In recent days, large investors, or whales, have been actively buying XRP. During the week, they purchased more than 590 million tokens worth $1.29 billion, which indicates high interest and possible growth. #XRP has consolidated at $2.34, and analysts predict an increase to $2.90.
Purchases by large players strengthen confidence in the asset and can encourage additional purchases by retail investors, which increases the price.
If the trend continues, $XRP
may repeat the historical maximum. However, it is worth considering the volatility of the market, possible short-term falls and dependence on regulatory news. For long-term investors, XRP remains a promising asset.