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XRP price prediction as whales amass 40 million tokens in 24 hours

Author: Content Editor
XRP's push toward $3 resistance has stalled amid the broader market correction, but there is increasing buying pressure from whales that could spur price growth. XRP whales acquired 40 million tokens within 24 hours, which is seen as a major vote of confidence for the token. If history repeats itself, large-scale accumulation by whales has often preceded price growth. According to an AI tool, the impact of whale accumulation could take effect within a week and may push the price of XRP to $2.30 to $2.40 in the next 24 to 48 hours. Sustained buying momentum could drive XRP to trade between $2.50 and $2.60, with potential consolidation at those levels. If bullish sentiment continues, XRP may challenge the $2.75 and $3 resistance zones within a week. However, XRP remains susceptible to market trends and external factors such as the Ripple-SEC lawsuit, and its valuation above the $2 support level is important for further upward movement. XRP is currently trading above its 50-day and 200-day simple moving averages, suggesting possible bullish sentiment in the short and long term. The 14-day Relative Strength Index is in the neutral zone but leans slightly bullish, leaving room for further price movement depending on shifts in market sentiment.

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