The meme token posts a late-session rally on Aug. 30–31, with whale and exchange flows highlighting ongoing institutional participation despite macro uncertainty.
Updated Aug 31, 2025, 5:34 a.m. Published Aug 31, 2025, 5:34 a.m.
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XRP Bullish Patterns Point to $5 as Korean Buyers Start to Accumulate
The token slips from $3.02 to $2.89 in the August 28–29 window on above-average volumes before recovering toward $2.83–$2.89 support zones. Oversold signals and whale accumulation offset persistent selling pressure
What to know:
- XRP fell 4.3% in 24 hours, with Korean exchanges absorbing 16 million XRP, indicating institutional demand.
- South Korea’s speculative trading history suggests regional demand is stabilizing XRP prices.
- Technical indicators show potential recovery momentum, with key support at $2.85–$2.86 and resistance at $3.02.
Source: https://www.coindesk.com/markets/2025/08/31/doge-rebounds-from-usd0-21-floor-cup-and-handle-pattern-targets-usd0-30