CandleFocus XRP Market Surge: Nearly $1 Billion Snapped Up by Whales in One Week
2024-11-20
Author: Content Editor
XRP has recently experienced a significant rally, reaching a 3-year high, and investor confidence remains high. Whale addresses have been accumulating XRP, adding nearly 900 million tokens in the past week. This accumulation trend suggests long-term bullish sentiment and serves as a stabilizing factor for the altcoin's price. The lack of significant movements by long-term holders indicates confidence in XRP's future potential. This stability reinforces a bullish outlook for XRP, with a potential to surpass the critical resistance level at $1.14 and continue its upward momentum. However, losing support at $0.99 could lead to a decline in price.
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