XRP whale activity is signaling possible sustainable bullish momentum for the asset, which has broken out after prolonged price consolidation.
Over the weekend, whales spent over $50 million on XRP, which hints at possible confidence in the token’s prospects, according to data shared by on-chain analyst Ali Martinez in an X post on November 25.
Specifically, the total balance of holders, between 1 million and 10 million XRP, increased to 4.29 billion tokens over just two days.
XRP whale activity. Source: Santiment/Ali_chart
Whales are often seen as key drivers of price movements, and the purchases could help XRP establish its price above the $1 support zone.
XRP targeting $2
At the same time, technical indicators as noted by trading expert Mikybull Crypto point to a possible continuation of XRP’s rally.
In an X post on November 25, the expert stated that XRP, having surged past the $1 resistance, is showing potential to claim the $2 level.
This move is backed by s
We współpracy z: https://finbold.com/xrp-price-to-soar-as-whales-make-giant-splash/
