A prominent cryptocurrency analyst with a large following on X has identified a crucial support level for Ripple’s current upward trend. The analyst highlights that $2.81 is key, with over 1.7 million tokens accumulated at this price point. This suggests significant whale activity, indicating a potential future pump in XRP’s market value. While the overall cryptocurrency market experienced volatility earlier this month due to the escalating trade war between US and China, as well as unexpected movements of US nuclear submarines, Ripple managed to defend its support line, allowing the asset to bounce back above $3.30 level where it has been holding strong. However, a significant accumulation by whales is further fueling optimism, with recent purchases exceeding $1 billion in value and another large transaction just days later.