XRP is battling to reclaim its 50-day EMA at $2.198, with a breakout target up to $2.80. A $126M whale transaction could signal growing institutional interest and brewing volatility. Technical indicators like Bollinger Bands and MACD hint at an imminent strong move. XRP has started showing signs of momentum shift after a relatively stagnant trading session. Trading at $2.19, XRP posted a moderate 6% gain over the past week while claiming a daily high of $2.22 in the past 24 hours. According to CoinMarketCap data , XRP is now trying hard to break above its 50-day Exponential Moving Average (EMA), which sits right around $2.198. This is a key technical spot that could signal XRP’s next big price direction. Nearby, the 20-day EMA around $2.13 is acting as immediate support for the price. Why Did $126 Million in XRP Move Off Bitstamp? Adding to the interest, a huge amount of XRP was recently moved off the Bitstamp exchange. Reports, citing crypto tracking service Whale Alert via X reported that 57,304,617 XRP, valued at approximately $126.79 million, was transferred from Bitstamp to an unknown wallet. 57,304,617 #XRP (126,789,038 USD) transferre… The post XRP to Target $2.50 Resistance If It Breaks Key $2.20 Level This Sunday, April 27th appeared first on Coin Edition .
