XRP (XRP) Price Skyrockets 6% as Whale Movements and Surging Volume Ignite Rally

XRP just woke up—and it’s hungry. A 6% price surge today signals big players are making moves, backed by a volume spike that’s turning heads.

Whales are circling. The sudden uptick in large transactions suggests institutional interest or a coordinated pump—take your pick. Either way, liquidity’s flowing, and retail’s scrambling to catch the wave.

Volume tells the story. When XRP’s trading activity jumps, it’s rarely a fluke. This could be the start of a broader breakout… or another classic crypto fakeout before the next ‘correction.’

Pro tip: Watch for follow-through. Crypto’s favorite ‘unregistered security’ loves a dramatic entrance—just don’t expect Wall Street to applaud. Yet.

TLDR

• XRP surged nearly 6% in a late-session breakout with volume hitting 108.12 million, four times the hourly average
• Whale wallets moved hundreds of millions in XRP, including $58 million to Coinbase and $439 million by Ripple to unknown wallet
• Price established new support above $2.20 after trading in $0.056 range from $2.173 to $2.229 over 24 hours
• Google Trends shows rising searches for “XRP to $3” indicating growing retail interest
• Technical analysis shows bullish trend line forming with support at $2.1320 and resistance at $2.220-$2.250 levels

XRP experienced a sharp rally in recent trading sessions, climbing nearly 6% during a late-session breakout that caught many traders by surprise. The digital asset moved from $2.19 to $2.20 in the final hour of trading.

The surge came with explosive volume that reached 108.12 million XRP. This represented nearly four times the typical hourly average for the token.

Price action showed XRP trading within a tight $0.056 range over 24 hours. The token moved between $2.173 and $2.229 during this period.

The breakout began at 01:28 UTC when XRP started climbing above $2.19. Volume exploded between 01:33 and 01:34, reaching peaks of 2.7 million XRP per minute.

XRP hit a session high of $2.23 before pulling back slightly. The token then consolidated between $2.19 and $2.20.

Whale Activity Drives Market Movement

Large wallet movements occurred alongside the price rally. Whale wallets transferred hundreds of millions of dollars worth of XRP during the surge.

One transfer involved $58 million worth of XRP moving to Coinbase. Another transaction saw Ripple move $439 million to an unidentified wallet.

Despite these typically bearish whale movements, XRP maintained strong demand. The market absorbed the selling pressure without breaking down.

Support levels held firm at $2.17 during the volatility. This indicated underlying strength in the asset despite the large transfers.

Technical Levels Show Bullish Structure

Current technical analysis reveals XRP trading above key moving averages. The price sits above the 100-hourly Simple Moving Average.

A bullish trend line has formed with support at $2.1320. This provides a clear level for traders to watch on any pullbacks.

Resistance appears at the $2.220 level based on recent price action. The next major resistance sits at $2.250.

If XRP clears $2.320, analysts see potential targets at $2.40. Further gains could push the token toward $2.480 or even $2.50.

The RSI indicator now trades above the 50 level. The MACD shows momentum building in bullish territory.

Downside support remains at $2.150 if selling pressure increases. The trend line support at $2.1320 provides another key level.

A break below $2.1320 could see XRP decline toward $2.050. This level aligns with the 50% Fibonacci retracement of the recent upward move.

Google Trends data shows searches for “XRP to $3” have increased. This indicates growing retail interest in the token’s potential upside.

The Ripple versus SEC case continues to influence XRP’s price outlook. Regulatory clarity could serve as a catalyst for future moves.

XRP currently trades above the $2.20 support level established during the recent breakout session.