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XRP whales boost holdings by 380M tokens as price nears $1.06 resistance, signaling potential breakout.

Technical Signals
10 Aug 2026, 12:39 WIB
Blockonomi
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Bullish
XRP whales boost holdings by 380M tokens as price nears $1.06 resistance, signaling potential breakout.

XRP whale accumulation increased by 380 million tokens in one week, raising large-holder totals to 8.13 billion XRP. The price is currently near $1, with resistance at $1.06; a breakout above this level could target $1.35 and $1.64. Analyst Ali Martinez highlighted a bullish TD Sequential buy signal on XRP’s monthly chart, historically preceding major rallies. Ripple released 1 billion XRP from escrow on August 1 but returned 700 million, reducing new supply and potentially easing selling pressure. Whale buying below resistance suggests confidence ahead of possible price gains.

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