XRP Surges 18.19%, Whales Grab Over 300M Tokens

XRP's price has skyrocketed by 18.19% on Friday, pushing its value to $1.29, a resistance level untouched since early June.

The OG altcoin has breached past the $1.10 resistance and is currently trading around 10 cents above the green SuperTrend price.

A larger breakout could happen if XRP sustains above the $0.32 region, according to Santiment's data.

Data from Santiment shows that crypto whales have acquired over 300 million XRP tokens in the past four days, indicating a growing whale concentration and a bullish sign for long-term holders.