đ **XRP/USDT: Whale Accumulation & Technical Setups Fueling Momentum**
đ§ Overview
XRP surged ~8â10% after whales bought ~$915âŻM worth and the pair broke out above the $2.15â$2.20 range.
đ Key Drivers
1. **Whale Accumulation**
- Large addresses (10â100âŻM XRP) added ~420âŻM XRP in the past week.
- Onâchain data shows 1â10âŻM XRP wallets now hold >6âŻB tokens, while 100âŻMâ1âŻB wallets hold nearly 10âŻB.
2. **Technical Breakouts**
- Price reclaimed former resistance at $2.10â$2.20, eyeing next targets at $2.33â$2.38.
- MACD and chart patterns echo Bitcoinâs setup before its lateâ2024 rally.
3. **Volume & Futures Interest**
- Futures open interest climbed to ~$3.8âŻB, with rising exchange reservesâsigns of both demand and volatility.
â ď¸ **Risks Ahead**
- The $2.33â$2.38 zone could block gains. Failing to hold $2.15 may drop prices to $2.10 or lower.
- Technical ratings are mixed, suggesting caution despite bullish activity.
â **Takeaway**
XRP shows bullish signs via whale buying, momentum, and structureâbut volatility remains elevated. Users should **research independently**, manage exposures, and avoid overexposure.