XRP Whales Are Back – 880 Million Tokens Accumulated This Month

XRP's price has surged past $2.35, fueled by a broader crypto market rally and significant whale accumulation. Analysts see this as a potential breakout towards previous highs, with some predicting a substantial rally. Santiment data reveals over 880 million XRP tokens accumulated by whales in the last month, indicating strong investor confidence. This accumulation is considered a bullish signal, suggesting smart money is positioning for a major price increase. The $2.50-$2.80 range is a crucial resistance level, and a successful breakthrough could accelerate upward momentum. However, macroeconomic uncertainty remains a factor influencing investor sentiment. XRP's relative strength compared to other altcoins is noteworthy, making it a focus for traders. A decisive move above $2.35 is key for sustained upward expansion, while holding above $2.00 is crucial to avoid a price correction. The confluence of whale activity, price action, and technical indicators suggests a strong bullish case for XRP. The coming days will be critical in determining XRP's next price movement.