XRP Surpasses Previous High Amid Rising Volume and Whale Accumulation, Indicating Potential Phase 4 Growth
2025-07-11 06:46:18
Main Idea
XRP has surpassed its previous all-time high, supported by increased trading volume and whale accumulation, indicating strong bullish momentum and potential for further growth.
Key Points
1. XRP broke its all-time high near $2.40, with a 15.94% increase in trading volume reaching $4.74 billion.
2. Large XRP holders (whales) control approximately 47.32 billion tokens, with a notable transfer of 200 million XRP ($477 million) from Ripple.
3. Technical analysis confirms a breakout from a long-term triangle pattern, with a Fibonacci extension target at $21.5.
4. The volume-to-market cap ratio of 3.3% reflects strong market recognition of XRP's growth potential.
5. Market enthusiasm is evident as XRP holds above the $2.40 level, suggesting further investment inflows.
Description
XRP has surged past its previous all-time high, marking the beginning of a significant bullish phase characterized by increased volume and strong whale accumulation. Market data reveals that large holders
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