Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,456)
  • Analysis (1,639)
  • Bitcoin (2,228)
  • Blockchain (1,317)
  • DeFi (1,540)
  • Ethereum (1,509)
  • Event (56)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,584)
  • Press Releases (2)
  • Reddit (878)
  • Regulation (1,480)
  • Security (2,107)
  • Thought Leadership (3)
  • Videos (41)
Hand picked
  • The German banking giant Sparkassen to offer the crypto exchange at 50 million customers by 2026
  • Coinbase (COIN) News: Launch U.S. Perp-Style Futures, Buys Bitcoin (BTC) Weekly, CEO Says
  • Giant Spanish coffee OKs $ 1.17 billion Bitcoin strategy
  • TonCoin: Can an increase of 42% in whale entries propel ton $ 3.28?
  • Bitcoin could test $ 104,500 before reaching new heights
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Altcoins»The support of $ 2.40 of XRP at risk? How the return of bitcoin can change things
Altcoins

The support of $ 2.40 of XRP at risk? How the return of bitcoin can change things

February 18, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Ritika1 2 1000x600.webp.webp
Share
Facebook Twitter LinkedIn Pinterest Email


Avatar

Journalist

Posted: February 19, 2025

  • The action of XRP prices has remained under pressure, indicating a strong momentum of sale.
  • Will whales intervene or are there more decrease in advance?

Ripple (XRP) jumped 8% this week, with a 40% leap in daily volume while whales increased the drop by $ 2.40.

The bulls are hungry, but can XRP go to $ 3, or is it a decline on the horizon to shake these weak hands before the start of the real rally?

The following movement could be huge – look carefully.

Bitcoin dominance rebounds

The active accounts on the large XRP book fell 76% compared to the electoral levels, when he culminated at 109K.

This sharp decline indicates a massive benefit while the weak hands leave the cycle after taking the increase in XRP at $ 3.40.

Despite this, the XRP price table shows signs of fresh accumulation with a crucial support of $ 2.40, the whales taking 60 million XRP in just 24 hours.

This could be the first stages of a $ 3 rally, just as we saw in the previous cycles.

However, the down pressure remains strong. Three right red candlesticks on graph 1D indicate the pressure during the sale, and the drop in active addresses adds to the downward box.

XRP price actionXRP price action

Source: tradingView (XRP / USDT)

This change is also reflected in the XRP / BTC pair, which, after a ten -day rally, is cooling now.

The recent 8% increase in XRP seems to be the result of the fact that capital came out of BTC in Altcoins – a classic decision while investors rebalance their portfolios.

However, the Bitcoin dominance (BTC.D) is bonded by 1.01%, pushing almost 61.20%. With this increase, it seems that Bitcoin can recover its focal point position on the market.

Is XRP’s support threatened?

Unlike January, when the whales aggressively accumulated more than $ 1.5 billion in XRP – driven by wallets holding between 100 m and 1b – this month has experienced a striking contrast, without “major” accumulation in view.

Ride rollersRide rollers

Source: Santiment

These major missing movements create an uncertainty and question the merchants of the market management.

With Bitcoin in the spotlight, the next few days will be crucial to determine if investors double the undulation or will be on the sidelines.

The FOMO retail trade is not found, and without whale support, ripple risks with $ 2.40 – or worse, which breaks below.

Next: Ethereum: how the liquidation pool of $ 2.6,000 could decide the next ETH movement



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleWhy an ETF Litecoin could generate the price at $ 800
Next Article Ethereum resets the symmetrical triangle model, the analyst defines the next target

Related Posts

Altcoins

TonCoin: Can an increase of 42% in whale entries propel ton $ 3.28?

July 1, 2025
Altcoins

Solana Rival following herself for major outperformance after correction, according to the CEO of Real Vision, Raoul Pal

June 30, 2025
Altcoins

The eyes of a bracing token $ 50 new ATH while Perps Trading reaches 1.571 Billion of dollars in volume – is that the break?

June 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Philippine Blockchain Week 2025 Welcomes Global Web3 Trailblazers to Manila

June 9, 2025

Manila, Philippines – June 9, 2025 — As Philippine Blockchain Week (PBW) 2025 returns for…

Event

ETHMilan 2025 Returns With a Stellar Line-Up at One of Milan’s Most Iconic Venues

June 5, 2025

Milan, Italy – Mark your calendars! ETHMilan, Italy’s largest international Ethereum and Web3 conference, is…

1 2 3 … 49 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

TonCoin: Can an increase of 42% in whale entries propel ton $ 3.28?

July 1, 2025

Solana Rival following herself for major outperformance after correction, according to the CEO of Real Vision, Raoul Pal

June 30, 2025

The eyes of a bracing token $ 50 new ATH while Perps Trading reaches 1.571 Billion of dollars in volume – is that the break?

June 30, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 107,183.72
ethereum
Ethereum (ETH) $ 2,486.29
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.23
bnb
BNB (BNB) $ 656.80
solana
Solana (SOL) $ 153.47
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.279751
dogecoin
Dogecoin (DOGE) $ 0.164602
staked-ether
Lido Staked Ether (STETH) $ 2,485.66