XRP completed a double golden cross on its 2-hour and 4-hour charts, with the 50-day moving average crossing above the 200-day moving average on both timeframes. The price reached a high of $1.16 on Tuesday, marking five straight days of gains since July 17, surpassing the $1.13 resistance level with the next target at $1.30. According to Santiment, whales holding between 100,000 and 100 million XRP accumulated over 2.8% more coins over five weeks, while micro wallets holding less than 0.01 XRP dumped 5.2% during the same period. Institutional access through XRP ETF products and continued XRPL utility around payments, tokenization, and RLUSD are supporting the bullish case.
Source: Read the original article
