XRP Price Breakout Chances of $3 – Whales and HODLers!
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- XRP has surged over 10% twice in just one week
- Is this a calculated move or does XRP have real long-term value?
If there’s one coin that’s benefiting from Bitcoin’s recent recovery, it’s XRP. After posting an impressive 10% gain in a single day—its second such spike in just a week—XRP holders are finally beginning to see the fruits of their patience. As profits come rolling in, attention shifts to how high this rally can climb. Could we be on the verge of breaking $3?
The whales will tell
A staggering $12.68 million worth of short positions were liquidated within just 24 hours, indicating that XRP bulls are regaining control. With a notable 23% weekly increase, XRP stands out as the only large-cap cryptocurrency showcasing such resilience—and the price chart vividly illustrates this.
In an impressive rally, XRP successfully reclaimed three critical price levels and was trading at $2.86 at press time—a figure even surpassing its post-election peak. For HODLers (long-term holders), these gains are accumulating rapidly.
Source: TradingView
This surge above $2.80 wasn’t coincidental; it’s realized through strategic accumulation efforts over two months where wallets holding between 1 and 10 million XRP have boosted their assets by an incredible 37%, adding around $3.8 billion worth of XRP to their investments.
The buying frenzy persists! Over the past week, wallets containing between 100 million and up to 1 billion tokens have procured another staggering 1.09 billion tokens of XRP. What’s significant about this? The “Trump Pump” for XRP initiated precisely when these larger holders began stock-piling; within less than one month, we witnessed an escalation from $0.80 all the way up to $2.80—a whopping increase of around **351%**.
Their tactic? They purchase while prices remain low! These HODLers currently sit on about **95% profit** according to prevailing market rates today . Given that whales re-entered play recently , it isn’t far-fetched for predictions suggesting that by end Q1 , we’re eyeing **$12** as possible target value – or could we prove otherwise?
XRP is more than just statistics.
If momentum continues gathering pace behind XRPs rally round numbers indicative : expect increased “sell-the-news” sentiment creeping into conversations . Don’t allow sentiments mislead actions . Historical trends caution similar movements where altcoins risk overheating situations too often resulting vicious pullbacks during times like RSI already exceeding *above* – despite being marginally lower compared last peaks seen recently moving above *95* before reaching astonishing highs hitting *$0*.
Should overall markets maintain upward trajectories then FOMO runs rampant triggering surges instantly upon penetration past crucial thresholds set earlier ! Staying vigilant during turbulent moments ahead critical thus HODLers must showcase robust mental fortitude withstand inevitable squeezes encountered along our journey forward.; let’s examine why…
Current retail capital influx hasn’t maxed out lately so having withdrawn approximately **12 billion** XRPs showed undeniable strength last measured intervals …what’s current withdrawal rates measuring up since ? Alone rests mere ~*22 Million* total lifted off exchanges – indicating needful struggles looming ahead , potentially resolved sooner rather than later depending unfolding circumstances playing themselves out next few days monitoring their developments closely bringing decisive impacts shifts felt collectively across spectrum . span >
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