XRP has experienced a significant downturn, losing over 17% of its value in recent days. However, large holders of XRP have been accumulating more of the cryptocurrency, indicating confidence in its potential. Historically, significant whale accumulation during market dips has often preceded a recovery. XRP's price is consolidating, and analysts believe this could signal a potential breakout. The cryptocurrency has managed to hold above a critical support level of $1.90, which is crucial for its bullish structure. Despite recent declines, there are varying opinions on XRP's future price, with some experts speculating it could reach $5. However, the long-term outlook remains uncertain.
- Content Editor ( cryptopolitan.com )
- 2024-12-21
XRP whale activity during market correction pushes the coin 13% up – $4 market price in sight?