XRP, Bitcoin Whales Are Accumulating—Is the Bear Market Nearly Over?
CryptoQuant says whales are accumulating Bitcoin, Ethereum, and XRP while prices sit near or below their average cost basis, suggesting downside pressure may be easing and the crypto bear market could be in its final stage. For XRP, large spot orders remain active around the $1.00–$1.20 range, but taker flow is neutral, pointing to calm accumulation rather than aggressive breakout buying. XRP’s chart still looks bearish: the 50-day EMA is below the 200-day EMA, price is under both averages, RSI is weak at 39.5, and ADX shows no strong trend. That combination suggests a long basing phase, not a confirmed reversal. The key confirmation level is a daily close back above the 200-day EMA near $1.12. Immediate support is around $1.04, with downside targets near $0.9167 and $0.8358 if that fails.
