Crypto whales accumulate XRP in anticipation of the court's decision.
Large investors ("whales") are actively buying XRP amid news of the imminent conclusion of the lawsuit between Ripple and the SEC.
Facts:
* Over the past 24 hours, whales have withdrawn $292.5 million worth of XRP from crypto exchanges.
* It is assumed that the tokens were bought during the recent rally and sent for long-term storage.
* The lawsuit between Ripple and the SEC is expected to be resolved by mid-2025.
* The dismissal of SEC Chairman Gary Gensler in January may affect the course of the case.
Forecast:
* In the short term, XRP may fall in price after growing 285% during the "Trump Pump".
* A major correction is not expected.
* The price of XRP is unlikely to fall below $1.7 (100-hour moving average line).
* Now is a good opportunity to buy tokens in anticipation of a resumption of growth after the trial is over.