🚀 $XRP Defies Market Stagnation – XRP has surged +297% against BTC since November, outpacing the broader market. Wallets holding 100K+ XRP have increased by 261 in 10 weeks, signaling strong confidence from large holders.
🐋 Whale & Shark Accumulation – Data shows a 0.8% rise in large XRP wallets since December. This suggests key players are positioning for future gains, reinforcing the bullish sentiment around XRP.
📊 XRP vs BTC Performance – Unlike most assets, XRP has consistently outperformed BTC for 14 weeks. Its resilience and continued accumulation hint at sustained momentum if BTC remains range-bound.
⚠️ Is XRP Overextended? – Trading at $2.68, XRP sits above its 50-day MA ($2.67) and 200-day MA ($2.32), confirming a bullish structure. However, Bollinger Bands suggest possible short-term volatility.
🔍 What’s Next? – If whale accumulation continues, XRP could push toward $3.00. However, increased selling pressure may lead to a retracement toward $2.35. $BTC market trends will be key in shaping the next move.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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