Recently, XRP whales have seized the opportunity to accumulate 520 million tokens amid a market dip, showcasing a possible bullish trend. Yet, XRP is trading below critical resistance levels, raising questions about the longevity of this accumulation.

Currently priced at 2.45 USD, XRP still sits below its 50-day moving average of 2.61 USD. The trajectory of XRP will depend significantly on broader market sentiment and continued whale activity.