The cryptocurrency market experienced a downturn, including Bitcoin, which fell below $100k. Despite this, XRP showed resilience and recorded a 5.9% gain. There has been a record influx of XRP to Binance, suggesting that major holders are making strategic adjustments to their portfolios. However, it is unclear whether this influx is for selling or other purposes such as staking. Despite the pullback in XRP's price, there are indications of a bull flag pattern forming, suggesting a potential bullish breakout and a potential growth of 50%.
- Content Editor ( cryptonewsz.com )
- 2024-12-11
Can XRP Price Hold $2 Floor Amid Record Whale Inflow to Binance?