Saad Ullah
The XRP market is showing strong signs of institutional interest as large investors pour nearly a billion dollars into the cryptocurrency. This massive accumulation, combined with technical patterns, suggests XRP might be preparing for its next major price movement.
XRP Price Gains Strength with Whale Accumulation
Big money is moving into XRP. In just two weeks, whales have bought up 340 million XRP tokens worth almost $962 million. Even more telling, investors pulled over $268 million worth of XRP off exchanges – a classic bullish signal since coins held in wallets are less likely to get dumped.
Trader @Davide_Martini0 noticed something interesting: Open Interest jumped to $8 billion while funding rates went positive. This usually means traders are getting more optimistic, even though the price is still stuck in a narrow range.
XRP Price Coils at $2.80 Support
Looking at the charts, XRP is forming what traders call a symmetrical triangle, with solid support around $2.80. These patterns often lead to sharp moves once buying volume picks up.
If buyers keep stepping in at higher prices, a break above $3.20 could send XRP shooting toward $4.00–$4.20. But if it drops below $2.70 and stays there, the bullish setup might fall apart – though all that whale buying suggests there's strong demand underneath.
Will XRP Price Hit $4.00 Soon?
If things go well, XRP could jump nearly 40% from here, hitting levels we haven't seen since 2021. Ripple keeps expanding its payment network, and more institutions want blockchain-based money transfers, which backs up the technical picture.
Many analysts think the combo of whale activity, positive sentiment, and tight price action is setting up for a big move. Whether traders jump in early or wait for confirmation, the risk-reward looks pretty good for XRP right now.
XRP price is consolidating near key support while whales load up. With nearly a billion dollars' worth of XRP absorbed, the stage may be set for a run to $4.00.
Saad Ullah
