Analyst: XRP whales accumulate over $724M in five days
- —Whales bought over 470 million XRP in five days
- —The accumulated amount is worth about $724 million
- —An inverse head-and-shoulders pattern is forming on the daily XRP chart
- —Analyst Ali sees a bullish breakout as potentially imminent
Why it matters: Heavy whale accumulation combined with a bullish chart pattern could set XRP up for a breakout if the setup confirms.
Source: PANews