<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/key-level-warning-from-analyst-who-accurately-predicted-xrp-trends/" data-wpel-link="internal">Key Level Warning from Analyst Who Accurately Predicted XRP Trends</a><br></p>
<p style="text-align: justify"><a href="https://coin-turk.com/xrp-tahminlerinde-yanilmayan-analistten-kritik-seviye-uyarisi" data-wpel-link="internal">Ripple</a> Labs’ native token <a href="https://en.coin-turk.com/xrp-coin-will-it-rise-again/" data-wpel-link="internal">XRP</a>, which has been at the center of the <a href="https://en.coin-turk.com/bitcoin-price-surges-as-fed-meeting-approaches/" data-wpel-link="internal">SEC</a> lawsuit, entered a period full of rumors today, on March 14, following a notable rise in the past few days and a subsequent drop in price below the $0.69 level. Investors, noticing the decline, turned their attention to Whale Alert, a service that tracks large transactions on the blockchain. The data that emerged seems to have resonated more significantly within the crypto community.</p> 
<h2 style="text-align: justify" id="today-s-xrp-transactions">Today’s XRP Transactions</h2> 
<p style="text-align: justify"><strong>Whale Alert</strong> reported that 177.5 million XRP were transferred early today during a market downturn. According to Whale Alert, three separate transactions took place. During this period, a massive amount of XRP was transferred from unknown wallets and <a href="https://en.coin-turk.com/ripples-xrp-gains-momentum-as-analysts-predict-breakthrough/" data-wpel-link="internal">Ripple</a> to Centralized Exchanges (CEXs).</p> 
<p style="text-align: justify">In the first transaction, 140 million XRP worth $95 million were sent from <strong>Ripple</strong> to the address rP4X2hTa7A…7XZ63sKxv3. The remaining two transactions involved significant amounts of XRP being transferred to CEXs by a known XRP whale address. It was revealed that 21.1 million XRP worth $14.42 million were sent to Bitstamp, while 16.4 million XRP valued at $11.21 million were transferred to Bitso.</p> 
<p style="text-align: justify">Following these transactions, there were speculations that whales might be preparing for another major sell-off. There was also a noticeable mixed sentiment among whales in the market during this period. On the other hand, XRP continued to exhibit a negative trend today.</p> 
<p style="text-align: justify">Looking at derivative data, there was a significant downward trend that seemed to persist.</p> 
<h2 style="text-align: justify" id="what-is-the-current-price-of-xrp">What is the Current Price of XRP?</h2> 
<p style="text-align: justify">At the time of writing, the XRP price had experienced a 2.47% decrease over the last 24 hours, trading at $0.6887. The market cap also saw a 2.47% decrease, and with a 34.05% reduction in the 24-hour trading volume, XRP fully reflected the downtrend today.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-327369" src="https://coin-turk.com/wp-content/uploads/2024/03/xrp-kac-dolar-coin-turk-com.png" alt="" width="1567" height="891"></p> 
<p style="text-align: justify"><strong>Coinglass</strong> reported a 0.85% decrease in open interest for the token and a 52.32% decrease in trading volume, supporting this trend.</p> 
<p style="text-align: justify">Some investors were choosing to close their positions. Traders seemed to be acting on the belief that there could be further downward movements in the future.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/key-level-warning-from-analyst-who-accurately-predicted-xrp-trends/" data-wpel-link="internal">Key Level Warning from Analyst Who Accurately Predicted XRP Trends</a></h5>

Key Level Warning from Analyst Who Accurately Predicted XRP Trends

목차

COINTURK NEWS

2024년 3월 14일에 게재된 다른 기사

Empire of the Ants: A Photorealistic Real-Time Strategy Game Set to Dominate Consoles and PC in 2024

Ethereum Searches for Stable Ground as Prices Fluctuate

Bitcoin Plummets as US Inflation Data Raises Concerns

Omnisea to Enable Ritual-Powered aiNFT Drops in Upcoming Integration

BlackRock and Fidelity Drive New Wave of Investments in Bitcoin ETFs

Judge rules Craig Wright is not Satoshi Nakamoto: Report

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!