XRP Whales Amass $2.2 Billion as Price Targets $2 Breakout

XRP's price has been rising in recent days, gaining 3.13% over the past 24 hours and 4.10% over the past week to reach $1.43, according to Coingecko data.

Trading volume has also increased, reaching $3.41 billion over the same period, indicating renewed interest in the token.

A technical analysis by Ali Charts suggests that XRP is forming an inverse head-and-shoulders pattern on its daily chart, with a potential target of $2 if the price breaks above the neckline at $1.55.

However, this setup remains incomplete and requires further confirmation before a sustained move can develop.