Ripple's native cryptocurrency, XRP, has seen a 13% price increase in the past 24 hours due to increased whale activity and market optimism ahead of the launch of Ripple's new stablecoin, RLUSD. XRP whales have purchased over 830 million coins in the last day, signaling confidence in the asset. The stablecoin, RLUSD, is set to launch globally today on various platforms. XRP's price surge has attracted attention, but some investors are cashing in on the gains. On-chain analytics indicate that whales are accumulating XRP but also preparing for potential profit-taking. The launch of RLUSD has contributed to XRP's price rally, with the coin trading at $2.67 and achieving a year-to-date gain of over 300%. Crypto analysts have expressed bullish outlooks for XRP, with forecasts of rallies up to $9. Technical analysis suggests XRP may experience strong upward movement in the coming sessions, with potential targets at $2.72, $5.85, and $8.76.



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