XRP defends key support as whales accumulate – Is $3.12 within reach?

XRP demonstrates a strong bullish sentiment driven by whale activity and ETF expectations. Recent withdrawals from exchanges indicate a confidence in accumulation rather than selling.

XRP is currently positioned near $2.49, facing resistance at $2.70. Support at $2.45 is crucial; breaking through could elevate prices towards $3.12.

The anticipation for ETF approval by mid-November is increasing institutional demand for XRP, potentially signaling the start of a significant upward price movement.

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