%20[16-1750085336436.21.21,%2016%20Jun,%202025].png)
XRP Eyes $3.00 Breakout as On-Chain Surge Signals Whales Are Back
Hey everyone, I want to talk about something pretty exciting happening in the crypto space right now—specifically around XRP. If you’ve been watching the charts lately, you’ve probably noticed the growing buzz. XRP is showing signs of a strong technical breakout, and the fundamentals are aligning in a way that could push its price toward the $3.00 mark in the near term.
Let’s start with the big picture. XRP is currently trading around $2.28, already up over 5% today alone. That’s impressive by itself, but when you dig deeper into the data, things get even more interesting. There’s been a huge spike—about 50%—in on-chain activity, with over 1.34 million payments processed in a single day. That’s not just noise. Historically, when XRP shows this kind of network activity, it often foreshadows major price moves.
Also Read:- Netherlands Edge Nepal in a Super Over Thriller at Scotland T20I Tri-Series
- Netgem and DAZN Team Up to Redefine Sports Streaming Access
Technical indicators are backing this momentum. XRP has been finding strong support at $2.09, bolstered by the 200-day exponential moving average. And now, we're seeing a bullish crossover potential with the MACD and RSI indicators climbing above the midline, suggesting that buyers are gaining control. Plus, price compression between major EMAs is creating a classic volatility squeeze—a setup that often leads to explosive moves.
Whale activity is another key factor here. Wallets holding between 1 million and 10 million XRP have been steadily accumulating, now holding 9.9% of the total supply—up from just over 8% earlier this year. That kind of sustained buying from high-volume holders is typically a very bullish signal. It tells us the big players see value here, even amid geopolitical risks and market uncertainty.
Institutional investors are also getting in on the action. CoinShares reported nearly $12 million in new inflows into XRP-related products last week. And interestingly, Guggenheim has just adopted the XRP Ledger, which could open the doors to even more institutional usage.
Looking ahead, the key resistance range lies between $2.32 and $2.40. If XRP can close above this zone with convincing volume, we could realistically see a run toward $2.65 or even $3.00. That would represent a 32% gain from current levels. On the flip side, if momentum stalls, a retest of $2.00 could happen, so it’s still important to manage risk.
So, in short, we’re at a critical moment. XRP’s technical structure is tightening, on-chain metrics are flashing green, and whales are loading up. Whether you're holding, trading, or just observing, XRP is definitely one to watch right now.
Read More:
0 Comments