XRP News: Surge to Seven-Year High Sparks Investor Interest
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XRP has reached a significant milestone, hitting a seven-year high of $3.39, a level not seen since January 2018. This surge was driven by a strong triangle breakout and supported by positive metrics such as increased transactions and heightened whale activity. Within just eight hours, there were 2,365 whale transactions exceeding $100K, marking the highest spike in recent times. This development has reignited investor interest and set the stage for potential future gains.
Ripple: THIS pushed XRP past its 7-year high, what’s next?
XRP hit a seven-year-high, fulfilling a bullish prediction with a strong triangle breakout. Positive metrics, including increased transactions and whale activity, support XRP’s bullish momentum. Ripple [XRP] has climbed to a seven-year-high, hitting $3.39 for the first time since January 2018, igniting renewed interest among investors. Within just eight hours, XRP saw 2,365 whale transactions exceeding $100K, marking the highest spike in activity since late December. Additionally, over 511,430 new non-empty wallets were added in the past two months, reflecting strong accumulation. At press time, XRP was trading at $3.27, up by 5.83% in the last 24 hours, solidifying its upward momentum. XRP smashes $3.00 target. Earlier, AMBCrypto had highlighted a descending channel breakout as a key bullish indicator for XRP.
Looking For ‘Unimaginable Financial Freedom’? Expert Reveals How Many XRP You Need To Achieve This
XRP has become the focal point of the crypto market after experiencing a massive price surge and surpassing the $3 mark. For many investors seeking wealth, the previously stagnant cryptocurrency presented an opportunity to buy low in the hopes of a price increase. Fortunately, XRP has stayed true to bullish predictions and is finally rallying back to its 2018 all-time high. As a result, experts now speculate on the “unimaginable financial freedom” that could be achieved from holding even a modest amount of XRP. According to XRP supporter and crypto analyst, Edo Farina, amassing just 10,000 XRP tokens could place an investor in a rather enviable position. The analyst suggested that investing in XRP could be investors’ chance to achieve significant financial gains.
7 Top Cryptocurrencies to Buy Today (17 Jan), Featuring Hot Crypto Presale – Must Watch Coins
The cryptocurrency market is abuzz with opportunity, offering innovative projects that cater to both seasoned investors and newcomers. As of January 17, 2025, several promising cryptos have emerged, standing out for their potential to solve real-world problems and redefine blockchain’s role in everyday life. These projects are not just about hype—they’re about innovation, utility, and growth. Among the top cryptocurrencies to buy today (17 Jan) is one standout project that has already sold over 421 million tokens and raised $9.7 million in its presale. Alongside it are several other key players: Immutable X, Terra Classic, SEI, SUI, Celestia, Injective, and XRP. Each brings unique value to the table. Let’s dive deeper into what makes them the top picks of the day.
With XRP’s price rally now at risk, is it time for traders to get out?
XRP’s impressive rally has cleared short liquidations but raises risks of a long squeeze. Elevated risk metrics and thin liquidity below $2.50 hint at heightened volatility ahead. While XRP investors have enjoyed significant gains recently, looming risk metrics suggest potential turbulence. Over 90% of bearish liquidation levels are exhausted, and normalized risk has hit extreme levels, indicating it might be a good time to lock in profits before the momentum shifts. Liquidation heatmaps reveal dense clusters in the $3.00-$3.50 range, exposing market vulnerabilities.