XRP slipped nearly 10% over the past week while shaking off recovery tries. The token now lingers near $1.11 after a 2% drop on Tuesday. 🦇
XRP’s Path to Growth 🖤
EGRAG CRYPTO noted that XRP’s central line has long marked the shift from quiet hoarding to sharp rallies. Earlier cycles showed hefty climbs once price crossed it, leading to two fresh upside goals this round.
The line currently floats above spot price and may drift toward the $2.20-$2.60 zone ahead. Targets stem from past percentage jumps past this marker, not today’s levels. One prior run delivered roughly 330% gains above it, while another hit 200%. Their average points to 265% expansion, landing near the $8 area. A milder path sees only 60% of prior fire, equating to 120% above the line and a $5.70 goal.
Upbit Steps Up 🔮
Separate figures from CryptoQuant show whale transfers to Binance easing, hinting at softer near-term sell pressure. XRP still sits below the McGinley Dynamic, so reclaiming that line stays key for any real bounce while $1.08 holds as vital support. Check the data. Activity has swung toward Upbit, with its net wallet-flow share climbing from 13% on June 8 to 37% by June 22, the highest in over a year. See the flows. Binance dropped to zero share and Crypto.com followed, leaving deposits clustered on the Korean platform.
Just another echo from the void by iconofsin.eth 💖
