The post XRP Shows Signs of Recovery as ETFs and Buy Signals Strengthen Outlook appeared com. Historical 1. 8B XRP accumulation highlights $1. 75 as a key support, reinforcing the level’s importance. TD Sequential flashes a buy signal, boosting confidence in XRP’s short-term recovery. ETF inflows and upcoming XRP ETF launches strengthen the market outlook. Amid bearish momentum, the XRP price reached an intraday low of $1. 89, a decline of over 2% in the last 24 hours and more than 16% in the last week. Notably, some analysts had predicted XRP could even fall below $1 as the bearish momentum intensified. However, the coin soon found support at the $1. 85 level and is now making another attempt at the $2 level. 1. 8 Billion XRP Bought at Key Level According to a chart shared by analyst Ali Martinez, 1. 8 billion XRP were previously purchased at around $1. 75, establishing this as a significant support level. Furthermore, the analyst said in a separate post that the TD Sequential indicator has flashed a buy signal for XRP. This indicator has historically predicted XRP’s bottoms, often leading to notable upside moves. Specifically, Martinez noted that XRP rebounded by 14% and 18% in the last two instances when the TD Sequential indicator flashed a similar signal. On Friday, XRP ETFs from Bitwise and Canry Capital recorded total inflows of $11. 89 million. Cumulative total net inflow into XRP ETFs has now reached $422. 66 million just one week after launch. More ETFs Set to Launch Grayscale will list its XRP (GXRP) spot ETF on NYSE Arca on Monday, expanding the company’s lineup of more than 40 crypto products. Meanwhile, 21RP.
Tag: accumulation
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The post Virtuals Protocol Price Surges Past $1. 79 As Traders Eye $1. 90 Breakout appeared first The price soared 35. 8% in the past 24 hours, zooming past short-term resistance and adding to a week of powerful gains. Traders and investors are buzzing on social media, urged by news of x402 protocol integration with Coinbase’s AI payment standards.
TLDR Tom Lee says only 22% of fund managers are beating benchmarks this year. BitMine added 104, 000 ETH worth $417M from Kraken and BitGo wallets. Trump will meet China’s Xi in two weeks to renegotiate U. S. tariffs. Crypto markets saw $1B in liquidations with $369M from Bitcoin alone. As markets reel from fresh volatility, BitMine [.] The post BitMine Buys More ETH as Trump Prepares to Meet China on Tariffs appeared first on CoinCentral.