Ripple’s XRP Is Bleeding, but Whales Are Buying: Are Bulls Preparing for a Violent Reversal

Several analysts are pointing to signs that buyers may already be positioning for what could become a long-anticipated reversal. Ripple’s native token has fallen toward $1.15 for the first time in several months, yet several indicators are starting to move in the opposite direction. Perhaps the most bullish factor is that whales are accumulating, aligned with recovering pressure, which has prompted multiple analysts to predict the current decline might be reaching its final stages. Bought The Dip According to popular analyst Ali Martinez, large holders returned to the XRP scene once again after the asset was rejected at $1.34 earlier this month and crashed to the aforementioned low of $1.15. On-chain data show whales have awakened during this period, accumulating nearly 16.5 million tokens. The analyst believes this creates a striking divergence between falling prices and growing large-wallet exposure. Fellow Ripple commentator BankXRP highlighted another potentially important divergence on Binance. The 14-day moving average of XRP’s Taker Buy/Sell Ratio is climbing back toward 1.0 even while the token’s price keeps dropping. The metric tracks aggressive buying relative to selling,...