$XRP 💡 XRP Price Outlook: Whales Accumulate 190M Tokens Amid “Death Cross” Concerns
XRP is once again making headlines, but market signals are mixed.
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⚠️ A “Death Cross” has appeared on the 4-hour chart — a traditionally bearish indicator suggesting potential price declines. Many traders are now watching for a possible drop below the critical $0.50 support level.
Despite the warning signs, large holders — often referred to as whales — are doubling down. In just one week, they’ve acquired a staggering 190 million XRP, signaling confidence in the token’s long-term potential.
Here’s what’s driving the action:
🔹 Renewed optimism around Ripple’s legal battle with the SEC, with some speculating a favorable resolution could be near.
🔹 Rumors of a potential XRP ETF are circulating, fueling hopes of a major breakout.
🔹 Whales appear focused on the bigger picture, prioritizing long-term gains over short-term market volatility.
As the dust settles, one thing is clear: XRP is gearing up for a major move — whether it’s a breakout or a deeper correction remains to be seen.
XRP
2.2906
+5.19%
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