Despite the decline in prices over the last few days, XRP, the default token of Ripple Labs, has recovered its driving force and has risen due to optimistic price behavior patterns. This strong sentiment is led by the strong trust and interests that merchants and investors have recently shown.
Accumulation of XRP leaks of $ 45 million
According to CoingLass, a thermal chain analysis company, traders and investors are betting and accumulating XRP as the price drops, and this trend seems to continue. According to the data of on -site inflow/leaks, the exchange has seen a significant leak of $ 45 million in XRP over the last 24 hours.
This actual outflow of the exchange is potentially signs of accumulation and causes purchasing pressure, which can lead to a greater rising momentum, similar to the Rally XRP experienced on January 28, 2025.
In addition, Crypto Whales has purchased 120 million XRP tokens during the recent dip period, as Crypto Whales recently reported by Coinpedia.
However, when the XRP is at the lower limit of the parallel price behavior pattern, this remarkable leak from the exchange can be observed, which can escape this optimistic pattern.
Escape from XRP price and optimistic flag and pole pattern
With the strong strength of long -term holders and encryption whales, XRP is currently dealing with nearly $ 3.18 and has surged more than 7.5% over the last 24 hours.
However, in the weak market sentiment, this strong reversed exercise resulted in a four -hour optimistic flag and extreme price behavior pattern. Considering the current price behavior and recent whale activities, XRP can violate the trend resistance and potentially risen 40%, reaching $ 4.45.
When combining this strong price behavior with the recent activities of whales and long -term holders, the bull seems to be dominant and can support XRP in the future.