Whales Accumulate Over 150 Million XRP In Just 48 Hours – Is A Rally Incoming?
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XRP finally found stability above critical demand levels as sales pressure and market uncertainty continued for weeks. Despite the wider volatility in the cryptocurrency market, XRP is still in the long term, trading below $1.90 to $3.40.
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Analysts speculate on a potential breakthrough above the key supply zone after a growth of more than 30% since last Tuesday. If XRP continues to build momentum, it may soon challenge the key resistance level, laying the foundation for greater upward space.
In addition to the bullish outlook, Santiment’s chain data shows that whales have accumulated more than 150 million XRP in the past 48 hours. Historically, large-scale whale accumulations have often been preceded by major price rally, as it demonstrates confidence among institutional investors and high net worth holders.
With XRP holdings higher than critical support and whale activity, investors are now focusing on decisive moves above the supply zone to confirm Long-term bullish reversal. The next few trading courses are crucial to determine whether XRP can maintain its strength or whether further mergers are needed before another major action.
XRP is better than whales to accumulate signals may break through
Compared to other major crypto assets, XRP has performed well since the end of 2024, showing strong resilience despite correcting the market. While many Altcoins are working to regain key levels, XRP holds its range and lays the foundation for potential recovery. Once the market moves to an uptrend, analysts believe XRP may be one of the first assets to break into price discoveries, which could lead to large-scale gatherings.
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Even if broader macroeconomic conditions create uncertainty, price action remains relatively stable. The speculation is not only about the growth in the cryptocurrency market recovery rate, but also about the potential rebound in the U.S. stock market, which has faced its own volatility in recent months. If global financial markets recover strength, it can further support XRP’s bullish outlook.
Top analyst Ali Martinez On-chain data from Santimentreveals that whales have accumulated more than 150 million XRP in the past 48 hours. This massive accumulation is part of a broader trend, with whales and institutional players constantly buying XRP during market weaknesses. Historically, this cumulative phase has been ahead of strong price recovery rates as long-term investors position future returns.
Currently, the XRP Bulls must maintain their current levels and return to the critical resistance zone to confirm the start of a new rally. If XRP breaks through key supply levels, it could mark the beginning of major price gains, potentially pushing it to new all-time highs. The next few trading sessions are crucial to determine whether XRP can maintain its momentum or whether further integration is required before the next move.
Prices exceed key demand
XRP is currently trading at $2.37, maintaining its strength after defending its $1.89 support level last week. The Bulls have successfully held critical demands, preventing further drawbacks, but the main challenge now is to go beyond the critical supply zone to trigger the rally.
If XRP pushes $2.60 higher with strong momentum with a score of more than $2.60, it can open the door for a rediscovery re-rally. The $3 level rest and retraction may mark the beginning of a major uptrend, which could lead to a new climax.
However, the market remains volatile and it is still possible to retest the range lows until XRP makes a decisive move. The Bulls must continue to defend key support levels while building momentum to break through above resistance.
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The next few days are crucial to identifying the short-term direction of XRP, as failure to recover $2.60 may lead to a deeper integration phase before trying a higher price.
Featured images from DALL-E, charts from TradingView
