XRP Defies Gravity at $2.80 as Whales Gobble Up $1B – Is $4 the Next Stop?

XRP isn't just holding—it's drawing a line in the sand at $2.80 while crypto's biggest players make moves worth nearly a billion dollars.

Whales Dive Deep

That massive accumulation isn't random. It signals confidence, or at least very expensive speculation. When wallets that size wake up, markets tend to listen.

The $4 Question

Could this be the launchpad for a run toward $4? Momentum builds on support holds and volume surges—both are checking out nicely. But in crypto, 'nice' has a shorter shelf life than a meme coin.

Remember: past performance is the favorite fairy tale of every finance bro with a chart and a dream.

Technical Setup Points XRP Toward $4

From a technical perspective, XRP’s immediate support lies between $2.75–$2.77, with resistance seen at $2.80–$2.87. Analysts note that a close above $2.87 could open the path toward $3.30, a critical breakout zone that could trigger further momentum.

Momentum indicators back the bullish case. The Relative Strength Index (RSI) has dipped into oversold territory, while MACD compression hints at a potential bullish crossover.

On the charts, XRP is consolidating inside a symmetrical triangle pattern, similar to formations that preceded explosive rallies in 2017. Liquidity maps show clusters of activity extending to $4.00, indicating possible targets if the breakout materializes.

The contrasting behavior between whales and institutions is shaping market dynamics. While institutions have offloaded nearly $2 billion in XRP since July, whale absorption of 340 million tokens suggests confidence in the token’s longer-term trajectory.

Funding rates have also flipped positive, and open interest in XRP derivatives now stands above $8 billion, signaling that traders are positioning for upward moves. If buying pressure holds and September’s seasonal weakness is overcome, XRP could mount a recovery rally toward the $4 region.

XRP’s ability to defend $2.80, supported by nearly $1 billion in whale accumulation, strengthens the case for a potential breakout. If resistance levels fall, a run toward $4 may be closer than many expect, though September volatility and regulatory headwinds remain key risks.

Cover image from ChatGPT, XRPUSD chart from Tradingview