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XRP may surge above $1 levels if successfully clears the resistance levels at $0.68
One of the XRP whales revealed his XRP holdings which are in millions
Can XRP make above $1 in the next 48 hours?
At present, XRP price is trending at $0.62565 with a gain of 3.29 percent in the last 24 hours. However, the recent plunge in the price has really not affected to a larger extent as the price strongly stood above $0.52 levels.
Currently, it is prominent for the XRP price to surge above $0.68 levels by breaking the triangle upwards. The current resistance levels to be broken are at $0.6478 to proceed to the strong levels at $0.68.
Despite the recent dip, the entire XRP community remained bullish and hence the price sustained above $0.5. The technical indicators point out towards ‘strong buy’.
XRP Whale has more than a Million XRP
As XRP is going to the moon, many people predict the price may hit $1 by the end of 2020. The spotlight would be on XRP if it closes above $0.64 as it will be the highest ever monthly close ever in recent times.
With the XRP price expected to exceed $1 soon, some of the whales are revealing their XRP holdings in the public. Recently, the CTO of Ripple, David Schwartz disclosed that he has more than 1 million but less than 10 million XRP during a discussion on Twitter.
His holdings represent nearly 0.001% or 0.01% of the total XRP supply if it is true which is a big exposure of XRP holdings with a Ripple executive.
Collectively, the XRP price is expected to continue its bullish trend until it hit the target above $1. In the meantime, some slight dumps may be expected but the bull run would continue further.