CryptoPotato

Classic Bullish XRP Pattern Emerges as Whales Continue Massive Accumulation

July 22, 202608:14 AM
Classic Bullish XRP Pattern Emerges as Whales Continue Massive Accumulation

A classic bullish pattern is emerging for XRP, signaling a potential trend reversal as market structures shift. While retail investors continue to sell, on-chain data confirms that large-scale holders, or whales, are aggressively accumulating XRP, absorbing the liquidity left behind by smaller players.

This significant accumulation phase highlights a growing divergence between retail sentiment and institutional-grade positioning. As large wallets consolidate their holdings, the decreasing available supply could act as a powerful catalyst for a price breakout, setting the stage for the next major XRP rally.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

Read Full Article at CryptoPotato
QR Code Lightning

Support Jornal Bitcoin

Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.

Wallet of Satoshi
jonata@walletofsatoshi.com

Daily Crypto Brief 📬

Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.

Join more than 10,000 smart readers.

Related News

XRP Price Battle: Token Holds Above $1.14 as Bulls Fight to Reverse Downtrend
Brave New Coin

XRP Price Battle: Token Holds Above $1.14 as Bulls Fight to Reverse Downtrend

XRP is showing significant strength by holding steady near the $1.14 mark, successfully breaking through the critical $1.13 resistance level. This technical breakout is a key indicator for traders closely following the XRP price prediction amid current market fluctuations.

However, the broader market context remains heavy, as bulls face an uphill battle to reverse the prevailing downtrend affecting the crypto sector. The ability of XRP to maintain this support level will be decisive in determining whether a full-scale recovery is within reach.
Whale Move? Binance Sees Massive BTC Outflow as US ETFs Absorb Supply
CoinTelegraph★ Featured

Whale Move? Binance Sees Massive BTC Outflow as US ETFs Absorb Supply

A major shift in liquidity is underway as Binance recorded its largest net Bitcoin outflow in nearly two years. On-chain data from CryptoQuant reveals that daily BTC withdrawals from the world's largest exchange are significantly outpacing inflows, marking a pivotal moment for market structure.

This massive outflow from Binance aligns with a growing trend of positive inflows into US spot Bitcoin ETFs, suggesting a migration from centralized exchanges to institutional custody. As buyers show 'better absorption' at the $65,000 level, the market is bracing for a potential surge in serious trading volume and price volatility.
Market Shock: Trump Proposes 50% Tariffs on Canadian Goods, Triggering Global Uncertainty
Crypto Briefing★ Featured

Market Shock: Trump Proposes 50% Tariffs on Canadian Goods, Triggering Global Uncertainty

The global economic landscape is facing a major disruption following Donald Trump's announcement of a 50% tariff on $20 billion worth of Canadian goods. Targeting essential sectors such as autos and dairy, this protectionist move is expected to create significant ripples across international trade routes and financial markets.

This escalation in trade tensions carries heavy implications for crypto investors and traditional asset holders alike. As market volatility increases due to these geopolitical shifts, investors are closely watching for potential flight-to-safety moves and the broader impact on liquidity and risk appetite in the digital asset space.
Bitcoin Holds $66K: ETF Inflows Support BTC Ahead of Google Earnings and Fed Meeting
Portal do Bitcoin★ Featured

Bitcoin Holds $66K: ETF Inflows Support BTC Ahead of Google Earnings and Fed Meeting

Bitcoin is showing significant strength, holding steady above the $66,000 level thanks to robust inflows into Bitcoin ETFs. This institutional support is providing a vital floor for the asset as traders navigate a period of high-stakes anticipation.

The market is currently bracing for two major triggers: Google's earnings report today and the upcoming Federal Reserve meeting next week. These macroeconomic events are expected to dictate market volatility and influence the broader trajectory of Bitcoin and the crypto ecosystem.
AAVE Price Prediction: $106 Target in Sight if $100 Level Breaks — But One Warning Sign is Flashing Red
Blockchain.news★ Featured

AAVE Price Prediction: $106 Target in Sight if $100 Level Breaks — But One Warning Sign is Flashing Red

AAVE is currently coiled tightly just beneath the critical $100 psychological resistance level, trading at approximately $95.36. Technical analysis suggests that if bulls can clear the $97.79 threshold with strong conviction, the AAVE price prediction points toward a rapid ascent to $105.96 within the next two weeks.

Despite this bullish potential, a significant warning sign has emerged as the MACD momentum has flattened completely. This lack of momentum serves as a crucial indicator for traders to watch, as the struggle to break the $100 barrier could lead to increased volatility or a failed breakout if buying pressure doesn't intensify.
TON Price Alert: Long Squeeze Setup Targets $1.48 as Bears Take Control
Blockchain.news★ Featured

TON Price Alert: Long Squeeze Setup Targets $1.48 as Bears Take Control

TON is currently trapped at the $1.60 level, struggling with flat momentum and a highly congested long-side futures book. Technical indicators suggest a high-probability long squeeze is forming, which could trigger a rapid descent toward the $1.48 support level as leveraged positions face liquidation.

With every major moving average acting as overhead resistance, the bears currently hold the upper hand in this weekly outlook. The lack of buying pressure combined with a crowded trade setup suggests that a downward correction is more likely than a breakout in the immediate term.
Jornal Bitcoin Logo