Paul Bennett

🚨 XRP Whales Are Back - 30M Tokens Bought in a Day! 🚨

$XRP is making a comeback, trading at $2.84 after whales accumulated 30 million tokens in the past 24 hours. Trading volume rose 18% to $7.53B - market participants are clearly jumping back in. 🐋💸

📊 Key Points:

• Support: $2.71 - the level buyers need to defend, or the path higher becomes uncertain.

• Resistance: $3.16 - the zone that capped the last rally.

• Volatility: narrowing Bollinger Bands indicate compression, preparing the stage for a potential big move in either direction.

📊 Technical indicators:

• A/D line flattening at 161.5B - demand slowing

• Chaikin Oscillator -3.694B - short-term outflows

• CRSI 55.11 - neutral, room for movement both ways

• HV 34.55 - volatility cooling, signaling consolidation

💡 Possible scenarios:

• Bullish: breaking $2.97 and $3.16 could open the way to $3.70, supported by rising A/D levels and a positive Chaikin Oscillator.

• Bearish: dropping below $2.77 may push $XRP toward $2.50 or even $2.30 if selling accelerates.

#XRPEFT #SEC #MarketAnalysis

WhiteBIT Chart (5D): $XRP | $USDT