Usman Salis
XRP (Ripple) is trading at $3.25 with solid momentum building for more upside. Despite recent whale activity, the token shows strong institutional backing.
XRP Gains Steam After SEC Victory
XRP is up 0.92% in 24 hours but the real story is the 8% weekly gain and 17% bounce from monthly lows. The token hit $3.35 before pulling back, with market cap at $192.2 billion and volume surging 22% to $10.3 billion.
The rally is driven by the broader crypto market strength and Ripple's SEC lawsuit resolution, which removed years of regulatory uncertainty.
Why XRP (Ripple)Could Rally Further
Here's the interesting part: whales bought over 900 million XRP tokens recently, reversing last week's selling trend. This massive accumulation signals smart money expects higher prices.
VivoPower, a Nasdaq-listed company, plans to buy up to $100 million worth of XRP for treasury. Plus, analysts put 95% odds on XRP ETF approval this year - that could trigger massive institutional inflows.
XRP Price Prediction: Key Levels to Watch
Technically, XRP sits above all major moving averages. Support at $3.14 (20-day EMA) and $2.93 (50-day EMA). The $3.35-$3.40 resistance is crucial - break above targets $3.60 and possibly July's $3.75 high.
RSI at 56.9 leaves room for more gains. XRP futures volume jumped 29% to $14.12 billion while options volume exploded 250% - traders are positioning for big moves.
Usman Salis
