Here Are Two Factors That Can Rise XRP To $4

While the recent market crash prompted many investors to exit the XRP market, on-chain data reveals that whales seized the opportunity to increase their XRP holdings.

Whale accumulating XRP and Bull flag formation are two factors that can take XRP to $4.

Based on data from Santiment, XRP whales holding between 1 million and 10 million XRP acquired an additional 100 million XRP tokens between December 7 and 10. During this period, the price of XRP dropped by 27.2%, from $2.61 to $1.90.

These whales’ holdings did not decrease during XRP’s downturn. Instead, their cumulative balance rose from approximately 4.71 billion XRP tokens to around 4.80 billion as they deployed an additional $200 million in capital