CandleFocus XRP Price Prediction: These Two Factors Could Push It to $4
2024-12-16
Author: Content Editor
Crypto experts and on-chain data from Santiment suggest that XRP's price could potentially reach $4, as whales holding 1 to 10 million XRP have increased their holdings by 100 million tokens during a price dip. These whales have accumulated an additional 1.1 billion tokens over the past month, indicating strong confidence in XRP's long-term potential. Technical patterns also indicate a bullish outlook, with a new bull flag formation suggesting the possibility of a rally beyond $4. Historical trends support this view, with similar patterns driving XRP's price from $0.69 to $2.87 in the past. XRP's current trading price is $2.41, but with whale activity and strong technical indicators, it is expected to rebound significantly and potentially reach $4 or higher in the next rally phase.
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