XRP Whale Buying and Liquidity Buildup Suggest Short Squeeze Ahead
Ripple's XRP has maintained its price above $1 for 632 consecutive days, its longest streak yet. According to RippleXity, whales have recently accumulated 380 million XRP around the key psychological level of $1.
The technical indicators are also starting to favor a bullish outcome. On the daily chart, XRP's Relative Strength Index (RSI) is sitting at the neutral 50 level, while other major assets like Bitcoin, Ethereum, Solana, and BNB are already overbought.
Liquidity has been building around $1.06-$1.07 on CoinGlass' 24H liquidation heatmap, even as the price dipped toward $1.00. This trend is expected to continue with Aviva Investors tokenizing a fund on XRPL and institutional capital flowing into the ecosystem.
With RWA asset value on XRPL up over 28% in the past 30 days and total stablecoin market cap on XRPL increasing by more than 12% in the last 24 hours, adding over $100 million in net flows, XRP's undervaluation case is growing stronger.