Posted 12/8/2023, 10:58:11 PM
XRP Price Jumps Over 3% as Whales Sell $40M in Tokens; More Room for Growth if Resistance Levels Hold
- XRP price rose over 3% in last 24 hours, breaking past resistance at $0.667
- Ripple whales sold over $40 million worth of XRP (60 million tokens) in 3 days
- Whales sold early as per MVRV ratio; more room for XRP price to grow
- If XRP fails to breach $0.693 resistance, price could fall back to $0.644 support
- XRP technicals show bullish signs; next target at $0.700 if $0.667 holds as support