XRP has just sent out a very strong signal 🐋
Over the past 24 hours, the number of large XRP transactions above $1 surged by 280%, nearing 40 trades—this is typical whale low-level accumulation. At the same time, XRP withdrawals from major exchanges such as Coinbase have continued to deepen, indicating that liquidity is moving from the market to on-chain, and the narrative of tightening supply is starting to take shape.
From a technical perspective, RSI(6) has quickly rebounded from a low of 43.9 to 55.3. The MACD histogram has continued to narrow toward the zero line, and bearish momentum is running out. The MA7 and MA25 moving averages have also entered a consolidation (sticking) phase. Price keeps testing the $1.00 support level and holding firm—this key price’s resilience is worth paying attention to.
On the fundamentals, Ripple has officially partnered with South Korea’s Jeonbuk Bank for cross-border payments. The daily net inflow into XRP spot ETFs averages $5.8 million, and both catalysts have arrived at the same time. The logic in the payments space has always been: institutions will use it—so they first accumulate coins.
$1.00 is the lifeline right now. Whether it can break through the $1.06 resistance will determine the direction of the next leg of the move. The whales have started taking action—what are retail investors waiting for?
#XRP #支付赛道 #cryptocurrency
Over the past 24 hours, the number of large XRP transactions above $1 surged by 280%, nearing 40 trades—this is typical whale low-level accumulation. At the same time, XRP withdrawals from major exchanges such as Coinbase have continued to deepen, indicating that liquidity is moving from the market to on-chain, and the narrative of tightening supply is starting to take shape.
From a technical perspective, RSI(6) has quickly rebounded from a low of 43.9 to 55.3. The MACD histogram has continued to narrow toward the zero line, and bearish momentum is running out. The MA7 and MA25 moving averages have also entered a consolidation (sticking) phase. Price keeps testing the $1.00 support level and holding firm—this key price’s resilience is worth paying attention to.
On the fundamentals, Ripple has officially partnered with South Korea’s Jeonbuk Bank for cross-border payments. The daily net inflow into XRP spot ETFs averages $5.8 million, and both catalysts have arrived at the same time. The logic in the payments space has always been: institutions will use it—so they first accumulate coins.
$1.00 is the lifeline right now. Whether it can break through the $1.06 resistance will determine the direction of the next leg of the move. The whales have started taking action—what are retail investors waiting for?
#XRP #支付赛道 #cryptocurrency