Major XRP Accumulation Alert: Wallets Holding Over 10,000 Coins Cross 300,000
XRP is experiencing a significant accumulation trend, with over 300,000 addresses holding 10,000 XRP, indicating increased confidence among crypto whales. Analysts suggest this accumulation may precede a major event, such as the potential approval of an XRP ETF, which has a 90% chance this year, or the conclusion of the Ripple SEC lawsuit. The lawsuit has reached an agreement, pending court approval, which could also boost XRP's price. Wallets holding 10 million to 100 million XRP have purchased around 900 million XRP in the past month, with 71.54% of traders on Binance futures leaning bullish. Current resistance for XRP is between $2.2 and $2.36, with a recent drop to $2.13. Projections indicate a potential surge towards $3, followed by targets of $4.4 and $6.3, with $1.88 identified as a key support level. XRP is currently trading at approximately $2.12, down 2% in the last 24 hours.
