XRP is bleeding alongside other altcoins as traders rotate their capital to Bitcoin (BTC), which is only 1.2% shy of its ATH at press time. However, XRP price action shows signs of decoupling from other altcoins, perhaps due to whale accumulation and a repeat of the 2024 price fractal that led to a 500% rally in a few weeks. Will the payments token rally again? At press time, XRP trades at $2.38 with a slight 0.06% intraday gain. Volatility remains low with Ripple fluctuating between $2.32 and $2.39 in 24 hours. XRP Price Consolidations as Whales Scoop 110M Tokens On-chain data shows that whales are currently in an accumulation phase as XRP price stalls within the $2.30 range. In the last five days, the addresses holding between 10 million and 100 million XRP tokens have increased their holdings from 7.56 billion to 7.67 billion. The data shows that these addresses… Read More at Coingape.com

The post XRP Price Repeats 500% Rally Pattern as Whales Buy 110M Token – Is Another Surge Likely? appeared first on CoinGape.

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