Whales stir undercurrents, XRP is poised for a breakthrough!

News analysis:

Whales are crazily accumulating: On-chain data shows that in the past month, whales have swept up 880 million XRP (worth over 2.1 billion USD), a single transfer of 782 million USD is suspected to be an official action by Ripple, chip concentration has soared, and signals of institutional accumulation are evident.

Regulatory easing + ecological explosion: After settling the lawsuit with the U.S. SEC, compliance barriers are removed, and XRP is back on major exchanges. Recently, a Dubai real estate platform has adopted XRP Ledger, supporting fragmented property transactions, with institutions accelerating adoption.

ETF expectations are heating up: Ripple executives are frequently in contact with the U.S. government, rumors about a spot XRP ETF are brewing, and if approved, it will become a price bomb.

Technical analysis:

Key point battle: current price 2.308, short-term support 2.20-2.30, resistance 2.50-2.60. A breakthrough at 2.50 may challenge the previous high of 2.65, while a drop below 2.20 could retest the 2.0 level.

Indicator divergence: MACD golden cross but bar graph is weak, bulls have a slight advantage; Bollinger Bands are tightening (2.3-2.5), a trend change is imminent, and volume will determine direction.

Risk signals: RSI is neutral, not overbought or oversold, but the surge in open futures contracts raises caution for a potential double kill of both bulls and bears.

Operation summary:

Breakthrough and follow: If the volume stabilizes above 2.50, take a light position to follow, target 2.60-2.65, and if it breaks, look for 2.9029.

Stop-loss triggered: If it drops below 2.20, stop-loss and wait for a stabilization near 2.0 before averaging down.

Position discipline: No more than 10% of total funds, keep enough ammunition to deal with volatility.

The whale is in position, when will the east wind come? Keep a close eye on the 2.5 offense and defense battle, XRP's breakout point is just a step away! If you want to delve deeply into the crypto space but can't find direction, and want to quickly get started with understanding the information gap, click on my profile and follow me for first-hand information and in-depth analysis!