XRP Price Holds ‘Best Accumulation Zone’ as Whales Pull $170M From Binance
Cointelegraph
XRP whales withdrew $170 million from Binance, signaling potential accumulation as the asset consolidates near the critical $1.35–$1.40 support range.Summary
Large XRP holders, or whales, recently moved 122 million tokens worth $170.8 million off the Binance exchange, suggesting significant accumulation behavior. Analysts view the $1.35–$1.40 price range as a critical value zone, reinforced by 16 consecutive days of inflows into U.S. spot XRP ETFs. While the token currently faces resistance at $1.50, technical indicators like Bollinger Bands suggest a potential breakout toward $2.33 if support at $1.30 remains intact.
(Source：Cointelegraph)