📈 XRP Surges Over 150%
Ripple (XRP) has climbed from a low of $0.49 to a high of $1.26 this month, marking a 157.33% increase. At press time, XRP trades at $1.09, up 98.5% on the monthly charts, signaling strong bullish momentum.
🐋 Whales Move $233M in XRP
Whale activity has spiked, with two large transactions recorded in the last 24 hours. A transfer of 110.93M XRP ($123.59M) was made from Binance to an unknown wallet, while 100M XRP ($110.17M) was moved between two unknown wallets. This shift of tokens to private wallets suggests whales are holding, not selling, indicating confidence in XRP's future value.
📊 Impact on XRP Price Charts
Despite a 2.69% daily drop, XRP remains in a bullish phase. Whale-to-exchange flow has dropped sharply from 13,781 to 703, showing whales are accumulating rather than selling. This is a positive signal, suggesting further price gains ahead.
📉 Volume and Market Trends
XRP’s On-Balance Volume (OBV) has risen from 5.8B to 6.01B, indicating strong buying pressure and market dominance by buyers. This volume-backed rally increases the likelihood of sustainability and further price appreciation.
🚀 Outlook for XRP
With positive sentiment and strategic whale positioning, XRP could reclaim its $1.26 high. A breakout could test the next resistance at $1.34, setting the stage for continued gains.
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