$XRP Defies Doubters — Whale Confidence Grows as Price Targets $3.00
Can XRP break past resistance or will rising exchange reserves halt its run?
Despite mixed on-chain signals, XRP is holding firm around $2.44, staging a mid-week recovery fueled by broader crypto momentum and a golden cross against BTC — a bullish signal not seen since 2017.
Here’s what’s driving the move:
✅ Whale Wallets Loading Up:
Wallets holding 10M–100M XRP now control 12.1% of supply
That’s up from 11.58% in April — smart money is betting big
✅ BTC Rally Ignites Altcoin Surge:
Bitcoin’s push to $111.9K triggered widespread altcoin rallies
XRP bounced off support at $2.29 on Monday and hasn’t looked back
⚠️ Red Flag: Exchange Reserves Rising
Binance XRP reserves jumped from 2.7B → 2.9B XRP in just days
Suggests potential sell pressure or heightened volatility ahead
Watch out: More XRP on exchanges = higher likelihood of profit-taking
What This Means:
The bulls are in charge — for now. But conflicting on-chain signals demand caution. A push toward $3.00 is possible, but rising exchange reserves could trigger whipsaw price action over the weekend.
Key Levels:
Support: $2.29
Resistance: $2.50 → $2.80 → $3.00
Watch Closely: Exchange inflows + RSI/MACD confirmation
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Are You Bullish or Bearish on XRP This Weekend?
Comment: “XRP to $3” or “Brace for the Dip”
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