XRP WHALES KEEP BUYING
In just five days, whales accumulated more than 470 million $XRP, worth around $724 million.
Meanwhile, an inverse head-and-shoulders continues to form on the daily chart.
The bullish breakout could be getting closer.
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.