Recently the bot Twitter, XRPL Monitor, showed that Ripple, along with some of the crypto exchanges more important, moved 137.9 million in XRP.
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Ripple moves large amounts of XRP
According to @XRPL_Monitor, through eight transactions were moved 137.9 million of XRP. Very important information is that, of these eight transactions, with the amount higher, to 55 million in the criptomoneda, was transferred by Ripple.
Transaction Type: Payment
Amount: 55,000,000 XRP
Fee: 100 drops (0.0001 XRP)
Sender: Ripple
Sender Balance: 14,107,615.129711
Receiver: Ripple
Receiver Balance: 57,711,322.303798
Link: https://t.co/yKRd3VSSHl— XRPL Monitor (@XRPL_Monitor) April 23, 2020
Also, the Twitter account reported that, during the last 24 hours, hodlers anonymous have been transferred to 71,6 million of XRP between different crypto wallets.
What are the predictions for the price of Ripple?
The Black Thursday has affected the whole crypto market and, without a doubt, that includes Ripple, as its price fell below $ 0.12 for a few hours. However, after those dark days, the crypto market, and in particular, XRP, has had good weeks. According to the tool Crypto Online CriptoTendencia, the price of the criptomoneda is located 0,19 dollars at the time of writing. However, experts point out that the main resistance level for the criptomoneda Ripple is at $0,2025 – $0,2125. So, if the criptomoneda exceeds that level of resistance, experts consider that it would probably see the price of XRP at $0,2474 and possibly $0,2775. In addition, the investor “David_Smith” has shared its forecast of prices on TradingView. He notes a pattern bullish for XRP and, therefore, expected that the criptomoneda take three goals one after the other: $0,20025, $0,20350 and $0,20725. Meanwhile, Ripple and its CEO Brad Garlinghouse have filed a lawsuit against YouTube, alleging the alleged inaction of the platform about the scams involving Garlinghouse and other leaders. “Ripple and Mr. Garlinghouse have suffered, and continue to suffer, irreparable damage to his public image, brand and reputation as a direct result of the failure deliberate and inexplicable YouTube in attending a fraud pervasive and damaging that occurs on their platform,” reads the complaint. However, despite all this, it seems that analysts are still optimistic for XRP.
XRP has a bright future
Robert Art, enthusiast and investor in XRP, you continue to place your trust in the criptomoneda. In fact, its main prediction states that by 2028 the price of the criptomoneda will increase significantly. However, the data offered by “Liquidity Index Bot” seem to indicate that flows of liquidity of XRP are not yet significant enough to break the maximum current.