🚨 Shocking Surge! XRP Whales Hoard 900 Million, Is a Breakthrough of 55 Dollars on the Horizon?! 😱🚀

Ripple Unlocks 1.1 Billion, Market Buzzes About Surge Potential!

Whale and Custody Dynamics

On-chain data shows that XRP whales have recently increased their holdings by over 900 million, with addresses holding 10 million to 100 million increasing, investor confidence is high. On May 1, Ripple released 1.1 billion XRP from custody accounts, with funds retained in internal wallets, not flowing into exchanges, alleviating sell-off concerns, consistent with the monthly release and partial locking routine.

Market Signals and Predictions

Binance's XRP reserves have decreased from 3.1 billion to 2.2 billion, with increased withdrawals from custody and whales, active receiving addresses soared from 50,000 to 700,000, indicating long-term holding and strategic allocation. EGRAG CRYPTO predicts XRP is within the 'macro channel', targeting 17-55 dollars, with the current '5th K-line' potentially leading to a 1700% surge. Ande Wave indicates a head and shoulders pattern at 2.186 dollars, a breakout could push it to 2.70-2.90 dollars. However, BLOCK BULL warns that if it falls below the 2.2562 dollar support, it could retract 30% to 1.55 dollars, heightening high leverage risks.