XRP's price trajectory is once again capturing attention as it eyes a potential ATH. Meanwhile, Ripple whales engage in substantial accumulation activities.
Ripple Accumulation Strategy: In-Depth
Ripple whales have recently purchased 453.3 million XRP tokens, equivalent to $526 million, marking the largest acquisition in nearly three years. Analyst Armando Pantoja suggests whales are preparing for something significant as XRP gains renewed interest.
XRP/BTC Market Analysis and Growth Signals
Technical analysis shared by EGRAG CRYPTO highlights XRP's strengthening performance against Bitcoin (BTC). On the XRP/BTC trading pair, the price recently closed above a key resistance level, turning it into support, seen as crucial for sustained bullish momentum.
Community Optimism for New Highs
The XRP community, known for its optimism, is abuzz with discussions of a new ATH. Influential analyst Dark Defender reminded supporters of XRP's past achievements, where it surpassed expectations. He expressed confidence in XRP's ability to exceed its previous ATH of $3.84 with impressive speed.
Despite a recent 3.83% pullback, XRP shows a significant weekly gain. While currently trading at $1.10, the community believes in the potential to reach a new ATH and continue the upward trend.