XRP whales accumulate more than 470 million tokens in five days

  • XRP whales accumulated more than 470 million XRP over five days, Ali Charts reported.
  • XRP traded at $1.55 after rising 5.93% in 24 hours and 16.42% in seven days.
  • EGRAG Crypto identified RSI 53 and RSI 47 as key momentum levels for XRP.

XRP whales accumulated more than 470 million XRP worth about $724 million over five days, according to Ali Charts data, as the token’s daily chart approached the $1.60 neckline of an inverse head-and-shoulders pattern. XRP traded at $1.55, up 5.93% over 24 hours and 16.42% over seven days, with $4.39 billion in 24-hour trading volume, according to CoinGecko data at press time. Ali Charts reported whale holdings increased from 12.37 billion to 12.80 billion XRP between September 21 and 24, while the chart showed the token rising 27.6% from $1.25 to $1.58 before nearing the neckline. A decisive move above $1.60 would confirm the technical setup described by the chart, with a measured target near $2, although that remains a technical scenario rather than a guaranteed outcome. EGRAG Crypto is watching whether XRP’s RSI can reclaim and hold 53 above its moving average; failure to do so would put RSI 47 in focus as a potential reset level.

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XRP whales accumulate more than 470 million tokens in five days - CoinPost Terminal