XRP Whale Buying Fuels Price Surge to $1.50 Resistance Zone
XRP has experienced a sharp three-day rally, pushing its price above $1.50 after a significant influx of whale buying.
According to data analysis, large holders increased their XRP balances by roughly 1.54 billion tokens over a 96-hour period, worth about $2.2 billion at the prices used in the analysis.
The token's price is now pressing into the $1.55-$1.60 resistance zone, where on-chain data shows a large concentration of previously traded supply.
A move through this key level could determine whether the rally extends or stalls, with the potential for a breakout above $1.60 clearing the nearest major supply concentration and exposing $1.68 as the next upside level.