XRP, the native token of Ripple Labs, has seen significant accumulation by long-term holders, with $38.51 million worth of XRP withdrawn from exchanges in the past 24 hours. This suggests potential buying pressure and upward momentum for the token. Previous dumps by these whales worth $35.4 million indicate that sentiment is now recovering. Despite XRP's consolidation in a tight range, technical analysis suggests it is bullish and could potentially soar by 35% if it breaks out of its current consolidation and closes above $3.31. XRP's RSI is close to the overbought area, indicating further potential for significant gains. The token is currently trading near $3.15 with a 2.10% price surge in the past 24 hours, but lower trading volume suggests uncertainty in sentiment.



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