Current Price Situation
XRP is trading at $2.80 (+11.73%), breaking through the resistance level of $2.39 not seen since May. This increase indicates a resurgence of interest from institutions and retail investors after sustained accumulation by large whales.
Key Market Factors
• Price targets show that analysts anticipate a potential level of $10
• Whale activity reveals that 2,742 wallets control 47.32 billion XRP
• On-chain data confirms that 1 million XRP wallets and more are actively accumulating
• Favorable regulatory winds: $50 million settlement with the SEC and bank license application
• A technical catalyst: the formation of the "Divine Candle" suggests rapid price discovery. #xrp $XRP