XRP price data indicates that the current correction is a buy-the-dip opportunity for whales and displays the altcoin’s potential to move higher.
XRP (XRP) price has dropped significantly over the last seven days, dipping as low as $2.16 on Dec. 5. Its price is down as much as 16% from its multi-year highs of around $2.90 to the current levels of about $2.39.
XRP/USD daily chart. Source: Cointelegraph/TradingView
Despite the pullback, there are three data points supporting XRP’s upside, including whale accumulation, increased network activity and a strong market setup.
