A makeup movement or broken above $ 3.20

The XRP whale activity has recently called significant attention in the cryptocurrency market, with large investors buying 340 million XRP Tokens in the last two weeks. This substantial accumulation suggests growing confidence in the potential of the asset for an increase in prices, particularly as the Token approaches the key levels of resistance. Analysts, including cryptographic commentator Ali Martínez, highlight that such whale behavior often indicates a strong institutional feeling or high -level network investors in favor of the ascending trajectory of the asset [1].

At the time of reports, XRP was quoted at $ 2.83, with a 24 -hour negotiation volume of $ 4.84 billion and a market capitalization of $ 168.83 billion. Token has shown a modest gain of 0.9% in the last 24 hours, indicating a relatively stable but active market [1]. The technical indicators point to a consolidation period, with the relative resistance index (RSI) in 55.33 and the convergence divergence of the mobile average (MACD) to 0.26502. These metrics suggest that, although the market is not in excess or overall, bulls maintain a slight advantage [1].

Market analysts have identified key price levels that will determine XRP’s short -term address. A break over the resistance range of $ 3.10– $ 3.20 could provide the necessary impulse to conduct the highest token, while a failure to retain the support level of $ 2.70 can result in a renewed low pressure. The Bitguru analyst emphasized that these critical levels represent a moment of promotion for XRP, with merchants and investors by closely observing signs of a break [1].

The whale activity is reinforced by a recent increase in the XRP negotiation volume, which increased by 44.84% in the last 24 hours. This increase in liquidity suggests that merchants are beginning to reposition before a possible price movement. In particular, similar patterns have been observed with Bitcoinwhere large investors continue to accumulate despite a 3.88% decrease in the last 30 days [2]. This strategy of “buying immersion” could be indicative of a broader trend among institutional actors in cryptographic space.

The current market environment also reflects a broader crypto market dynamic, with XRP that is seen as a key indicator of feeling. Although the token remains under the pressure of macroeconomic conditions, the continuous interest of whale investors suggests that the underlying foundations are still being valued. Analysts closely observe if XRP can leave their consolidation phase and restore an upward trend [1]. If he does, the implications could extend beyond the Token itself, which could indicate a broader recovery in the cryptography market.

Fountain: [1] XRP Whale activity signals Potential Romo above $ 3.20 Resistance (https://www.xt.com/en/blog/post/xrp-whale-activity-signals-potential-break-above-3-20–RESISTANCE) [2] The best cryptography to buy as whales add 340m XRP at its height (https://coindoo.com/best-crypto-to-to-buy-as-whales-buy-340m-xrp/)