XRP Price Prediction: Whales are Hoarding — Is the Breakout Approaching?
Today, XRP is trending on the crypto market, particularly since "whales" or big investors have begun purchasing XRP. This is a clear indication that big market players are making arrangements for a possible move.
Experts indicate that when whales build up, it tends to create a powerful breakout in price. XRP has been ranging for several weeks, but now there are indications that demand is rising. Should buying pressure intensify, the price may break above the $2.60 resistance level and climb.
It is an interesting time for investors — if the breakout holds, XRP can enjoy a healthy short-term rally. But with the volatility of the market, caution must be exercised. In the cryptocurrency market, every step carries risk.
Short put, there is a "whale-driven momentum" surrounding XRP — and everybody's asking the very same question: is this a sign for the next big one?
