XRP Price Jumps Nearly 20% As Whales Buy Aggressively

XRP experienced a sharp 20.5% rebound, recovering some value lost during a recent steep downturn, largely due to strategic buying by large investors. Wallets holding between 100 million and 1 billion XRP accumulated over 230 million tokens in the last 48 hours, amounting to over $335 million, which absorbed sell-side pressure. This whale activity coincided with a significant increase in network participation, as first-time transacting addresses rose by 51.5% to 5,182, the highest level in two and a half months. Trading near $1.46, XRP is testing resistance at $1.47, with analysts suggesting a near-term target of $1.70 if this level is broken. However, failure to clear $1.58 could lead to a pullback toward $1.37 or $1.28.

(Source：BeInCrypto)