XRP Price Analysis Hints Major Breakout as Whale-to-Exchange Metric Drops

For over a week, the XRP price analysis showcased a sluggish trend struggling to breach $0.64 resistance. This period of consolidation may be linked to market participants holding out for the expected settlement between Ripple and the U.S. Securities and Exchange Commission. Although there are no significant developments in the legal proceedings over weekends, a notable trend in whale activity suggests a potential upcoming rally. Here’s an explanation of how the price action forms a supportive bullish pattern.

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