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XRP Price Forecast: Whales Accumulate 190M Tokens Despite "Death Cross" Jitters

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Summary
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64% Informative

XRP price risks a crash below $ 2 after a death cross signal appeared on the four-hour chart.

Despite the bearish chart pattern, whales are accumulating with 190 million tokens bought this week alone.

Optimism towards the end of the Ripple vs. SEC case and XRP ETF approval could be driving the whale accumulation.

The death cross first appeared on May 30 and since then, the 50-day SMA has sustained its downward slope.

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English

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