
{"id":79621,"date":"2025-07-10T06:57:00","date_gmt":"2025-07-10T06:57:00","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=79621"},"modified":"2025-07-10T06:57:00","modified_gmt":"2025-07-10T06:57:00","slug":"whale-drops-60m-xrp-on-coinbase-whats-next-for-ripples-price","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=79621","title":{"rendered":"Whale Drops $60M XRP on Coinbase\u2014What\u2019s Next for Ripple\u2019s Price?"},"content":{"rendered":"<p>TL;DR<\/p>\n<p><span>Whale sends 25.49M XRP to Coinbase, sparking speculation of a potential market move.<\/span><br \/>\n<span>XRP forms a bullish inverse head-and-shoulders pattern; traders target a breakout toward $2.60.<\/span><br \/>\n<span>The holder count rises to 6.61M as wallet data indicates increasing long-term investor confidence.<\/span><\/p>\n<h2>XRP Price Climbs as It Nears Resistance<\/h2>\n<p><span>Ripple\u2019s XRP was trading around $2.40 after gaining 4.4% in the last 24 hours. The price has moved up from $2.26, lifting its 7-day performance to 10.2%. XRP now holds a market cap of $141.3 billion. Daily volume has dropped 22.2% to $3.3 billion, even as the price trend stays positive.<\/span><\/p>\n<p><span>Despite falling volume, <\/span><a href=\"https:\/\/cryptopotato.com\/we-asked-4-ais-if-xrp-will-hit-10-before-eth-taps-10k-you-wont-believe-the-split\/\"><span>XRP<\/span><\/a><span> continues to push higher. The current trading range shows buyers maintaining control, with prices moving between $2.28 and $2.40 throughout the day.<\/span><\/p>\n<h2>$60 Million Whale Transfer Raises Eyebrows<\/h2>\n<p><span>A recent transaction spotted by Whale Alert <\/span><a href=\"https:\/\/x.com\/whale_alert\/status\/1942947625361137868\" target=\"_blank\" rel=\"noopener\"><span>shows<\/span><\/a><span> 25.49 million XRP, valued at over $60 million, sent from an unknown wallet to Coinbase. Moves like this often spark speculation, as large deposits to trading platforms may point to planned sales.<\/span><\/p>\n<p><span>Meanwhile, XRP\u2019s total number of holders has reached 6.61 million, reflecting steady growth this year. Data from Santiment suggests more users are creating and keeping wallets, pointing to stronger long-term interest.\u00a0<\/span><\/p>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-10-094710.png\"><\/a>Source: Santiment<\/p>\n<p><span>In addition, <em>CryptoPotato<\/em> recently <\/span><a href=\"https:\/\/cryptopotato.com\/xrp-prices-hit-7-week-peak-as-this-crucial-metric-suggests-further-gains\/\"><span>reported<\/span><\/a><span> that wallets holding at least 1 million XRP have reached a new high of 2,743.<\/span><\/p>\n<h2>Analyst Sees Breakout Toward $2.60<\/h2>\n<p><span>Crypto analyst Ali Martinez <\/span><a href=\"https:\/\/x.com\/ali_charts\/status\/1942960181475958884\" target=\"_blank\" rel=\"noopener\"><span>shared<\/span><\/a><span> a bullish view, noting that XRP is breaking out from an inverse head-and-shoulders pattern on the 4-hour chart. The neckline sits near $2.31\u2013$2.33, and the breakout level has already been crossed.<\/span><\/p>\n<p><a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$XRP<\/a> is breaking out, targeting $2.60! <a href=\"https:\/\/t.co\/vJpqradRNI\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/vJpqradRNI<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1942960181475958884?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">July 9, 2025<\/a><\/p>\n\n<p><span>Fibonacci extensions show price levels around $2.4560, $2.5259, and $2.6299 as potential targets. For this move to stay valid, traders are watching for the price to hold above the breakout point and for volume to stay strong.<\/span><\/p>\n<p><span>However, CryptoWZRD <\/span><a href=\"https:\/\/x.com\/cryptoWZRD_\/status\/1943126712214061385\" target=\"_blank\" rel=\"noopener\"><span>noted<\/span><\/a><span> that XRP\u2019s price saw heavy swings during the previous session. While a short-term pullback is possible, the broader setup still leans upward.<\/span><\/p>\n<p><span>\u201c$2.5160 is the next resistance level,\u201d the analyst wrote.\u00a0<\/span><\/p>\n<p><span>If that breaks, more trading setups could emerge, especially on lower time frames.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/whale-drops-60m-xrp-on-coinbase-whats-next-for-ripples-price\/\">Whale Drops $60M XRP on Coinbase\u2014What\u2019s Next for Ripple\u2019s Price?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>TL;DR Whale sends 25.49M XRP to Coinbase, sparking speculation of a potential market move. XRP forms a bullish inverse head-and-shoulders pattern; traders target a breakout toward $2.60. The holder count rises to 6.61M as wallet data indicates increasing long-term investor confidence. XRP Price Climbs as It Nears Resistance Ripple\u2019s XRP was trading around $2.40 after [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":79622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79621"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=79621"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/79622"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=79621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=79621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=79621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}