Ripple Whale brace For A Rally, Will XRP Price Hit $3 or More?

Ripple Whales Brace For A Rally, Will XRP Price Hit $3 andamp; Beyond Ripple whale transferred 167M XRP, sparking speculation about coming price

XRP price fell 20% over the week, but trading volume rose 68%, indicating renewed market interest experts expect a short-term target of $3, with $2,70 is a key resistance level the recent #Ripple whale withdrawal of 167 million #XRP , sparking speculation of an imminent price reversal the transaction occurred at a time when the market was at a low level, which worried many investors. Despite this, the trading volume increased by 68%, which indicates a new trend in the market. Analysts predict a short-term target of $3 if the price of XRP overcomes the resistance of $BTC Interestingly, investors' attention was attracted by a large transaction of XRP: Whale Alert reported that $367 million worth 167 million XRP was transferred to an unknown wallet. Such transactions often indicate hoarding, redistribution or over-the-counter trading. However, some analysts believe that Whale Alert is consolidating assets in preparation for a larger move. Others speculate that the move may be due to organized activity. Historically, large XRP movements have preceded large price movements in the market. XRP price is under selling pressure and has fallen 5% in the last 24 hours. Over the past week, the price of XRP has fallen by 20%, reflecting the weakness in the market. However, the daily trading volume has increased by 68%, indicating active investor participation. According to technical analysis, the XRP price needs to break above $2.70 to confirm the bullish trend. Failure to break above this level could lead to a prolonged price consolidation. A successful breakout could push the XRP price towards USD 3, which would attract more buyers. If the XRP price remains below resistance, short-term volatility could continue. Market sentiment will determine whether buyers will be able to maintain the upward momentum.

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