XRP price prediction: Will whale buying be enough to push it past $1.20?

XRP whales accumulated 70 million tokens, and Binance's long/short ratio hit 3.44, but the altcoin failed to breach the $1.20 supply zone. Analyst PelinayPA noted neutral funding rates and balanced liquidations, suggesting no major squeeze. A $102.2 million short leverage buildup to $1.202 contrasts with $61.17 million long leverage, indicating potential overhead liquidity draw.