XRP Whales Fuel 53% Price Surge: Can a Breakout to $1.50 Spark a Run to $2?

XRP has experienced a significant surge in price over the past week, gaining around 53% from its low of $0.9882 to reach as high as $1.70.

This impressive rally is largely attributed to the accumulation of XRP by whales, who have purchased over 300 million tokens worth approximately $510M in just 96 hours.

The current price of XRP is trading around $1.51, up 11.42% in the past 24 hours and significantly outperforming Bitcoin.

As XRP attempts to break above the key level of $1.50, traders are watching closely to see if it can establish a foothold and extend its move towards $2.