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Ripple What moves 273 million dollars, as the analyst predicts the collapse of the XRP price to $ 1.90

In the latest developments in the Ripple community, the whale moved $ 273 million from XRP, which contributes to increasing activity. If XRP continues to confront rejection at a sign of $ 2.17, its price may decrease to $ 1.90 due to the activity of whale and unfavorable technical indicators.

The whales transfer 131 million XRP in one treatment

The ripple whale created a sensation in the ecosystem after a huge transmission of XRP between the governor, which causes investors to wipe the horizon. according to Pisces alert dataThe ripple whale moves 131,000,000 XRP between conservatives in one treatment.

The market value of the moving XRP stands at amazing $ 273 million, which is late for discharged. According to the announcement, the portfolio participating in transfers is unknown as investors survey the prospects for the growing whale activity.

“131,000,000 XRP (273,945,648 USD) was transferred from an unknown wallet to an unknown portfolio,” Read The Whale Alert Post on X.

There is an increasing gossip that the governor may belong to the exchange, but the details remain under the winding. In this scenario, the processes are preliminary for a huge sale that will negatively affect the price of XRP. Whale activity usually arouses the interest of retail, which leads to panic that leads to sales even without selling their XRP whales.

On the contrary, whale activity may be without a prescription (OTC) without any immediate effect on the price of XRP. However, investors peel their eyes on a series of other whales reaction after the latest XRP transfers. A consecutive effect is formed after a $ 63 million ripple whale has been transferred in one deal barely 12 hours ago.

The XRP price faces a strict test at the resistance level

Amid the growing whale activity in the ecosystem, the XRP price faces an arduous payment of higher numbers. XRP PRICE previously tried to violate a brand of $ 2.17, but a series of rejection processes may link the feelings of merchants.

Casitrades analyst notes that although $ 2.17 is still working as a roof, the XRP price will decrease to a new support level. XRP is trading at $ 2.06 amid speculation that the price of XRP has decreased despite the rejection at the level of $ 2.17.

According to Casitrades, the price of XRP is about $ 1.90, but a sharp drop to $ 1.55 is still a dark possibility. CASITRADES predicts that prices will not remain stagnant on new support levels, noting that the level “will be purchased quickly.”

“But if this rejection continues to play, the support is at $ 1.90 and $ 1.555 is still playing.

During the past week, the XRP price gained 15 %, but the whale activity witnessed that it loses 4 % 24 hours a day. XRP ETF Buzz and a possible rapid integration with Ripple can send the XRP price to more than $ 3.

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Alio Bokima

Aliyu Pokima is an encrypted journalist and a tattoo of the emerging techniques with talent to cover the stories of needing needle in space. Aliyu offers urgent news stories, organizational updates, and insightful analysis with depth and accuracy. When he does not wander in the plans or the late follow -up, Aliyu enjoys playing guitar guitar, lifting weights and ran the marathon.

Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.

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