The post XRP Whales Bet Big On Viral ICO Before Launch, Over $3.3M Inflows in 3 Days appeared on BitcoinEthereumNews.com.

Ripple whales are making a bold move, pouring over $3.3 million into a viral ICO, DTX Exchange (DTX), in just three days. As XRP price surges, fueled by speculation and Ripple CEO’s multi-crypto reserve proposal, investors are eyeing the next big opportunity.  Meet DTX Exchange, which is an innovative trading platform set to revolutionize finance by bridging centralized and decentralized markets. With 120,000+ assets, 1000x leverage, and a rapidly growing presale, could DTX be the next major breakout? Let’s find out! Will XRP’s Uptrend Hold? Key Levels to Watch Due to speculators’ long positions in the cryptocurrency, the price of XRP surged more than 12% in the last day, reaching $3.12. However, this was followed by a price correction to its current trading price of $3.02. The temporary spike in the XRP price followed Brad Garlinhouse, the CEO of Ripple Labs, arguing in favor of a multi-crypto strategic reserve in the US rather than a Bitcoin-only strategic reserve.  On the 4-hour chart for XRP, an ascending triangle formation has developed. A breakthrough to the higher may be anticipated by this particular pattern, which is regarded as a bullish formation. The XRP price resistance level at $3.1777 serves as the pattern’s base. Within the following 12 hours, a 4-hour candle closure above this level may send XRP soaring to $3.3876. However, the XRP price being rejected by the $3.1777 resistance level might invalidate the pattern and cause a drop to the immediate support level of $2.9006. In a more bearish situation, Ripple’s value can potentially plummet below the next support level, which is about $2.6991.  Amidst this drop, Ripple whales are turning their heads toward more profitable ventures like DTX Exchange (DTX). It not only delivers massive returns but is also backed with solid technology and innovative offerings. Ripple whales have…

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Filed under: News - @ February 1, 2025 9:15 am