XRP witnessing intense trading activity as whales go bullish
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Rising buying activity and accumulation from crypto whales is always seen as a bullish signal. Consequently, it is expected that the price of XRP will get significant support from this buying spree. While the price has already initiated an upward trend after the recent crash, this accumulation will be more beneficial in the broader scenario.at $0.5069, after a whopping increase of 14.13% in the last 24 hours. Despite the crash on Sunday, the coin is still up 16.57% over the last 30 days.
Moreover, today’s price rally is indicating that XRP has not lost its momentum and it is going to continue this bullish run. The coin has already outplayed other notable coins like in the market, and it appears that whales are ready to push the price to new highs in the coming weeks.With over three years of immersive experience in the crypto industry, Mushumir is a seasoned crypto writer dedicated to unraveling the complexities of blockchain technology and decentralized finance.
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