Altcoins News
By Sakamoto Nashi
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XRP Price Action: Breaking Key Supports. On Wednesday, XRP slid below the 50-day Simple Moving Average (SMA), a widely tracked indicator of…
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Whale Activity: Diverging Strategies. On-chain data reveals that large XRP holders are reducing exposure.
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Profit Levels Remain Exceptionally High. One striking feature of XRP’s market structure is the profitability of its holders.
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Macro Risks: All Eyes on Jackson Hole. The upcoming Jackson Hole Economic Symposium has put global investors on high alert.
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Outlook: Consolidation or Deeper Correction?. For now, XRP remains in a precarious position. The breakdown below the 50-day SMA and key support…
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Conclusion. Ripple’s XRP is navigating a critical juncture. With whales unloading nearly half a billion…
7 / 15
Ripple’s native token, XRP, has come under heavy selling pressure this week, dropping another 6% as investors exited the broader altcoin market.
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Over the past six days, XRP has lost roughly 13% of its value, slipping below multiple technical support levels and raising concerns about whether the cryptocurrency can sustain…
9 / 15
On Wednesday, XRP slid below the 50-day Simple Moving Average (SMA), a widely tracked indicator of medium-term trend direction. The token also breached the $2.
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If the 50-day SMA fails to act as support, analysts warn that XRP could retest the $2.78 zone. A further break lower could expose the cryptocurrency to the $2.
11 / 15
Despite the bearish shift in momentum, some traders point out that XRP’s consolidation comes after an extended uptrend, suggesting that corrections are part of a healthy market…
12 / 15
On-chain data reveals that large XRP holders are reducing exposure. Wallets holding between 10 million and 100 million XRP offloaded approximately 460 million tokens over the…
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At the same time, smaller whale wallets, defined as holding 1 million to 10 million XRP, added roughly 130 million tokens during the same period.
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Such whale behavior highlights the uncertainty currently dominating the crypto landscape. With XRP trading near pivotal technical levels, these opposing strategies could…
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One striking feature of XRP’s market structure is the profitability of its holders. Since mid-January 2025, more than 93% of circulating supply has remained in profit, a rare…
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