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#BTCReclaims101K In 2024, #Binance recorded an incredible $21.6 billion in user fund deposits! · Average Bitcoin deposits grew from 0.36 BTC to 1.65 BTC. · USDT deposits surged from $19.6K to $230K, reflecting the rising interest from professional and corporate investors.
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#MajorAirdropWatch Today, we're taking a closer look at Ripple (XRP), a cryptocurrency with a fascinating history and a promising future. A Look Back at 2017 In 2017, XRP experienced a remarkable bull run that lasted for 343 consecutive days! With minimal retracements and only one brief consolidation period, it was a truly historic event. The 2024 Rally Fast forward to late 2024, and XRP is once again showing signs of bullish momentum. It has been on a 28-day growth streak, and there's no reason to believe this trend will stop anytime soon.
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XRP DUMP ALERT??? $XRP SIGNAL TYPE- SHORT XRP/USDT is forming a classic Head and Shoulders pattern, a bearish reversal structure. The pattern consists of three peaks: the left shoulder, a higher head, and a slightly lower right shoulder, all above a neckline support zone. After breaking below the neckline, the price shows bearish momentum. The EMA Ribbon is sloping downward, indicating a shift toward bearish sentiment. If the breakdown sustains, it may lead to further downside, potentially reaching a target calculated by the height of the head. Traders often use this pattern as a signal to anticipate reversals and plan short positions. $BTC $XRP
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#2024WithBinance XRP has made headlines recently with a remarkable 15% surge in just 24 hours, driven by impressive network growth! 📈 But as excitement builds, questions arise: will this rally last? Let’s dive into the details! 🔍 🚀 XRP's Impressive Rally In the past day, XRP's price has skyrocketed, pushing its market cap to an impressive $155.69 billion as of December 3, 2024. Active wallet addresses for Ripple have surged to over 116,000, a key factor fueling this bullish momentum. The trading volume has also seen a significant boost, increasing by 93.29% in just one day! 🤑 This rally comes on the heels of increased investor participation, particularly from retail investors, following the recent U.S. elections. The enthusiasm among smaller investors contrasts with a more cautious approach from larger players, often referred to as "whales." 📉 Caution Among Whales Despite the positive price action, whale activity has notably declined. The percentage of stablecoin holdings has dropped to 53.993% of the total supply, signaling a more cautious sentiment among large investors. This hesitance could limit the strength of XRP's rally moving forward. 🐋💔 📊 Technical Analysis Signals Caution Technical indicators are also painting a mixed picture. The Moving Average Convergence Divergence (MACD) chart from TradingView shows a bearish crossover, where the signal line has crossed below the MACD line. This shift indicates declining bullish momentum and raises the possibility of a short-term price correction. 📉⚠️ The MACD histogram has shifted into negative territory, reflecting a cautious stance among traders. This bearish signal, combined with the declining whale activity, could suggest that XRP may struggle to maintain its upward trajectory in the near term. 📉 Profit-to-Loss Ratio Indicates Hesitation The profit-to-loss metric further highlights the cautious sentiment among investors. Recently, the daily profit-to-loss ratio for XRP hovered around 0.374, indicating that more investors are selling than buying. $XRP
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#2024withBinance $XRP UPDATE 🔥 Big News for $XRP Ledger Fans! 🌟 🔥 $XRP Ledger (XRPL) just got a MAJOR upgrade with the launch of rippled 2.3.0! This update is here to supercharge stability and security across the ecosystem. 🎯 💡 Why it matters: 📈 With XRP soaring to new heights, XRPL has seen an explosion in user activity — even causing a temporary shutdown recently. This upgrade ensures XRPL can handle the heat and keep running smoothly for the booming community. 💸 Plus, the highly anticipated Ripple USD stablecoin (RLUSD) is on its way, with rigorous testing already underway. 🛠️ Rippling innovation, one step at a time! 📢 Attention Validators: Don’t miss out! Update to rippled 2.3.0 now to help build a stronger, more resilient XRPL. 💪 👉 #Xrp🔥🔥 🚀 #xrpsucess $BTC $ETH
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