XRP Price today is now traded at $ 2.17, showing an upward freshness. The main reason for this price increase is a major change in whale behavior. According to cryptocurrency data, the 90 -day MOBILE MOBILE MOBILE OF XRP of whale flows became positive in early May.
This is important because the last time this metric has become green, XRP has climbed 420% in just one month. After months of outings between January and April, the renewed entries suggest that the whales show interest again, perhaps preparing for a major escape in the coming months. The CTO David Schwartz has also confirmed that more acquisitions are coming, which increases the confidence of investors.
Ripple whales (XRP) indicate growing confidence
The Dom-term trader noted that the portfolios holding more than a million XRP have reached a record summit of 2,850. Meanwhile, the portfolios having more than 10,000 XRP have increased by 6.2% since the start of the year, totaling 306,000. This increase in large and medium-sized carriers highlights the confidence of long-term investors in XRP, even if the price relatively stable for a while.
Will XRP go up?
Yes, XRP shows strong signs of resilience and rupture potential. Despite a notable drop in the volume of negotiation on the Binance – in the process of making the lowest since August 2020 – XRP has always closed the bar of $ 2 each month since December 2024. This sustained price level suggests a solid underlying force.
Adding to the upward perspectives, whale flows have become positive for the first time in months, which indicates a renewal of the interests of large holders who often lead major price movements. On the institutional side, CME XRP’s term contracts recorded a massive volume of $ 542.8 million in just one month, reporting high demand from professional and detail investors.
While the volume measures are cautious, the action of prices and the increase in institutional participation suggest that XRP could soon be organized for a larger rally.
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The dry XRP trial finally concluded
The feeling has also become positive because, ultimately, after a decade, Ripple will drop its trick and the dry should do the same. CEO Brad Garlinghouse says that the Ripple vs dry case is finally closing. The market reacted positively, XRP jumping 3%, because traders considered resolution to suppress a major cloud on the future of XRP.
Meanwhile, Polymarket gives 76% chance of approval of the FNB SPOT XRP by the end of the year, giving XRP a positive hope to XRP investors. Analysts like XForceglobal see the recent drop to $ 1.90 as a healthy configuration for the next step. If XRP exceeds $ 2.65, it could open the door to a larger rally. With the continuous expansion of Ripple and the growing demand for the future, feeling moves in favor of XRP.
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