Whales of #XRP accumulate $25 million in long positions
The accumulation of XRP skyrockets: a bullish signal?
This action suggests extreme confidence in a bullish move driven by imminent regulatory clarity.
Technically, XRP is consolidating in a bullish pennant pattern, a figure that usually precedes strong upward breakouts. The token's price remains above rising lows, after recently surpassing $3.66. If a definitive breakout above this level is confirmed, analysts project a jump of 63% to reach $5.96.
