XRP Whales Halt Selling As Bulls Eye $1.18

XRP is showing signs of a potential price rebound as large holders have stopped moving their coins to exchanges. Data shows that whale inflows have hit a two month low. This drop suggests that major investors are currently holding their positions rather than preparing to sell.

Reduced supply on exchanges often creates a positive environment for price growth. When fewer coins are available for sale, it takes less buying pressure to push the price upward. Traders are now watching the $1.18 level closely as a key target to beat for further momentum.

If XRP can hold its current support and break past that resistance point, we might see a more aggressive move. Market participants should keep an eye on exchange balances and whale activity in the coming days. A continued decrease in exchange supply could act as a catalyst for a stronger rally.