XRP: BULLISH BREAKOUT
Following a 27.6% rally from $1.25 to $1.58, $XRP appears to have completed the right shoulder of a major inverse head-and-shoulders pattern on the daily chart.
Meanwhile, whales have recently accumulated more than $2 billion worth of XRP.
Now, everything comes down to $1.60.
A decisive break above the neckline could confirm the pattern and trigger another 30% rally toward $2.
$2 BILLION IN XRP BOUGHT BY WHALES
Whale activity on the XRP network has surged over the past 96 hours.
Large holders appear to have accumulated roughly 1.54 billion $XRP, worth around $2.2 billion.
That’s a significant accumulation spike that could soon translate into price action, leading to a bullish breakout.