• XRP has surged by over 10% twice in just one week
• Is this a calculated move, or does XRP have genuine long-term value?

If there’s one coin making the most of Bitcoin’s recovery post the second Fed clash, it’s XRP. Following impressive 10% gains in a single day – its second such surge in just a week – XRP HODLers are finally seeing their patience pay off. As profits roll in, all eyes are now on how far this rally can go. Could we be on the verge of a $3 breakthrough?

Whales will tell

A massive $12.68 million in shorts were wiped out in just 24 hours, signaling that XRP’s bulls are back in control. With a standout 23% weekly surge, XRP is the only high-cap showing such strength. And, the price chart clearly reflected that.

In one powerful pump, XRP reclaimed three key levels, with the altcoin sitting at $2.86 at press time. This level was even higher than its post-election peak. For HODLers, the profits are clearly stacking up.

Interestingly, this breakthrough above $2.80 is no fluke – It’s a result of strategic accumulation. In just two months, wallets holding between 1M to 10M XRP have ramped up their holdings by over 37%, injecting a massive $3.8 billion worth of XRP into their portfolios. 

And the buying spree doesn’t stop there either. Just over the week, wallets holding 100M to 1B XRP acquired an additional 1.09 billion tokens.

Why does this matter? Well, XRP’s “Trump pump” began exactly when these big wallets started accumulating, and in under a month, XRP surged to $2.80 – Marking a staggering 351

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Author: Ripley G