XRP Price Frozen for a Month? A 130 Million Whale Move May Finally Crack It
BeInCrypto
XRP has stagnated for a month, but recent whale accumulation of 130 million tokens may signal a potential breakout above key resistance levels.Summary
XRP has remained stagnant near $1.34 for the past month, trading within a falling channel that has repeatedly rejected price advances. Technical analysis indicates that a critical resistance wall exists at $1.38, supported by EMA levels and a supply cluster. While speculative short-term holders have exited the market, two major whale cohorts have collectively accumulated 130 million XRP tokens. A decisive close above $1.38 is necessary to confirm a bullish breakout, potentially targeting $1.60, whereas failure to hold current support levels could lead to further declines toward $1.28.
(Source：BeInCrypto)