XRP Price Surge Continues as Whales Drive Activity

XRP's price has surged nearly 8% in a week after reclaiming the $1.13 support level, according to recent data.

The cryptocurrency bounced back from $1.03 and saw trading volumes up by 62%, indicating growing interest in XRP.

Despite a 55% drop in ETF inflows in June, on-chain data suggests that whales are increasing their activity, potentially setting the stage for a price recovery towards $1.50.

However, if selling pressure returns, XRP's price could fall to $0.80, highlighting the uncertain near-term trend.