is a sign that the token involved could be kept for a long time. The…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/will-xrps-201-million-movement-steer-a-recovery-toward-0-55/">Will XRP’s $201 Million Movement Steer a Recovery Toward $0.55?</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Will XRP’s $201 Million Movement Steer a Recovery Toward $0.55?

Coin Edition

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