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Significant XRP Transfer Raises Speculation Among Investors as Major Wallet Movement Draws Attention
320 days ago

Significant XRP Transfer Raises Speculation Among Investors as Major Wallet Movement Draws Attention

A significant transfer of 30 million XRP from South Korea’s Upbit exchange has sparked interest, showcasing the active dynamics of the crypto market. This hefty transaction, valued at approximately $95.52

CoinOtag

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Source: CoinOtag
Tags : Analysis News XRP

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Top Analyst: Many Will FOMO Once XRP Reaches This Price

Dark Defender, a well-known crypto analyst, stated that many investors who are leaving XRP now will soon become interested again. However, he believes they will come in too late. He expects their FOMO to set in once the asset reaches much higher levels. Weak Sentiment as XRP Struggles to Hold Support XRP has been dealing with a difficult period, moving lower along with the rest of the crypto market. Since October, the token has fallen by close to 30% and is trading near $2.06. Sellers have continued to push the price down , and the $2 level has become an important support that buyers are trying to keep in place. This decline has led to a more negative mood among many holders . Near the end of last month, a community researcher shared data showing that whales sold about $400 million worth of XRP in only two days. Most of these sales came from wallets that hold between 1 and 10 million XRP, suggesting that large holders were reducing their positions as the asset’s price struggled. Many will FOMO when #XRP hits $5.85 & then $10 shortly after. They will be the next group to deal with, like the ones FOMO’d at $3.66. Ohhh one one one. — Dark Defender (@DefendDark) December 3, 2025 The Price That Could Draw People Back Despite the current pressure on the market, Dark Defender has continued to hold a positive long-term view. He believes that many people who are leaving now will return, but only after the token rises to higher levels. He says this behavior change will likely begin once XRP reaches $5.85. He has previously predicted that XRP will reach $5.85 , and this level represents a climb of almost 184%. He has pointed to long-term chart signals that support the idea of a strong move once momentum shifts. He has also explained that XRP has held a long-term pattern that remains in place and could push the price toward this first major target. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What’s Next for XRP? Dark Defender has also said that XRP can reach $10 after it moves past $5.85. This would be a larger jump of about 385% from today’s price. He believes that if XRP reaches these higher levels, many investors who exited earlier will rush back, even though they would have missed the largest gains. He pointed out that this has occurred before. When XRP rose from around $0.5 to its all-time high of $3.66 in July , many people bought in only after a large part of the rally was already complete. Raoul Pal, who once advised investors to look for alternatives, later admitted he was wrong after XRP’s rally in late 2024. Although XRP is showing weakness in the short term, Dark Defender remains bullish. He believes interest will return once the token begins to rise. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Top Analyst: Many Will FOMO Once XRP Reaches This Price appeared first on Times Tabloid .

Dark Defender, a well-known crypto analyst, stated that many investors who are leaving XRP now will soon become interested again. However, he believes they will come in too late. He expects their FOMO to set in once the asset reaches much higher levels. Weak Sentiment as XRP Struggles to Hold Support XRP has been dealing with a difficult period, moving lower along with the rest of the crypto market. Since October, the token has fallen by close to 30% and is trading near $2.06. Sellers have continued to push the price down , and the $2 level has become an important support that buyers are trying to keep in place. This decline has led to a more negative mood among many holders . Near the end of last month, a community researcher shared data showing that whales sold about $400 million worth of XRP in only two days. Most of these sales came from wallets that hold between 1 and 10 million XRP, suggesting that large holders were reducing their positions as the asset’s price struggled. Many will FOMO when #XRP hits $5.85 & then $10 shortly after. They will be the next group to deal with, like the ones FOMO’d at $3.66. Ohhh one one one. — Dark Defender (@DefendDark) December 3, 2025 The Price That Could Draw People Back Despite the current pressure on the market, Dark Defender has continued to hold a positive long-term view. He believes that many people who are leaving now will return, but only after the token rises to higher levels. He says this behavior change will likely begin once XRP reaches $5.85. He has previously predicted that XRP will reach $5.85 , and this level represents a climb of almost 184%. He has pointed to long-term chart signals that support the idea of a strong move once momentum shifts. He has also explained that XRP has held a long-term pattern that remains in place and could push the price toward this first major target. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What’s Next for XRP? Dark Defender has also said that XRP can reach $10 after it moves past $5.85. This would be a larger jump of about 385% from today’s price. He believes that if XRP reaches these higher levels, many investors who exited earlier will rush back, even though they would have missed the largest gains. He pointed out that this has occurred before. When XRP rose from around $0.5 to its all-time high of $3.66 in July , many people bought in only after a large part of the rally was already complete. Raoul Pal, who once advised investors to look for alternatives, later admitted he was wrong after XRP’s rally in late 2024. Although XRP is showing weakness in the short term, Dark Defender remains bullish. He believes interest will return once the token begins to rise. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Top Analyst: Many Will FOMO Once XRP Reaches This Price appeared first on Times Tabloid . CoinOtag


An analyst has pointed out where a key resistance could be located for Dogecoin, based on on-chain supply distribution data. Dogecoin Has A Large Supply Cluster Present At $0.20 In a new post on X, analyst Ali Martinez has talked about where resistance lies for Dogecoin based on Glassnode’s Cost Basis Distribution (CBD). The CBD is an indicator that tells us about the amount of DOGE supply that was last acquired at the various price levels that the memecoin has visited in its history. Related Reading: Bitcoin Market Structure Echoes 2022 Bear Start, Glassnode Warns Below is the chart shared by Martinez that shows the recent CBD heatmap for Dogecoin. As is visible in the graph, the Dogecoin CBD has flagged the zone around $0.20 as one where investors did some heavy buying. More specifically, over 11.7 billion tokens have their cost basis at this level. Considering that DOGE is trading notably under the mark right now, all this supply would naturally be in the red. The asset rising to this level could cause a strong reaction from the investors, as these tokens will get back to their break-even. Generally, holders in loss can be desperate for the price to reach back to their cost basis. Once the asset does rise to their acquisition level, some of these investors choose to sell, fearing that the rebound is only temporary. This can make large cost basis levels above the asset’s price potential zones of resistance. Between the current price and $0.20, there aren’t any other regions in the CBD that are as dense with supply. Based on this, Martinez has noted, “$0.20 is the key resistance for Dogecoin.” It now remains to be seen whether DOGE will retest this level anytime soon. In some other news, the memecoin has seen a spike in network activity recently, as the analyst has pointed out in another X post. In the chart, the indicator shown is the Number of Active Addresses, which measures, as its name suggests, the daily number of addresses that are participating in some kind of transaction activity on the Dogecoin network. It would appear that this indicator has registered a surge recently, with a peak 71,589 addresses making transfers on the blockchain. This is the largest spike that the metric has observed since September. Related Reading: Ethereum Back At $3,200 As Sharks Show Strong Accumulation The trend suggests that attention has returned back to the Dogecoin network after a slump, but only time will tell whether this activity pertains to accumulation or distribution. DOGE Price At the time of writing, Dogecoin is trading around $0.138, down over 7% in the last week. Featured image from Dall-E, Glassnode.com, chart from TradingView.com

This 11.7 Billion Dogecoin Wall Could Be Key Resistance For DOGE, Analyst Says

An analyst has pointed out where a key resistance could be located for Dogecoin, based on on-chain supply distribution data. Dogecoin Has A Large Supply Cluster Present At $0.20 In a new post on X, analyst Ali Martinez has talked about where resistance lies for Dogecoin based on Glassnode’s Cost Basis Distribution (CBD). The CBD is an indicator that tells us about the amount of DOGE supply that was last acquired at the various price levels that the memecoin has visited in its history. Related Reading: Bitcoin Market Structure Echoes 2022 Bear Start, Glassnode Warns Below is the chart shared by Martinez that shows the recent CBD heatmap for Dogecoin. As is visible in the graph, the Dogecoin CBD has flagged the zone around $0.20 as one where investors did some heavy buying. More specifically, over 11.7 billion tokens have their cost basis at this level. Considering that DOGE is trading notably under the mark right now, all this supply would naturally be in the red. The asset rising to this level could cause a strong reaction from the investors, as these tokens will get back to their break-even. Generally, holders in loss can be desperate for the price to reach back to their cost basis. Once the asset does rise to their acquisition level, some of these investors choose to sell, fearing that the rebound is only temporary. This can make large cost basis levels above the asset’s price potential zones of resistance. Between the current price and $0.20, there aren’t any other regions in the CBD that are as dense with supply. Based on this, Martinez has noted, “$0.20 is the key resistance for Dogecoin.” It now remains to be seen whether DOGE will retest this level anytime soon. In some other news, the memecoin has seen a spike in network activity recently, as the analyst has pointed out in another X post. In the chart, the indicator shown is the Number of Active Addresses, which measures, as its name suggests, the daily number of addresses that are participating in some kind of transaction activity on the Dogecoin network. It would appear that this indicator has registered a surge recently, with a peak 71,589 addresses making transfers on the blockchain. This is the largest spike that the metric has observed since September. Related Reading: Ethereum Back At $3,200 As Sharks Show Strong Accumulation The trend suggests that attention has returned back to the Dogecoin network after a slump, but only time will tell whether this activity pertains to accumulation or distribution. DOGE Price At the time of writing, Dogecoin is trading around $0.138, down over 7% in the last week. Featured image from Dall-E, Glassnode.com, chart from TradingView.com CoinOtag

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