XRP Whale Activity Spurs Rally Amid $3 Price Speculation

XRP whale activity has ignited a fresh surge in market momentum, propelling the token upward despite substantial on-chain movements. This spike, bolstered by retail interest and technical confirmation, positions XRP for potential major gains as market analysts eye key breakout levels.

XRP experienced a near 6% price surge in a late-session breakout, driven by a dramatic volume increase that significantly exceeded the asset’s hourly average. This rally, which pushed prices confidently above the $2.20 mark, suggests the establishment of a new support level even amid massive whale movements.

Whale Movements Strengthen Bullish Sentiment

During the breakout, major XRP transfers were detected on-chain, totaling hundreds of millions of dollars. Notably, Ripple moved $439 million to an unknown wallet, alongside a separate whale transaction of $58 million to Coinbase. Despite typically bearish implications, these movements didn’t impact the token negatively. XRP held firm, underlining the market’s current resilience and enhancing confidence in upcoming bullish trends.

This strength comes as global risk appetite stabilizes, contributing to rebounds across broader crypto markets. XRP led this resurgence, with its move from $2.19 to $2.20 marking a significant shift in short-term sentiment.

Technical Breakout Fortified by Volume

The hourly trading volume during the XRP breakout surged to 108.12 million XRP—roughly four times the token’s average, pointing to notable capital deployment behind the price movement. Such a substantial volume burst confirms the technical legitimacy of the breakout, especially considering the timing and velocity of the move.

The rally kicked off at 01:28 UTC, with XRP pushing through the key $2.19 resistance. Just five minutes later, volume exploded, exceeding 2.7 million XRP per minute between 01:33–01:34. By 01:36, XRP had peaked at $2.21 before steadily consolidating just above $2.19, forming a healthy base for continued upward momentum.

Technical Overview: Key Levels and Price Behavior

• A 5.87% gain occurred within just one hour, lifting XRP from $2.19 to $2.20
• Peak session price reached $2.23 before stabilizing
• New support zone forming between $2.17 and $2.19
• Resistance now visible at $2.23
• Increased buying resumed post-02:00 UTC, supporting further upside

Throughout the 24-hour window, XRP fluctuated within a $0.056 range from $2.173 to $2.229. The late-session rally provided the only clear directional move, and the fact that prices maintained stability post-surge reinforces short-term bullish frameworks. Traders are now eyeing the $2.23 resistance as the next decisive challenge.

Retail Interest on the Rise

Alongside whale activity and bullish volume, retail curiosity is also spiking. Google Trends shows a rising search volume around “XRP to $3“, pointing to increased anticipation among retail investors. This spike in public interest often precedes short-term rallies and can serve as a gauge of broader market sentiment.

Some technical analysts are pinpointing the July through September period as a potential window for an extended breakout, with several models forecasting targets in the $3 to $5 territory—contingent largely on sustained buying activity and regulatory clarity.

Looking Ahead: Regulation Could Be the Game-Changer

While market dynamics and technical indicators offer strong signals, XRP’s forward path remains shadowed by the unresolved Ripple v. SEC case. A favorable regulatory decision could serve as the definitive trigger for the token’s next leg up, possibly propelling XRP into the long-anticipated $3–$5 range.

Related: Expert Advice: Sell XRP If You’re Confused

In essence, recent whale activity, robust technical support, and rising retail interest are fueling the optimism surrounding XRP. As the crypto market steadies and legal clarity remains in the balance, XRP appears poised for further attention—and possibly, acceleration.