#squarecreator - Whales and Trump tariffs: Catalysts for the next XRP rally?

$XRP - The price of XRP, one of the most prominent cryptocurrencies in the market, has been under the microscope of investors in recent weeks. In particular, the recent acquisitions of large quantities of XRP by market “whales” and the economic policies proposed by Donald Trump have sparked a debate about whether this could be the beginning of a new bullish rally for the token.

Will these be the factors that could push the price of the cryptocurrency to new highs?

Strength of XRP whales: Rally in sight?

Recently, there has been a notable increase in XRP purchases by large investors, known as whales. According to Ali Martínez, a renowned technical cryptocurrency analyst, in the last month whales have purchased approximately 900 million XRP.

This trend has piqued the interest of traders, as although the market has experienced some declines, the large purchases by these players often anticipate bullish movements.

However, not everything is positive in this picture. Despite the massive buying, some whales have also made large transfers to platforms like Binance, which could indicate a future massive sell-off.

On April 28, a whale transferred over 29 million tokens to Coinbase, a move that often precedes a significant sale. This creates uncertainty among analysts about whether the optimism of the whales will hold or if the selling pressure could curb any potential price increase.

Despite these contradictory movements, the market has seen how XRP has defended an important support level around 2.20 dollars, which could be a sign that the cryptocurrency has the resilience needed to maintain its long-term bullish trend.