Crypto Analyst Says ‘$XRP Whales Have Gone Into a Buying Spree’, $XRP Hits $1.60

On Friday (April 30), the XRP price hit $1.60 for the first time since April 17.

Data by TradingView indicates that at 06:47 UTC, on crypto exchange Bitstamp, the XRP price reached $1.60.

One-Day XRP-USD Chart (Bitstamp) by TradingView

Currently (as of 08:20 UTC on April 30), XRP is trading around $1.5601, which means that XRP is up 12.78% in the past 24-hour period. So far in 2021, XRP has gone up 610.42% vs USD.

On-chain analyst Ali Martinez said on Wednesday (April 28) that data from Santiment tells him that XRP whales “have gone into a buying spree.”

$XRP whales have gone into a buying spree. @santimentfeed reveals that 19 new addresses with more than 1,000,000 #XRP have joined the network since April 23.

Further upward pressure could push this cryptocurrency to new yearly highs. pic.twitter.com/VOM7Ep2Pc4

— Ali Martinez (@satoshilatino) April 28, 2021

Featured Image by “FlitsArt” via Pixabay.com

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

   

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