Despite the action of the XRP whale, analyst Solberg Invest shared a chart on X showing that XRP has retested its previous high. The price has surpassed a long-term resistance trend line and is now holding above $3.4.
According to the analysis, XRP could reach $4.5 if it maintains this level. The analyst also suggests that if the momentum continues and the coin reaches the next major target of $4.5, it would mark a 61% increase from current levels.
While the movement of the XRP whales has generated caution, the overall market data still shows an upward trend, making a major liquidation unlikely for now. XRP whales and bulls anticipate a 480% increase in the price of XRP from its current price.
