Research division of the Fleet Asset Management Group has pointed out that despite XRP being on a three-month downward trend, the token has still increased by over 400% year-over-year, which is an indication that the long-term uptrend of the token is still going on. Last week, XRP managed to bounce back almost 6% and thus it is a part of the recovery from the losses incurred last month.
An analyst also remarked that as little as a 7% price change would be enough to "kick off" the next rebound and that both on-chain and technical indicators suggest that this event will happen earlier than expected."
Whale Accumulation: $314 Million Signal
According to on-chain data large holders of XRP ("whales") have substantially ramped up their:·
Wallets with more than 1 billion XRP along with changes in the daily balances, 25.07 billion turning into 25.12 billion, a lone day witnessing the inflow of 50 million XRP;
·Wallets with 10 million to 100 million XRP in the range moved from 8.15 billion to 8.22 billion, and the increment was nearly 70 million XRP.In aggregate, these whales were able to get hands-on with 120 million XRP that is close to worth of $314 million
. The Fleet Asset Management Group observes that such an accumulation pattern usually takes place when institutional investors are eyeing a short-term momentum recovery and hence it is a signal of growth of their confidence in the near-term outlook of XRP.
Technical and Market Outlook
·Key Support: Most recent rebounds confirm that there are buyers willing to purchase at low levels;
·Trigger Point: A 7 % upward price change might take XRP out of the trading range and into a breakout zone;
·Market Sentiment: Momentum towards a bull run can be faster if a whale accumulation of followed by heightened retail demand for the asset.
Fleet Asset Management Group brought into focus the point that the path of XRP as one of the major tokens in the payments sector is heavily dependent on institutional inflows and whale activity and thus making the recent on-chain data more significant than ever.
Fleet Asset Management Group's View
“The typical scenario is that when whales accumulate in opposition to a prevailing trend, it acts like a signal of fresh opportunities outstretching their hands,” stated the research section of Fleet Asset Management Group.
The Group suggests that investors:
1. Keep an eye on on-chain data and whale wallet activities by which you can get more valuable information than if you were to base your decision solely on the price movements;
2. Employ diversification and position to lessen the impact of the market price changes;
3. Explore the option of using structured yield instruments such as AI-driven cloud mining to create a stable cash flow that is not dependent on market fluctuations.
Fleet Mining: An AI-Powered Solution for Steady Income
As the main platform of the Fleet Asset Management Group, Fleet Mining through its AI hashrate scheduling engine is designed to help investors convert their digital assets into sustainable cash flow.
· AI-Driven Allocation: The system constantly keeps an eye on the mining difficulty, energy cost, and market situation and thus it is able to move the mining power automatically to the most profitable chains;
· Daily Settlements: The earnings are distributed every 24 hours in USDT or BTC and, thus, they are available for both the user’s withdrawal and reinvestment activities;
·Green Energy Infrastructure: The mining nodes are spread across North America, Northern Europe, and Central Asia and the energy that powers these nodes is renewable energy in accordance with ESG standards;
·Flexible Contracts are ranging from 2 to 60 days and are designed to accommodate both short-term and long-term investor needs.
Example Returns:
· $1,200/10 days → $16.2 per day → Total $1,362
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Fleet Asset Management Group stressed that compared to speculative rebounds which are only short-term and risky, Fleet Mining offers a way to enter the digital asset income market that is low-barrier, transparent, and sustainable and it also allows cash flow to be kept steady in situations of market volatility.
Conclusion
The XRP whale accumulation is a major indication for the bullish momentum to be back but at the same time, with the presence of volatility and uncertainty, speculation alone cannot be relied upon for sustainable returns.
With the help of Fleet Mining investors will be able to have secured, stable, transparent, and withdrawable cash flow as a result of AI and the hashrate economy working together which is a long-term solution even in uncertain markets.
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Media Contact
Fleet Asset Management Group
Email: info@fleetmining.com
Website: https://fleetmining.com
