XRP Soars Past $2.6—But Are These Hidden Inflows the Real Story?

XRP just blasted past $2.6—another milestone in its rollercoaster ride. But while retail traders cheer, smart money might be eyeing a stealthier play.

Behind the price pump: Whale-sized inflows are quietly stacking up elsewhere. Are institutions front-running the next leg up—or preparing to dump bags on overeager bulls?

Funny how crypto’s ‘decentralized’ darlings still move when VCs sneeze. Stay sharp—this market rewards paranoia.

Key Takeaways

XRP broke out of the consolidation pattern it has traded within since February, giving traders and investors a good reason to buy the altcoin in expectation of further growth in the coming weeks.

XRP managed to break out of a long-term consolidation pattern and appeared to be flying higher on the price charts, at press time. The crypto market was highly bullish, with Bitcoin [BTC] in price discovery and hitting new all-time highs. The market’s altcoins followed suit too, managing to climb past a $1.25 trillion market cap.

This is an interesting development because this resistance has held the alts back since February 2025. Over the past two weeks, Bitcoin Dominance dropped from 65.9% to 64.46%. Together, these factors can help explain why large-cap altcoins like XRP have newfound bullish conviction since late June.

Reasons why XRP is primed for further gains

Source: Ali on X

In a post on X, crypto analyst Ali Martinez described a symmetrical triangle chart pattern for XRP, one that stretched back to 2018. According to the Chart Pattern Encyclopedia, a breakout from this pattern would measure a good chunk of the triangle apex. Using those figures, a price target of $16.17 can be expected for XRP.

This WOULD bring the token’s market cap close to $1 trillion. Now, while this may be a figure that is far too optimistic, XRP could extend its gains toward the $6-level next.

Source: XRP/USDT on TradingView

The 1-day chart highlighted a range formation since March 2025. The $2.6 range high was breached recently. Moreover, the market structure on both the daily and weekly charts was bullish. The weekly swing points were marked in orange at $1.61 and $3.4. Its MOVE past the $2.65 high (dotted orange) represented a bullish structure break on the 1-week timeframe.

On the daily timeframe, a move beyond $2.33 on 09 July confirmed a bullish structure. The CMF underlined strong capital inflows with a reading of +0.05 at the time of writing. The MACD also climbed higher to signal bullish momentum.

The breakout past $2.6 hinted that the $3 and $3.3-levels would be the next price targets. Meanwhile, a retest of the $2.6-level should see a bullish reaction from the price. Long-term investors can use this breakout to add XRP to their holdings and expect further gains in the coming months.

A $70 million inflow of XRP to the centralized exchange Coinbase may be a worrisome development though. Especially since it alluded to the potential for intense selling pressure in the coming days, something traders should be careful of.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion