Whales Bought the XRP Dip While DOGE Hits Key Accumulation Zone: Details
Main Idea
XRP experienced volatility, dropping below $3 after a surge past $3.6, while Dogecoin's potential rebound hinges on reclaiming the $0.25 resistance level.
Key Points
1. XRP broke above its 2018 peak of $3.4 and surged beyond $3.6 but later retraced, slipping below $3 amid market concerns.
2. A reported sell-off of $140 million worth of XRP from one of Ripple’s co-founders contributed to the price drop.
3. XRP managed to stay above the crucial $3 resistance level and recovered slightly to $3.17.
4. Analyst Ali Martinez noted that Dogecoin needs to reclaim the $0.25 resistance to clear a path toward $0.36.
5. Market sentiment for XRP and BTC became less greedy, which could be a bullish signal.
Description
TL;DR Ripple’s native token was among the poorest performers during the Thursday and Friday market crash, dropping below $3 after the recent all-time high. This has allowed large investors to buy the dip, while Dogecoin’s surge today has pushed it back to a key accumulation zone. Whales bought the dip, scooping up over 130 million $XRP in the past 24 hours! pic.twitter.com/JQJVc757UZ — Ali (@ali_charts) July 25, 2025 Recall that the third-largest cryptocurrency posted a new all-time high at the ...
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