Can XRP Whale Activity Push Prices Above $1.20?

XRP is currently capturing attention as traders watch for a breakout above the $1.20 resistance level. Market data indicates that whale addresses are increasing their positions, signaling strong interest from large holders at these current price points.

Technically, the asset faces a specific challenge. For the current four hour trend to turn definitively bullish, XRP needs a session close above $1.29. Reaching this mark would flip the current market structure and potentially provide the momentum needed to sustain higher valuations.

Whether this buying pressure will be enough to overcome sellers remains the big question for the week. Investors are watching closely to see if the support from large wallets can withstand short term volatility and clear the path for the next leg upward.