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Whales might be key to XRP’s intended breach of $1.5
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A month ago, when XRP’s price remained stagnant around the $1-mark, people from the space had started equating the crypto to a stablecoin. Post that episode, however, XRP registered a 42% spike on its chart over a 15-day period between 27 October and 10 November.
Micro-trends seldom remain consistent in the crypto-space. Keeping up with that tradition, XRP ended up dipping from its 2-month high level of $1.3, only to record a local low of $1.04 on 16 November.
XRP/USDT || Source: TradingView
XRP whales, once deemed to be missing from action, have gradually started making their presence felt now. Just a day back, for instance, a particular whale transferred over 12.7 million XRP tokens worth around $14 million from the medium-tier CoinOne
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