Will XRP Reach $2.50 This Sunday? Whale Transaction Adds Fuel to Momentum

XRP is showing signs of renewed momentum as it attempts to break above its 50-day Exponential Moving Average (EMA) at around $2.198. Analysts believe a successful breakout could send XRP towards the $2.80 resistance level. A recent $126 million whale transaction on Bitstamp adds further fuel to this speculation. Technical indicators, such as Bollinger Bands and MACD, also suggest an imminent strong move in price. 6% gains were seen over the past week, while hitting a high of $2.22 yesterday.