XRP Whales Quietly Accumulating… Is a Break Above $2 Only a Matter of Time?
XRP is forming a strong rebound trend aimed at reclaiming the $2 level, supported by record accumulation from major whales.
According to recent reports, on-chain data shows that movements by large investors signal the beginning of a new upward cycle for XRP. Data from crypto analytics firm Santiment indicates that whales holding between 10 million and 100 million XRP have used the latest price correction as an opportunity to aggressively accumulate. Such stockpiling mirrors patterns typically seen just before sharp price surges in the past, fueling market optimism.
In addition to improving on-chain indicators, activity on the XRP network is experiencing rapid growth. The number of daily active addresses and newly created addresses on the XRP Ledger has risen simultaneously, signaling a sharp expansion of the user base. Experts say that, combined with broader buying pressure across the digital asset market, XRP appears ready to end its prolonged consolidation phase and lead momentum in the altcoin sector.
From a technical standpoint, XRP is solidifying its upward momentum by breaking through key resistance levels. Major indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) are flashing buy signals. If the price stabilizes above the $1.40 range, the path toward $2 is expected to open in earnest. Notably, the current accumulation trend is being driven more by large capital betting on long-term value appreciation than by retail investors seeking short-term gains, providing firm support at lower price levels.
Progress on the U.S. crypto market structure bill (CLARITY) and expectations of reduced regulatory uncertainty surrounding Ripple are also serving as strong catalysts. Institutional investors are increasingly moving to position XRP as a strategic asset in their portfolios once greater legal clarity is secured. This suggests that XRP is moving beyond its role as a simple remittance tool and establishing itself as a mainstream institutional-grade asset.
In conclusion, XRP is emerging as a key player in the broader bull market, backed by powerful whale accumulation and accelerating network activity. As Bitcoin (BTC) continues to shape overall market sentiment, global investors are watching closely to see whether XRP can break through the psychological resistance at $2 and surge toward new all-time highs. Anticipation is building over how the bold moves of major players during the correction phase could reshape the market narrative.
Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only. <저작권자 ⓒ 코인리더스 무단전재 및 재배포 금지>
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