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Can XRP reclaim $1.20 as whales quietly add 70mln tokens?

source-logo  ambcrypto.com 1 h
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$XRP attracted renewed attention after whales accumulated 70 million $XRP over the past week, reinforcing confidence despite the token’s prolonged consolidation below resistance.

The bullish narrative also gained support after the $XRP Ledger surpassed 8 million activated accounts, highlighting continued network adoption.

Large holders continued increasing their exposure even as $XRP traded inside a well-defined range.

That behavior suggested institutional-scale investors viewed current prices as attractive rather than risky.

Instead of distributing holdings after previous rallies, whales kept absorbing available supply.

Meanwhile, the expanding $XRP Ledger ecosystem reflected growing activity across payments, tokenization, DeFi, and AI-related applications.

Together, stronger network adoption and sustained whale buying reinforced confidence that long-term demand continued strengthening beneath the current price consolidation.

Bullish positioning stayed firmly intact

Derivatives traders continued favoring the upside despite $XRP’s lack of a decisive breakout.

Binance’s top trader positioning remained heavily skewed toward longs, with 77.21% of accounts maintaining bullish exposure.

That left the Long/Short Ratio at 3.39, reflecting sustained confidence among experienced market participants.

However, traders refrained from aggressively adding leverage while $XRP remained below resistance.

Instead, they maintained existing long positions and waited for confirmation from spot markets.

That behavior suggested expectations of continued upside rather than an immediate rally.

However, the elevated long bias also increased the risk of short-term volatility if buyers failed to reclaim higher resistance.

Even with that risk, derivatives sentiment continued aligning with the accumulation trend seen among whales.

Source: CoinGlass

Can $XRP reclaim the next resistance?

$XRP recovered from the $1.05 support zone and traded near $1.10, showing buyers continued defending recent lows.

This recovery gradually improved short-term sentiment and kept the broader recovery structure intact.

The daily RSI climbed to 48.64, while its signal line reached 47.74, indicating buying strength continued improving despite remaining below the neutral 50 level.

$XRP also traded within the $1.05–$1.20 range, where repeated higher lows reflected steady demand.

Recent AI forecasts supported a constructive longer-term outlook.

Grok projected a year-end range between $1.80 and $4.50, while Claude estimated $1.50 to $1.90 as the most likely range and suggested prices above $2.50 would require stronger catalysts.

Even so, $XRP would first need to reclaim $1.20 to strengthen the bullish technical outlook.

Source: TradingView

Where could volatility emerge next?

The Liquidation Heatmap identified several dense liquidity clusters above the current price, making those levels important if buyers extended the recovery.

The largest concentration appeared around $1.12, while additional clusters stretched toward $1.14 and $1.16.

Those areas could attract price because large concentrations of leveraged positions often trigger liquidation-driven volatility.

On the downside, another liquidity pocket remained near $1.10, providing nearby support if sellers regained control.

The heavier liquidity concentration above market price slightly favored an upward liquidity sweep before a larger directional move developed.

Source: CoinGlass

Can $XRP clear $1.20 next?

$XRP maintained a constructive outlook as whale accumulation aligned with strong bullish positioning among Binance’s top traders.

Buyers also defended the $1.05 support while the RSI continued recovering toward neutral territory.

These signals favored another attempt at $1.20. If buyers generated stronger spot demand, $XRP could challenge that resistance and target higher liquidity levels.


Final Summary

  • Whale accumulation and network growth continued supporting $XRP despite prolonged price consolidation.
  • Buyers defended key support, but reclaiming $1.20 remained essential for further upside.
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