XRP Whales Buy $4B for Dip, Tighten Price Floor for Breakout
Over di last week, big XRP whales don gather over 900 million tokens for 48 hours plus extra 440 million during one recent price dip, total pass $4 billion. Dis big buying don make exchange reserves tight and set price floor between $3.00 and $3.20. Technical signs show say XRP dey gather close to Bollinger Bands middle line with small volatily and daily RSI above 50. Daily chart show inverted hammer after price fall from $3.38. Main resistance dey between $3.35–$3.50, fit open targets for $4.00, $4.50 and $5.50 if clear break happen. Support hold for $3.00 and 50-day moving average near $2.81. If price drop below $3.00, e fit test $2.85–$2.81. Traders suppose dey watch whale accumulation, price stability, and turnover to fit sabi if breakout dey come soon.
Bullish
Big big gathering of XRP whales wen price dey drop mean say demand strong and exchange get less supply, e dey set solid price floor well well. Technical pattern dem—like inverted hammer for daily chart, Bollinger Bands wey dey narrow and RSI above 50—dem dey support bullish movement. If price hold pass the $3.35–$3.50 resistance area steady, e fit cause more gains go $4.00–$5.50, wey go support short-term upside. For long term, if whales keep buying and supply remain tight, e fit hold ground for bigger rally. But if e no fit hold $3.00 support, e fit cause deep correction, so this price level na big deal to keep the bullish case.