XRP is experiencing a recovery and showing strong bullish potential, driven by large wallet holders known as whales. These whales are actively accumulating XRP, buying around 270 million XRP worth $730 million over the past week. This accumulation indicates confidence in the future of cryptocurrency and suggests further gains for XRP. The sentiment for XRP has shifted positively, reflecting growing confidence in its price recovery. If XRP can establish support at $2.70 and break past resistance levels, it could see significant upside movement. However, failure to maintain support at $2.70 could result in a decline towards the next support level at $2.33.
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