🔥 Ripple (XRP) Jumps 6% as Whale Wallets Add $120M Ahead of Key Court Update

🔥 Ripple (XRP) Jumps 6% as Whale Wallets Add $120M Ahead of Key Court Update | CryptoTruthRadar

🚀 XRP Price Surges on Sudden Whale Accumulation

Ripple’s native token XRP saw a sharp 6% intraday jump today after multiple whale wallets added nearly $120 million worth of XRP over the last 48 hours.

The buying spree comes just days before a major court update expected in the ongoing SEC vs Ripple case.

Traders believe whales are positioning early for a potential positive outcome.

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📊 Current Market Status

At the time of writing:

XRP Price: $1.48

24H Volume: Up 34%

Market Sentiment: Strong bullish

Major Resistance: $1.52

Support Level: $1.41

If XRP crosses $1.52, analysts expect a move toward $1.60.

🐋 Why Are Whales Buying XRP?

Blockchain trackers observed:

Several large wallets accumulating 10M+ XRP each

Old dormant wallets waking up

Increased transfer activity to private cold storage

Such movements typically signal long-term confidence in the asset.

Experts say whales usually buy when they expect strong news or momentum.

⚖️ Upcoming SEC Court Update

Reports suggest the court is preparing to release a procedural update related to Ripple’s ongoing legal battle with the SEC.

Although not a final ruling, positive language in the document could boost investor confidence.

XRP has historically reacted sharply to legal developments.

📈 XRP Short-Term Prediction (Next 24 Hours)

Analysts expect volatility around:

$1.45 – $1.58

A strong breakout above $1.52 may push XRP toward $1.60–$1.65.

If the market turns red, XRP may briefly test $1.41 before rebounding.

🌍 Market Impact

XRP’s sudden rally also boosted interest in:

XLM

ALGO

HBAR

These tokens usually spike when XRP shows strength, due to similar use cases and partnerships.

📢 Final Thoughts

Whale accumulation and rising volume suggest XRP is gearing up for a strong move.

All eyes are on the upcoming SEC update, which could shape XRP’s trend for the rest of the week.

Stay tuned for real-time crypto updates only on CryptoTruthRadar.

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