XRP sees a surge in whale transactions exceeding $40M, signaling potential for a price breakout amid strong accumulation trends.
Price consolidated near $2.20–$2.50; a breakout could trigger bullish momentumrecently witnessed a significant uptick in whale transactions, with single trades exceeding $40 million.
The chart underscored two key patterns: a consistent rise in large transactions and their correlation with price increases. Such behavior often signals confidence in long-term price potential, as large holders rarely execute impulsive trades, further solidifying XRP’s current bullish undertone.XRP was trading at $2.2851 at press time, reflecting a 1.48% intraday decline. The RSI at 55.17 indicated neutral momentum, suggesting neither overbought nor oversold conditions.
Breakout resistance remained at $2.50, a level tested multiple times without a decisive breach. Moving averages maintained a bullish alignment, indicating long-term upward bias.
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