Whale Moves XRP: Is a $3 Breakout on the Horizon? 🐳💰

by

TL;DR

  • Analyst sees 2017-style pattern forming in XRP chart, supported by bullish RSI crossover.
  • XRP sits 14% below its all-time high as ETF speculation boosts volume and trading interest.

Large XRP Transfer Sparks Interest

A wallet, no doubt belonging to some wealthy soul, moved 25.5 million XRP, worth around $73.6 million, to Coinbase. The transfer, as grand as a ball at the Winter Palace, was spotted by Whale Alert and quickly caught the attention of the crypto community. XRP was trading at $2.92 at the time of writing, a price that would make even the most stoic of traders raise an eyebrow.

25,526,865 #XRP (73,649,849 USD) transferred from unknown wallet to #Coinbase

— Whale Alert (@whale_alert) July 15, 2025

Over the past day, XRP has increased by around 2%, a modest gain in the grand scheme of things, but the weekly gain now stands at more than 26%. Trading volume remains high, with over $6.2 billion in activity during the last 24 hours. The size and timing of this transfer may suggest that the whales are positioning themselves for some grand market event, much like a bear preparing for hibernation.

Analysts Track Technical Pattern

Crypto analyst JD, a man of keen insight and sharp wit, pointed to a familiar setup in XRP’s price action. He said the current move resembles the 2017 pattern that led to a major breakout, a pattern as predictable as the changing of the seasons. JD noted,

“I called the $0.28 bottom; I’m calling the top next.”

Interestingly, the chart shows XRP breaking above a large triangle and consolidating, a formation as elegant as a ballroom dance. The Stochastic RSI shows a bullish cross, with hidden divergence also in play. If the current structure holds, traders expect a strong move upward, much like a carriage racing through the night to deliver a message of great importance.

ETF Launch Seen as Catalyst

ProShares is set to launch its futures XRP ETF on July 18, a date that looms like a storm on the horizon. This has led to more active trading near key price zones, with desks shifting between $2.85 and $2.93, and $3.00 acting as a key resistance, a barrier as formidable as the walls of a fortress. Some firms are holding off on full exposure due to regulatory uncertainty, a caution as wise as a general preparing for battle. ETF flows are expected to give a clearer picture of institutional demand in the coming days, a revelation as anticipated as the arrival of a long-lost relative.

XRP’s price is now within 14% of its all-time high, last reached in January 2018 and retested in 2025. Traders expect the next move to attempt to break that level, a challenge as daunting as scaling a mountain. RLUSD, an enterprise-focused stablecoin, recently passed $500 million in market cap, adding to XRP’s growing ecosystem, a development as significant as the signing of a peace treaty.

Read More

2025-07-16 12:38