BeInCrypto DE
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XRP whales sell, but HODLers accumulate aggressively: What is the price doing?
The XRP price has fallen by almost 10 percent in the last four weeks, although there was a small increase of 1.5 percent this week. The price remains in a range of 2.31–1.98 USD and has not yet achieved a clear breakout. This situation shows a divided market behavior: While large XRP investors ("whales") are selling, other important groups are accumulating the cryptocurrency diligently.
This back and forth keeps the XRP price in a falling wedge, without yet confirming a bullish trend reversal.
This back and forth keeps the XRP price in a falling wedge, without yet confirming a bullish trend reversal.
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