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NewsBTC 2022-07-24 13:28:41

XRP Major Price Action Seen Enroute $0.5 In The Coming Days

XRP price has been sluggish for the longest time, even though XRP has grappled to set foot on $0.4 zone in which an upswing could push the price far reaching above $0.5 in the next few days. During the crypto crash in May, XRP was seen to lose its hold on $0.55 and have been under the pivotal support line ever since. Following that, the token has been still and hasn’t displayed any bullish movement halting any uptrend. Suggested Reading | Solana (SOL) To Hit $166 By 2025, Despite Current Bearish Conditions XRP Price Ascent Seen In The Coming Days Recent data show signs of a major uptick that will hoist the price of the token in the coming days. There is a massive amount of stagnant XRP token that are hauled which included a lot of primary active wallets that dislodged most of their XRPs. Several analysts are confident – including Jed McCaleb, Ripple Co-Founder – that the crypto will soon find the stability it deserves. Right after McCaleb sold all of his XRP holdings, several dormant tokens moved which signal high volatility happening soon. More so, a lot of hodlers and whales have recently been active with the token which means that a price rally is in the offing. Whale Alert, a popular platform which monitors transfers over Twitter reported that roughly 375 million worth of XRP tokens are being shifted in the past 48 hours. The biggest chunk of tokens come from a single address bearing over 155 million token...

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