XRP Price Eyes Bullish Reversal as Whale Accumulation Grows

The XRP price is struggling to regain control near support levels around $1.03-$1.05, but growing whale accumulation suggests improving investor confidence.

According to data from BankXRP, whales have been buying more XRP than selling it in the past week, with a total of 4.25 million XRP worth $20.66 million being accumulated by big players.

This bullish signal, combined with the current price structure, indicates that a decisive breakout above resistance could strengthen the recovery outlook for XRP.

However, if the bulls fail to regain control and the price breaks below $0.97, it would open room for another decline down to $0.777.