XRP Targets $2.35 Surge as Smart Money Triggers Bullish Frenzy

XRP's rally isn't just retail FOMO—smart money's piling in, and the charts scream upside.

Breaking Down the Momentum

Whale accumulations and futures open interest suggest institutional players are positioning for a run at $2.35. The last time XRP saw these levels, the SEC was still trying to figure out whether a Telegram was an app or a crypto project.

Liquidity Pools Flash Green

Order book data shows thin resistance until the $1.90 zone—if that breaks, the path to $2.35 becomes a liquidity highway. Market makers love these setups almost as much as they love 'unexpected' flash crashes.

The Cynical Take

Of course, this could all be another 'bull trap' for overleveraged degens. But hey—at least it's more exciting than watching traditional finance bots fight over basis points.

XRP Flashes Bullish Signals as Smart Money Eyes More Gains

Since late June, the steady rise in XRP’s Smart Money Index (SMI) suggests that ‘smart money’ is re-entering the market and positioning for potential upside. Readings from this indicator show that its value has risen by 10% since June 22.

Smart money refers to capital controlled by institutional investors or experienced traders who understand market trends and timing more deeply. The SMI tracks the behavior of these investors by analyzing intraday price movements.  Specifically, it measures selling in the morning (when retail traders dominate) versus buying in the afternoon (when institutions are more active). 

A rising SMI like this signals that smart money is accumulating an asset, often ahead of major price moves. 

In XRP’s case, the recent uptick in its SMI since June 22 suggests that seasoned investors are quietly accumulating the token. This could be potentially in anticipation of a larger rally as speculation around a spot XRP ETF continues to gain momentum.

Further, XRP’s Parabolic Stop and Reverse (SAR) confirms this bullish outlook. As of this writing, the dots that comprise the indicator rest under XRP’s price, offering dynamic support at $1.99.

An asset’s Parabolic SAR indicator identifies potential trend direction and reversals. When its dots are placed under an asset’s price, the market is in an uptrend. It indicates that an asset is witnessing bullish momentum, and its price could continue to rally if buying persists. 

Smart Money Accumulation May Spark Breakout

At press time, XRP trades at $2.21, noting a 0.14% decline over the past day amid the broader market’s pullback. If the buying activity from smart investors strengthens, XPR could reverse its downtrend and climb toward $2.35.

However, if the bears retain control, they could drive a further xrp price dip to $2.14. They can also further push the price below $2.