XRP Whale Activity Surges as $1 Support Holds
- Whale transactions above $1 million jumped 280%, while XRP remains below descending resistance and near the $1 support zone today.
- XRP’s daily structure remains bearish, with RSI near 36 signaling weak momentum and limited evidence of a confirmed reversal today.
- A sustained move above $1.10 could improve momentum, while a break below support would expose the June lows again, closely in focus.
XRP price outlook remains cautious as whale activity rises sharply, while the daily structure stays below resistance and momentum remains weak near key support for traders and market participants.
Whale Activity Surges Across the XRP Ledger
In a recent post, Ali Charts reported a sharp return of XRP whale activity. The post said transactions above $1 million surged 280% within 24 hours. More than 38 large transactions were recorded during the latest period.
The accompanying Santiment chart shows a dramatic rise in large transactions. Earlier readings remained considerably lower across the displayed timeframe. The latest bar rises sharply, separating it from previous daily activity.
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