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XRP Whales Are Back – 880 Million Tokens Accumulated This Month

  • XRP is trading above $2.35, gaining momentum to break through critical resistance towards a potential all-time high amidst a new bullish phase in the broader crypto market with Bitcoin surpassing $100K.
  • XRP is showing notable relative strength compared to other altcoins, with analysts focusing on a potential rally supported by XRP whales accumulating over 880 million tokens in the past month, signaling growing confidence in XRP's trajectory.
  • XRP's resilience and consistent support during market fluctuations have drawn attention, especially as it stands at a critical juncture. The ongoing accumulation by XRP whales and bullish momentum could lead to a powerful continuation to the $2.50–$2.80 range.
  • The current price action of XRP, trading at $2.36 and breaking above $2.35, suggests strong bullish strength. With increasing volume, a breakout above $2.38–$2.40 could pave the way for retesting previous highs and potentially reaching new all-time highs, positioning XRP as a formidable performer in the market's next upswing.

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