XRP Price Pumps and Dumps Amid Mysterious $51 Million Whale Transfers – What's Next?

XRP is likely to decline further in the coming weeks despite its eye-catching intraday price movements.

XRP/USD hourly price chart. Source: TradingView

XRP's gains also came as part of a larger upward move that began on August 25, a day after Ripple announced its event. flagship, "Ripple Swell Global", would be held in London in November 2022. The market has seen similar reactions to the Swell event in the past.

Bearish reversal pattern in play

XRP's intraday spike left behind a "Graveyard Doji", a...

XRP Price Pumps and Dumps Amid Mysterious $51 Million Whale Transfers – What's Next?

XRP is likely to decline further in the coming weeks despite its eye-catching intraday price movements.

XRP/USD hourly price chart. Source: TradingView

XRP's gains also came as part of a larger upward move that began on August 25, a day after Ripple announced its event. flagship, "Ripple Swell Global", would be held in London in November 2022. The market has seen similar reactions to the Swell event in the past.

Bearish reversal pattern in play

XRP's intraday spike left behind a "Graveyard Doji", a...

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