$XRP bulls could regain control and this cohort could be the driving force
XRP’s on-chain metrics didn’t particularly lean towards recovery. However, the altcoin’s price action and whales both showed signs of accumulation.
XRP enters a possible accumulation zone after previously lending favor to the bears.
Assessing whale activity in determining the price outcome this week.
It’s been almost four weeks since Ripple’s win against the SEC, which sent XRP soaring. That rally was short-lived and the cryptocurrency has gradually given up roughly half of the gains achieved on the day the announcement was made.