XRP Whales Buy 380 Million Tokens Amid Price Stability

XRP is holding steady at the $1.00 mark this week. While the price action remains flat, major holders are taking advantage of the quiet period. Data shows that whales added more than 380 million XRP to their wallets in just seven days.

Analysts are watching key levels closely now. The asset currently sits on support at $0.99. If the price breaks upward, it faces resistance hurdles at $1.04, $1.09, and $1.35. Technical indicators like the Tom DeMark Sequential have also printed a monthly buy signal, which often suggests the current price levels might be attractive for long term buyers.

This accumulation phase is drawing attention because it signals confidence from big players despite the lack of recent price volatility. Traders should monitor the $1.04 level to see if the asset can gain enough momentum to break out of its current range.