Whale investors in XRP experienced a capital outflow of $95 million between October 7 and October 14. However, there has been a positive shift in confidence as whale holdings increased from 8.86 billion to 9.01 billion between October 14 and October 19. This increase in holdings suggests a potential price rally for XRP above $0.50. The Parabolic SAR indicates a resistance level at $0.52, but a breakout could lead to a rally towards $0.55. On the downside, initial buying interest could be found at $0.47, with a potential buy-wall at $0.45 in a larger downtrend.
AI Sentiment: Positive