Follow us on:

cc_icon

Ripple XRP: Chart Analysis, Onchain Data, and Market News

EVERYTHING YOU NEED TO KNOW: RIPPLE XRP!
EVERYTHING YOU NEED TO KNOW: RIPPLE XRP!

In a comprehensive video analysis, cryptocurrency expert JB from Cheeky Crypto delves into the intricacies of Ripple XRP, providing insights on chart analysis, onchain data, and market news.

Chart Analysis: Navigating Price Movements Across Multiple Timeframes

JB dissects XRP’s price action across 1-hour, 1-day, and 1-week timeframes, addressing a recent price spike and missing data on some charts. He anticipates a downward move, identifying potential resistance and support levels.

Onchain Data: Decoding the Hidden Signals

Leveraging data from membership.cheeky, JB examines XRP’s onchain metrics, including addresses, transactions, and fees. He highlights concerns surrounding liquidation patterns on the Huobi exchange.

Market News: Ripple XRP Transfers and Speculation

JB discusses significant Ripple XRP transfers between wallets, speculating on their purpose and analyzing their impact on XRP’s price.

Additional Insights and Community Engagement

JB addresses fake news surrounding a Bitcoin spot ETF, dampened sentiment due to XRP movements, and expectations of a continued bear market with a possible new low for XRP. He promotes the Bitget exchange and trading competition, applauds successful Discord traders, and encourages safe trading practices.

Leave a comment

Your email address will not be published. Required fields are marked *