XRP is witnessing increased whale activity as the cryptocurrency approaches its yearly lows. According to CryptoQuant, large holders are accumulating XRP despite a lack of retail buying interest. This strategic buying is reflected in the rising whale-driven volume on the network, even as prices decline.The XRP Spot Taker CVD has shifted to a taker-buy dominance, indicating stronger demand from large investors. Currently, XRP is trading below key moving averages, with potential support levels identified between $1.80 and $1.90 if the $2.00 mark is breached. For a trend reversal, bulls need to reclaim the 50-day moving average.XRP+1.30%Source:Show OriginalDisclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
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