Whales Accumulate 520 Million XRP Amid Market Volatility
XRP has surged over 33% from recent lows, demonstrating resilience amid market volatility. Key points include:
- Whales accumulated over 520 million XRP during the dip, indicating strong confidence in long-term potential.
- Analysts predict a bullish cycle, supported by technical and on-chain data.
- The price currently stands at $2.37, with critical support at $2.30.
- A breakout above $2.72 could signal further upward momentum toward resistance levels of $2.70 and $2.90.
- If support at $2.30 fails, a drop towards $2.00 may occur.
Investors are closely monitoring XRP's performance as it attempts to maintain its bullish structure.
