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.

Incoming XRP price crash alert

Summary ⚈ A large XRP transfer to Coinbase by an unidentified whale suggests a potential sell-off, raising concerns about downward price pressure. ⚈ XRP’s price has risen amid anticipation of ProShares launching three XRP futures ETFs on April 30, following SEC approval. ⚈ XRP is trading at $2.30, with key support at $2.20 and resistance at $2.50, indicating potential for significant price movement in either direction. XRP’s recent short-term gains may be short-lived, as on-chain data suggests whale activity could signal an impending sell-off. Specifically, on April 28, a massive transfer of 29,532,534 XRP, worth approximately $68.7 million, was moved from an unknown wallet to crypto exchange Coinbase , according to Whale Alert data . XRP whale transaction. Source: Whale Alert Large transfers of XRP to exchanges are often considered precursors to sell-offs, which can exert downward pressure on prices. Typically, such movements indicate that the holder may be preparing to sell. The mechanics are simple: If the XRP is sold on Coinbase, the sudden increase in supply could depress prices, especially in a thin market with limited buying interest. This could trigger a cascading effect, where stop-loss orders are activated, and panic selling accelerates the decline. Additionally, such moves often spark fear and uncertainty among retail investors. Mixed sentiment around XRP whale transaction Regarding this particular transfer, crypto insights platform Alva noted that it could precede a “quick dump,” potentially triggering a sharp price drop. However, in an X post on April 28, Alva also pointed out that sentiment among traders remains mixed. While some fear a sell-off, others are optimistic about the broader market backdrop, including growing speculation around a potential XRP ETF. Big size to Coinbase always gets traders talking—right now, the transfer has the community split. Some see a setup for a quick dump as XRP whales move to exchanges, while others are betting ETF hype and legal wins will keep the bid strong. Watch for volatility and fast reactions… — Alva (@AlvaApp) April 28, 2025 In this context, XRP is witnessing increased interest ahead of the ProShares launch of three XRP futures ETFs on April 30. One product seeks to profit from price declines, another aims to target 2x daily gains, and a third aims to achieve 2x inverse daily performance. At the same time, there is growing hype around the possible approval of a spot ETF by the Securities and Exchange Commission (SEC) in the United States, especially as other regions, such as Brazil, have unveiled the world’s first similar product. XRP price analysis By press time, XRP was trading at $2.32, rising over 6% for the day. Similar gains are also visible on the weekly chart, where the token is up almost 10% amid sustained capital inflows. XRP seven-day price chart. Source: Finbold Following the large whale transaction, XRP remains vulnerable. Immediate support lies at $2.20, and a breakdown below this level could accelerate losses toward the key psychological barrier of $2. Conversely, a decisive move above $2.50 suggests bullish sentiment overpowering selling pressure. Featured image from Shutterstock The post Incoming XRP price crash alert appeared first on Finbold . CoinOtag

---

Traders Anticipate Ethereum’s Recovery, But XRP Poised to Surge First: Key Reasons

Market watchers are closely eyeing Ethereum `s potential comeback. However, another contender might steal the spotlight first. XRP is showing signs of a strong rally ahead of Ethereum. Delve into why traders believe XRP is set to lead the charge and what key factors are driving this momentum. Discover which digital assets are primed for significant gains. Ethereum: Recent Pressure and Key Levels Signal Rebound Potential Ethereum declined 5.30% over the past month and fell 31.87% in the last six months. A brief 13.22% rise in the past week indicates a momentary recovery but does not alter the overall downward trend. Short-term movements have been mixed, revealing caution and opportunity in a volatile environment. Current trading sees prices moving between $1538.94 and $2325.86, with support at $1255.61 and resistance at $2829.45. While bulls show some strength in pushing prices higher, bears remain dominant below key resistance levels. Trading within these boundaries could yield gains if market demand strengthens and sentiment improves. XRP: Six-Month Surge Fuels Bullish Setup XRP performance over the last month shows a modest gain of about 3.37%, while a striking 331.73% surge over six months reveals strong upward momentum. Recent weekly movement exceeded 9.81%, pointing to increasing investor interest and revitalized market energy. The price history hints at a solid accumulation phase that set the stage for pronounced growth across timeframes. Current price action falls within a range of $1.66 to $2.77. The nearest support sits at $1.23 and resistance at $3.45, with a second resistance at $4.56. Bulls appear to steer the market with an RSI approaching 60, suggesting a moderately clear uptrend. Traders might look for entry opportunities near support while targeting the resistance zones for gains. Conclusion ETH is expected to bounce back soon. However, XRP might see a rise before that happens. Traders are keeping a close eye on these movements. XRP`s potential for a quick surge is high, possibly driven by specific, favorable conditions. Meanwhile, ETH retains strong fundamentals, suggesting a recovery in the near term. Both coins present viable opportunities, but XRP appears to be on the brink of a notable rise. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. CoinOtag