The price of XRP has been surging, reaching a 7-year high of $3.39 before retracing to $3.33. This increase in price has been accompanied by a rise in non-empty XRP wallets and whale transactions. Over the past two months, the number of non-empty wallets has grown by 511,430, and there have been 2,365 whale transactions exceeding $100,000. This suggests that both large-scale investors and new retail participants are driving the movement. An analysis by Ali Martinez highlights a breakout from a symmetrical triangle pattern that formed since 2018, with a potential price target of $15 for XRP. However, Martinez also notes the possibility of a retracement to the breakout zone around $2.40 and emphasizes the importance of monitoring the market with stop-loss strategy adjustments.



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