XRP Whales Accumulate 380M Tokens as Buy Signal Flashes
XRP whales have been quietly accumulating tokens as they hover near a critical resistance level of $1.06.
Recent on-chain data reveals that large holders have amassed over 380 million XRP, indicating confidence in current price levels.
The Tom DeMark Sequential indicator has flashed a buy signal on XRP's monthly chart, suggesting a possible shift from bearish to bullish momentum.
A historical analysis of this indicator shows it has marked significant price reversals, including a 1,074% rally in April 2020.