XRP's price increased by 7% as whales accumulated approximately 300 million tokens at the $2.80–$2.82 support level. This accumulation has created a strong support band, with on-chain data showing nearly 2 billion XRP concentrated in this range, marking it as a significant dip-buy zone.
The next major resistance for XRP is at $3.50–$3.60, where a breakout is needed to confirm continued bullish momentum. Whale activity indicates strategic positioning for potential gains in Q4, with the largest holders increasing their XRP holdings to around 9.48 billion after recent purchases.
XRP Jumps 7% as Whales Accumulate 300 Million Tokens
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