#xrp Whales Accumulate 16.5M Tokens as Price Slides Toward $1.15.
XRP has come under renewed selling pressure, falling toward $1.15, its lowest level in several months. However, on-chain data highlighted by analyst Ali Martinez suggests large holders have been buying the dip, accumulating approximately 16.5 million $XRP during the latest decline.
Other indicators are also showing signs of improving demand. The 14-day average of Binance’s Taker Buy/Sell Ratio is moving back toward 1.0, suggesting aggressive buying pressure is recovering even as the market price continues to weaken. Meanwhile, social sentiment around XRP has reportedly dropped to its lowest level since July.
Analysts remain divided on whether the bottom is already in. Celal Kucuker sees a possible further decline toward $1.05–$1.10 before a reversal, while Dark Defender identifies $1.12 as a key support level. CrediBULL Crypto, meanwhile, expects the next major move to be a rally of more than 40%.
For now, whale accumulation and improving buying pressure offer encouraging signals, but they do not confirm a trend reversal. XRP still needs to defend key support and reclaim its descending trendline before a stronger recovery can be established. Targets such as $4.15 remain speculative rather than confirmed price objectives.
XRP has come under renewed selling pressure, falling toward $1.15, its lowest level in several months. However, on-chain data highlighted by analyst Ali Martinez suggests large holders have been buying the dip, accumulating approximately 16.5 million $XRP during the latest decline.
Other indicators are also showing signs of improving demand. The 14-day average of Binance’s Taker Buy/Sell Ratio is moving back toward 1.0, suggesting aggressive buying pressure is recovering even as the market price continues to weaken. Meanwhile, social sentiment around XRP has reportedly dropped to its lowest level since July.
Analysts remain divided on whether the bottom is already in. Celal Kucuker sees a possible further decline toward $1.05–$1.10 before a reversal, while Dark Defender identifies $1.12 as a key support level. CrediBULL Crypto, meanwhile, expects the next major move to be a rally of more than 40%.
For now, whale accumulation and improving buying pressure offer encouraging signals, but they do not confirm a trend reversal. XRP still needs to defend key support and reclaim its descending trendline before a stronger recovery can be established. Targets such as $4.15 remain speculative rather than confirmed price objectives.
