Is the XRP Christmas rebound ready to take off? Whale purchases boost, prices may skyrocket!
XRP has recently experienced a significant pullback, with prices dipping below $2, but the market has not lost confidence. Bulls are fiercely reclaiming lost ground, with the current price steadily rising to $2.25, and analysts remain optimistic about future trends.
Crypto Bitlord predicts that XRP will experience a strong rebound in the last month of 2024, with prices potentially soaring to $12! Javon Marks believes that the 'hidden bullish divergence' is signaling a breakout above $2.90 for XRP, which could quickly surge to new historical highs.
Meanwhile, whale activity cannot be ignored: in just a few days, large investors have accumulated 120 million XRP. This tightening of circulating supply, coupled with increasing demand, undoubtedly provides strong momentum for price increases.
XRP may currently be preparing for the last wave of upward momentum heading into 2024. In the short term, if the market continues to receive support from whales and small investors, we have reason to believe that this rebound before Christmas could be very intense.
Understanding market rhythms is the beginning of controlling wealth! Stay close to Old Tan, prepare in advance, and let the next peak belong to your account! Follow Old Tan, and never let opportunities slip away!
