June 19 (Cointime) - Despite the recent resurgence in the crypto market, Ripple (XRP) has struggled to surpass the $0.50 resistance level. However, on-chain data suggests that the next price rally could establish a slightly higher support level. XRP whales holding 10 million to 100 million coins have been buying up the cryptocurrency, indicating an imminent price gain. The growth in XRP's underlying network demand could lead to a potential target of $0.60 for the bullish whales, but a drop below $0.45 could invalidate this prediction.
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XRP Whales Accumulate Coins, Indicating Possible Price Rally to $0.60
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