Applying what I published yesterday about the candles
🔍 Practical example: XRP under the microscope
🐋 Whale activity is clear and intense:
A massive whale transfer of $998.1 million in XRP from well-known wallets to an unknown one, in a synchronized movement revealing organized accumulation.
Wallets now control 14% of the total circulating XRP supply, with a significant 93% drop in sell flows to exchanges since the beginning of July.
In mid-July, whales added over 2.2 billion XRP over two weeks, worth more than $6.6 billion—confirming long-term stacking strategies.
🕯️ Reading candles in XRP — what did we learn?
🔻 1. Candles with small bodies after a drop:
After a correction wave from resistance near $3.30, small candles formed — a signal that the price is being quietly accumulated by whales without pushing the price.
📉 2. Clear lower tails:
Candles showing long lower tails → the price dropped then quickly rebounded. That is: demand is strong and accumulation is ongoing, and whales are absorbing the selling.
⚠️ 3. The price failing to break resistance:
The price trend was within a clear range of $3.00 – $3.30, and the repeated breaking of resistance channels then returning implicitly indicates that whales are not allowing the price to surge upfront — a false break to shake out weak hands.
🎯 Expected scenario from XRP whales:
Fragmentation of trades after a strong correction (as happened recently).
Formation of quiet accumulation areas with repeated downward spikes and an attractive lower tail.
A slight false break downward — purging the fast whales.
Testing strong resistance at $3.30–$3.40 and even testing it after a long transfer.
If the price closes daily above $3.35 – $3.40 with high trading volume → we expect a price explosion towards $3.60 then $3.80+.
✅ How do you read this example and apply the aggregation methodology?
Candles after a small correction → indicating hesitation and a touch of aggregation.
Repeated emergence of lower tails → evidence of absorption and buying by whales.
The price is refusing to drop significantly → confirmation of support in the area.
Trading volumes decline during the pullback then rise before the breakout → signals of a potential strong explosion.
