In the context of the volatile cryptocurrency market, XRP stands out by maintaining stability at the important support level of $2.10. Data from Santiment shows that large investors (whales) have purchased an additional 40 million XRP in just 24 hours, signaling preparation for a new price surge from the smart money group.
What Do the Data Show?
Although the price has dropped 30% from a recent peak, XRP still maintains important technical support levels, demonstrating strength and investor confidence.
Large accumulation events from whales – like this one – have historically been accompanied by significant price jumps.
According to analyst Ali Martinez, the continuous buying moves by whales reflect high expectations for XRP's superior potential in the near future.
Opportunities from Technical Analysis
Currently, XRP is trading at $2.22, surpassing the moving average (MA) and exponential moving average (EMA) at $1.96.
This shows stability and strong purchasing power at lower price levels.
However, if it loses support at $2.13, XRP's price may face short-term downward pressure, but the bullish outlook remains if the coin holds above key indicators.
Once it surpasses resistance levels, XRP could potentially enter a phase of explosive growth.
Positive Signals for the Future
The continuous accumulation by whales shows confidence in XRP's potential breakout, despite market uncertainties.
If this trend continues, XRP may soon assert its leading position among altcoins, opening up strong growth opportunities for long-term investors.
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