XRP prices are up more than 140% since January 30.
The recent recovery seems to have been boosted by GameStop's price action, which has been widely used by the infamous WallStreetBets Reddit community.
Despite the hip around Ripple, chain measurements predict similar visibility while whales still own their properties.
XRP price shows a detailed rise in.
The Telegram Group plans to pump the coin on February 1. Although the pump is scheduled for 1:30 pm GMT, the price is up to 30% today. Whales seem to be benefiting from the rising costs of selling or redistributing goods, a sign of increasing pressure
https://forexmarketnewsdily.blogspot.com/2021/02/xrp-price-goes-under-extreme.html
"PumpXRP"
The Telegram group has grown successfully, reaching its list of 200,000 subscribers since January 30, when it was founded. The XRP price was quick to respond to the team's call to signal new annual highs.
In addition, cash flow inflation soared more than 80% in less than 16 hours after the so-called "XRP army" rushed to the stock market to realize a fraction of the rising price.
While XRP has been putting a lot of pressure in the last few days, the real pump should start at 8.30EST or 13:30 GMT. Perhaps the price could show a simple increase in the planned period as it coincides with the opening of European markets.
XRP / USD 6 hours
While there is a good chance that viewers will step in to pump XRP, the TD sequence indicator predicts a strong correction is underway. This technical list also illuminated the sales light in the form of a 9-bulb lamp for a period of 4 hours and 6 hours.
If confirmed, the current price level could cool before prices rise. A possible rise in sales prices could indicate that the XRP price is entering the merger phase or returning to the USD 0.60 level before resuming delivery.
Metric tips on the chain to increase the low pressure
The work of the XRP Whale Network has increased confidence in the bear's prospects. Santiment's distribution table for owners shows that the number of addresses has plummeted from 1,000 to 10,000,000 XRPs since prices started to rise on January 30.
XRP Owner distribution card
Pr. On Feb. 1, the number of homes dropped the least by 0.7% and was seen in whales with XRP up to 10,000 XRP. In the meantime, I took them 100,000 to 1,000,000 XRP and a 3.7% dive.
Both the technical details and the images of the chain suggest they may be present and fall on XRP cards, and will be confirmed at a discount of less than $ 0.60. In these cases, XRP could move to the next USD 0.51 support level.
It is worth noting that with the current price of XRP it is below the heavy $ 0.70 supply barrier, below 127.2% of the Fibonacci level of $ 0.72. Closing above the USD 0.72 level gives the cryptocurrency mode a slight resistance at USD 0.78. Following this trend, the Fibonacci level from 161.8% to $ 0.87 will be the next supply chain.
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