
$1.36 BILLION SCOOP: XRP WHALES CONFIRM DIP WAS A BUYING OPPORTUNITY, TARGETING $2.50!
XRP is staging a powerful recovery, soaring 8% in the last 24 hours after falling toward the $2.00 level. This rebound is not random; it is being orchestrated by large, sophisticated investors who viewed the recent market slump as the ideal time to buy. On-chain data confirms that this massive whale accumulation, totaling over $1.36 billion, has neutralized bearish momentum and set a clear target for a recovery to multi-week highs.
I. Whale Accumulation Confirms the Bottom
The catalyst for the swift recovery is a dramatic surge in buying from large entities:
- $1.36 Billion Inflow: Wallets holding between 100 million and 1 billion XRP aggressively accumulated a staggering 620 million XRP in just a few days. This massive capital injection, worth over $1.36 billion, indicates whales view the recent dip as a buying opportunity, reinforcing the floor near $2.00.
- Long-Term Confidence Returns: For the first time since mid-October, the HODLer Net Position Change indicator has flipped back into positive territory. This signals that long-term holders (LTHs) have stopped selling and have resumed accumulating, providing a stable foundation and dramatically reducing the likelihood of a major downside move.
II. The Recovery Roadmap: Holding $2.20 for a $2.50 Push
The intense whale buying successfully pushed XRP off its intra-day low and back to $2.20, a level that is now critical for the continuation of the rally.
- Support to Hold: The immediate focus is on holding $2.20 as a firm support level.
- First Resistance: Maintaining this support positions XRP to target the next resistance level at $2.36.
- Multi-Week High Target: A clean break above $2.36 could propel the price toward $2.50, which would mark the altcoin’s highest price in three weeks and confirm the strength of the whale-led reversal.
- Downside Risk: The bullish structure would be invalidated only if selling pressure overwhelms the whale accumulation, causing XRP to slip back below the $2.02 support level.
III. Final Verdict: Upside Potential Dominates
The short-term outlook for XRP is overwhelmingly bullish. The combined force of aggressive whale accumulation and the resumption of long-term holder buying provides a stable base against broader market volatility. With this renewed confidence, the upside potential toward $2.50 now significantly outweighs the downside risk, as sophisticated traders bet on the recent dip being the final shakeout before a December surge.