The post Is $1.81 next for XRP’s price after 229M whale transfers test bull flag? appeared on BitcoinEthereumNews.com. XRP investors woke up to major headlines The post Is $1.81 next for XRP’s price after 229M whale transfers test bull flag? appeared on BitcoinEthereumNews.com. XRP investors woke up to major headlines

Is $1.81 next for XRP’s price after 229M whale transfers test bull flag?

XRP investors woke up to major headlines on 11 February. However, the pressure had been building well before that.

Over two days, 229 million XRP moved between unknown wallets. On 10 February, Whale Alert tracked 125 million XRP worth about $177 million shifting from one unknown wallet to another.

Source: X

The next day, another 104.8 million XRP worth nearly $147 million followed. This transaction involved a sending wallet that was among the top 60 XRP holders – A sign of calculated repositioning by a major whale, rather than retail panic.

Source: X

Unless those funds were sent to exchanges, it cannot be confirmed as selling. However, there is still room for uncertainty here. Was this quiet cold storage rotation, or exchange inflow disguised as OTC activity? The destination would have changed the narrative.

Large orders rise as price falls – Accumulation or distribution?

According to CryptoQuant, big and small whale orders stayed visible even as price dropped by about 50% from its July peak.

The large orders did not fade. Instead, yhey clustered more heavily at lower levels, and average order size stayed high despite retail panic. 

Source: CryptoQuant

This finding alluded to whales absorbing supply with bigger buy orders. While not absolute proof, the behavior did strongly lean towards accumulation across the board. 

A bearish MACD cross on the bull flag – What’s next?

On 06 February, XRP’s price formed a bullish MACD crossover and rallied by 37%. Five days later, on 11 February, a bearish MACD crossover appeared as the price completed a bull flag formation on the charts. 

Source: TradingView

After the 37% surge, the price consolidated into the flag structure. For continuation, XRP needs a confirmed bounce at the $1.30–$1.32 range. A breakout from that level would give another 37% move towards the $1.81-area. At the same time, the RSI was in oversold territory.

Failure to hold firmly above $1.30–$1.32 would invalidate the bullish setup. That would reframe the prior 37% advance as a relief rally and open the path towards $1.10. Volume expansion may be required to confirm buyers’ conviction.


Final Thoughts

  • Whale transfers and clustered orders hinted at accumulation, but confirmation will depend on price defense.
  • The $1.30–$1.32 zone will determine whether XRP breaks out towards $1.81 or slide towards $1.10.
Next: Fed’s March rate cut could push the U.S. dollar down 10% – Is crypto at risk?

Source: https://ambcrypto.com/is-1-81-next-for-xrps-price-after-229m-whale-transfers-test-bull-flag/

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