🔴$XRP Will Increase to Record-Breaking High 🔴
Ripple whales have accumulated 300 million XRP tokens between July 12 and 15, according to data. This accumulation is typically seen as bullish, supporting the thesis of further gains for XRP.

Key Highlights:

Whale Activity: Large wallet investors holding between 10 million and 100 million XRP tokens added 300 million XRP. Another cohort holding between 100,000 and 1 million XRP accumulated 10 million tokens.

Price Movement: XRP extended gains by nearly 3% on Monday, trading above $0.5300. It reached a peak of $0.56 on Saturday, July 13, and is currently trading at $0.5333.Anniversary Rally: XRP noted the highest weekly gains in 2024 over the weekend as holders celebrated the one-year anniversary of Judge Torres’ ruling in the SEC vs. Ripple lawsuit.

Technical Analysis: The MACD indicator supports recent gains, flashing green histogram bars above the neutral line, indicating positive momentum. XRP could extend gains by another 13% and rally to $0.6058, the 61.8% Fibonacci retracement of the decline from the March 11 top of $0.7440 and the July 5 low of $0.38

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$BNB