Close Menu
    Trending
    • $26 XRP Price Target Remains Technically Valid, Says Expert
    • Analyst Reveals What Needs To Happen For Ethereum Price To Hit $14,000
    • Cypherpunks (Don’t Just) Write Code
    • Ripple’s Wedge Pattern Hints at a Major Move Ahead
    • Bitcoin Price Crash Below $100,000 Coming? Factors That Highlight Another Decline
    • Bitcoin Price Falls To $110,000 As Institutions Move Millions
    • 1,380,000 LINK Bought by Whales During the Dip: Bull Run Loading?
    • Are miners now net accumulators? Marathon adds 400 BTC after the crash
    Simon Crypto
    • Home
    • Crypto Market Trends
    • Bitcoin News
    • Crypto Mining
    • Cryptocurrency
    • Blockchain
    • More
      • Altcoins
      • Ethereum
    Simon Crypto
    Home»Cryptocurrency»Ripple’s XRP Must Hold This Critical Support Line to Stay in Bull Mode
    Cryptocurrency

    Ripple’s XRP Must Hold This Critical Support Line to Stay in Bull Mode

    Team_SimonCryptoBy Team_SimonCryptoAugust 17, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    TL;DR

    • A preferred cryptocurrency analyst with over 150,000 followers on X has outlined arguably an important assist degree for XRP’s present bull market construction.
    • The asset stays above it for now, whereas substantial whale accumulations trace at one other potential value pump.

    $2.81 is the important thing assist for $XRP, the place 1.70 million tokens had been amassed. pic.twitter.com/oYYMcEHeFP

    — Ali (@ali_charts) August 16, 2025

    The assist line in query is situated round $2.81. Martinez stated 1.70 million tokens had been bought at these ranges, that are valued at effectively over $5 billion at immediately’s costs.

    Such sizable accumulation zones usually function important assist or resistance strains, as buyers are likely to panic if their positions change from being within the water to an unrealized loss after a very long time and vice versa.

    XRP examined that assist originally of the month. On the time, your entire cryptocurrency market was in a free-fall state resulting from Donald Trump’s newest actions on the commerce battle entrance, in addition to the motion of a few US nuclear submarines.

    Nevertheless, the bulls managed to defend it, and Ripple’s native token bounced confidently above it and hasn’t appeared again since. Simply the other, it challenged the $3.30 resistance, which, for now, has been too robust to breach.

    However, whales appear bullish on XRP’s future value actions as they hold accumulating the token. After final week’s $1 billion value of XRP purchase, they purchased one other 120 million cash only a few days later.

    In the meantime, Martinez outlined $3.26 as a key resistance degree for the asset’s future trajectory. If damaged, it might bounce to a brand new all-time excessive of $3.90, he added.

    SPECIAL OFFER (Sponsored)
    Binance Free $600 (CryptoPotato Unique): Use this link to register a brand new account and obtain $600 unique welcome supply on Binance (full details).

    LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE place on any coin!



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Ripple’s Wedge Pattern Hints at a Major Move Ahead

    October 15, 2025

    1,380,000 LINK Bought by Whales During the Dip: Bull Run Loading?

    October 15, 2025

    This Key Barrier Could Trigger Another Massive Bitcoin Rally

    October 15, 2025

    Critical Warning Concerning Shiba Inu (SHIB) Users: Details

    October 15, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    Archives
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    Archives
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    Top Posts

    Why DOGE Is On The Verge Of 333% Rally Toward $0.7

    April 23, 2025

    ad

    About us

    Welcome to SimonCrypto.in, your ultimate destination for everything crypto! Whether you’re a seasoned investor, a blockchain enthusiast, or just beginning your journey into the fascinating world of cryptocurrencies, we’re here to guide you every step of the way.

    At SimonCrypto.in, we are passionate about demystifying the complex world of digital currencies and blockchain technology. Our mission is to provide insightful, accurate, and up-to-date information to empower our readers to make informed decisions in the ever-evolving crypto space.

    Top Insights

    Binance Co-Founder CZ Moves to Dismiss $1.8B FTX Lawsuit (Report)

    August 7, 2025

    The Ethereum Foundation’s Next Chapter

    April 30, 2025

    Thailand’s Crypto Ambitions Faces Hurdles as Phuket Payment Pilot Looms

    January 9, 2025
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto Market Trends
    • Crypto Mining
    • Cryptocurrency
    • Ethereum
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 SimonCrypto All Rights Reserved.

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