XRP Eyes $1.35 as Major Whale Selling Slows Down

XRP is gaining momentum as selling pressure from large investors continues to fade. Data shows that these major holders are sending fewer tokens to Binance than at any point since the start of the year. This decrease in exchange deposits typically signals that whales are less interested in liquidating their positions at current levels.

Market analyst Ali Martinez notes that the asset is positioning itself for a larger move. If the price manages to hold a firm break above the key $1.13 resistance level, the technical setup suggests a potential climb toward $1.35.

Traders are now watching the $1.13 mark closely. A successful hold above this price would confirm that the current cooling of whale selling is enough to support a stronger uptrend. If momentum holds, XRP may see the target price soon.