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XRP Whale Accumulation Signals End of Crypto Bear Market
Research firm CryptoQuant reports that large holders, or "whales," are increasing their positions in major cryptocurrencies such as Bitcoin, Ethereum and XRP as prices hover near or below their average purchase cost. Analyst Julio Moreno said this buildup reduces downward pressure and may mark the final phase of the current crypto bear market, noting that XRP’s on‑chain data still shows a calm accumulation pattern despite the token trading around $1.00‑$1.20.
Separately, technical analyst Erik Juffermans of Newsbit warns that XRP has lost a key support level near $1.05. He cautions that a breach could trigger a bearish scenario, potentially pushing the price down to $0.70 if the $1.00 psychological barrier fails to hold. Juffermans expects low trading volume and limited buying interest to hinder any short‑term recovery.
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Bitcoin · CryptoQuant · Erik Juffermans · Julio Moreno · XRP