XRP News Today: XRP Bulls Eye $2.47 Target Amid Whale Accumulation

XRP, currently trading at $2.18, is holding support above the uptrend line at $2.15 and the 50-day exponential moving average (EMA). Bulls are in control, and a breakout above $2.25 could lead to further gains. The key support is at $2.20, with resistance at $2.25, followed by $2.35 and $2.47. The relative strength index (RSI) remains neutral at 56.9, indicating room for upside movement. A close above $2.26 could target $2.47 in the short term, while a break below $2.10 would weaken the bullish structure.

XRP whales have been accumulating, driven by the recovery in sentiment following the recent suspension of tariffs by the United States. This moratorium on new tariffs sparked a recovery in global markets, including cryptocurrencies.

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