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TronWeekly

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XRP Whale Wallets Hit 47.32 Billion in Holdings With Price at 7-Week Peak

  • XRP has reached a 7-week high at $2.41, with increased buying momentum and market engagement.
  • Whale wallets holding over 1 million XRP reach near-record levels at 47.32 billion tokens, showcasing growing confidence in the token's long-term value.
  • Technical indicators suggest a bullish momentum for XRP despite signs of short-term overheating, as price action shows a breakout above key moving averages.
  • XRP's outlook is bullish in the short-term, but there are risks of pullbacks, with potential resistance at $2.50 and support near $2.20 to watch.

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