Ripple XRP Deposits On Binance Hit 6 Month Highs As Investors Buy Up These 2 Altcoins

Ripple XRP Deposits On Binance Hit 6 Month Highs As Investors Buy Up These 2 Altcoins


The post Ripple XRP Deposits On Binance Hit 6 Month Highs As Investors Buy Up These 2 Altcoins appeared on BitcoinEthereumNews.com.

SPONSORED POST* Ripple investors were recently concerned to see that deposits have been growing on exchanges lately, while investors take refuge in Aptos and the up-and-coming GambleFi protocol Rollblock ($RBLK). Find out why experts are bullish on this potential 50x casino gem. Ripple ($XRP) Whales Begin to Offload as Exchange Balances Rise Ripple has gained 0.7% today to reach $2.41. This brings the Ripple monthly gain to an incredible 288% at the time of writing, as Ripple has rallied rapidly from around $0.6 at the start of this month. A large amount of Ripple supply has recently been deposited to the Binance cryptocurrency exchange, as Ripple whales have been offloading their bags likely with the intent to sell. The recent 400% rally has no doubt woken many large Ripple holders from their summer slumbers, as it looks as though the Ripple surge could well be over for now. Support for Ripple looks to be fairly strong at $2.05, although if this doesn’t hold, then a retest of $1.47 would be likely. Aptos ($APT) Gains 5% Despite Token Unlock Fears Aptos has risen by 5.3% in the last 24 hours to reach $13.58 on a decent trading volume of $636 million. This gain brings the Aptos market cap up to $7.27 billion and secures Aptos its place at number 25 in the CoinMarketCap crypto rankings. There are concerns in the Aptos community that a coming token unlock could tank the Aptos price significantly. Aptos will release 2.1% of its total supply this week, currently valued at around $134 million. This could cause increased volatility around the Aptos trading price and will rely on significant buying pressure entering the market to counteract this Aptos selling pressure. However, it looks as though Aptos could reach $15 in the near term as long as…



Source link

Leave a Comment

Your email address will not be published. Required fields are marked *