XRP has surged over 10% twice in a single week, indicating a strong bullish trend. With a price of $2.86, XRP has surpassed its previous highs, driven by massive liquidations of short positions valued at $12.68 million.

Whales have significantly increased their XRP holdings, with wallets containing 1 million to 10 million XRP rising by 37%, equating to approximately $3.8 billion. Given the current momentum, XRP’s potential to break $3 appears strong.