The post This could be the end of the bull run or time to buy XRP & DTX at low prices appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple’s XRP and DTX tokens are poised to soar, with whales investing big and DTX presale exceeding $10.10M despite market dips. Experts reveal that the bullish price actions of Ripple and DTX Exchange are not over yet, suggesting investors shift to the XRP and DTX tokens, as these coins are set to soar further. With Ripple’s stablecoin approval and DTX’s presale craze, both these platforms are set to touch new highs in no time! Ripple (XRP) is witnessing a pump in the XRP momentum as whales show confidence in the altcoin, investing hugely in the XRP token despite the market crash. Similarly, DTX’s presale mania knows no bounds as investors push the presale raise above $10.10 million. Ripple rebounds: XRP whales invest $500m amid market crash Aside from Ripple’s stablecoin approval, XRP’s rapid rebound also appears to have been supported by an unusual buying frenzy observed among whale investors. While the global crypto markets entered a tailspin on Monday in reaction to geopolitical risks, on-chain data trends show that whale investors capitalized on the falling prices to buy the dip, fueling market liquidity and nullifying bearish sentiment. The Santiment chart monitors real-time changes in balances of whale wallets holding at least 1 million XRP coins. The chart reveals that Ripple’s price has been on a buying spree since mid-November, when controversial SEC Chairman Gary Gensler confirmed his imminent exit.  After a mild sell-off when the XRP price topped out at $2.91 on December 4, crypto whales have capitalized on the ensuing market volatility to buy large amounts of XRP coins. Since Dec 4, the whale cluster increased their balances from 4.58 billion XRP to 4.79 billion XRP at press…

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Filed under: News - @ December 13, 2024 11:19 pm