Whales are making big moves to start the year, snapping up over 3 billion XRP tokens in just 24 hours as crypto prices push higher.
This surge in accumulation could be a strong signal, raising the odds of a bullish XRP price prediction in the near term.
January has often been a favorable month for altcoins.
Data from CoinGlass shows that Ethereum (ETH), the top altcoin, has closed the month with gains in 5 of the past 9 years, hinting at a possible repeat performance across the market.
Deep-pocketed participants may be positioning their portfolios to benefit from this trend if history repeats.
According to data from Santiment, whales holding over 1 billion tokens added $3.6 billion worth of XRP between December 31 and January, pushing the total of XRP they own to 27.47 billion tokens.
Although smaller whales have been progressively dumping the asset, bigger ones are accumulating, signaling a strong shift in sentiment.
XRP Price Prediction: Crossing $1.90 Could Set the Stage for an Explosive Move Upwards
XRP has increased by 2.5% over the past 24 hours. Trading volumes are still relatively low, accounting for just 1.5% of the token’s circulating market cap.
The $1.90 level is the key resistance to watch as a move above would invalidate the token’s bearish price structure.
Such a trend reversal could mark the beginning of a strong move to $3. Since seasonality favors a bullish outlook, this could be a strong month for XRP from a statistical standpoint.
Meanwhile, the Relative Strength Index has just flipped bullish by moving above its 14-day average, a signal that often marks the start of broader altcoin recoveries.
If that momentum carries through, early-stage presales like Bitcoin Hyper ($HYPER) could move first, especially as it brings Solana’s speed and low costs to Bitcoin’s secure network, while the window to get in early is still open.
Bitcoin Hyper ($HYPER) Raises $30M as Investors Bet on the Future of a Scalable Bitcoin
The Bitcoin network has long struggled to grow beyond simple transactions, limited by slow speeds and high costs.
Bitcoin Hyper ($HYPER) is breaking that barrier, raising over $30 million to build the first true Layer 2 for Bitcoin, one that can handle thousands of transactions at lightning speed and minimal cost.
Powered by Solana’s high-performance tech, Bitcoin Hyper lets developers launch advanced dApps directly connected to Bitcoin, without forcing users to move their assets off the original chain.
It’s a massive leap for Bitcoin utility, and investors are rushing in before it goes live.
The Hyper Bridge is designed to receive BTC tokens in a designated Bitcoin wallet and mint the corresponding amount in the Hyper L2 almost instantly.
Once in there, investors can earn yield, stake, and lend their assets. They will also get access to a growing list of DeFi apps, payment platforms, and even meme coin launchpads.
The demand for $HYPER, the protocol’s native asset, should skyrocket as adoption accelerates.
To buy $HYPER and seize this opportunity, simply head to the official Bitcoin Hyper website and link up a compatible wallet (e.g. Best Wallet).
You can either swap USDT or SOL for this token or use a bank card to invest in seconds.
Visit the Official Bitcoin Hyper Website Here
The post XRP Price Prediction: Whales Load Up With $3.6B as Chart Flips Bullish – Is This the Bottom Everyone Missed? appeared first on Cryptonews.
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