Massive Whale Activity Shows for XRP – Breakout Might Surpass BTC
California, USA – Stream of Whale alerts pop out, moving 10 million XRP from different wallets. Also, XRP might face a breakout against Bitcoin as per a crypto analyst.
There were whale alerts at the beginning of the month, which moved 10 million XRP to different wallets, like Binance and Bittrex. It also recorded a transfer to Ripple, which traders assess whether it will cause a negative thing on its performance.
The transfer took place from September 3 and 4, and the alert signified a rally. Some of the cryptocurrencies that also experienced a rally in the past week include Polkadot, Litecoin, and Solana.
The transfer amounted to 10 million XRP, and Ripple sent it to another wallet. On the other hand, the biggest transfer recorded 218,682,488 XRP. It’s worth $280 million, and Ripple sent it to another wallet. Now, the price trades at $1.25130, but whale watchers monitor the price, which appeared to be more than an overall price rally.
Also, a crypto analyst shared insights regarding the possible performance of Ripple. On his YouTube channel, which has 120,000 subscribers, he stated that XRP might launch a 46%-rally from the trading price, which is $1.26. As per Van de Poppe, the price might target $1.85 and even $1.96 before the year ends.
Also, Van de Poppe stated that the XRP/BTC is few moves away from the 140%-boost from its trading price, which is $1.25. The performance is still under observation, whether it will trade on higher highs or higher lows.
