- XRP is gaining traction as whales accumulate near the $3 mark, signaling strong support for a potential breakout.
- Analysts predict a possible rally to $4.47 if the price holds above critical support levels like $2.65.
XRP has pushed past the $3 level and is now trading at $3.24, signaling renewed bullish strength backed by heavy accumulation from large holders. With technical patterns flashing green and whales continuing to buy the dip, analysts believe the rally could extend toward $4.47 in the coming weeks.
XRP Whales Signal Confidence as Accumulation Grows
According to Santiment data, the number of wallets holding over one million XRP has surged to a record 2,743—a strong sign of institutional interest. These large holders are not cashing out; instead, they’re treating recent dips as buying opportunities. Their activity provides a support base, cushioning short-term corrections and signaling conviction in XRP’s long-term potential.
This level of accumulation often precedes price expansions, especially when paired with bullish technical setups.
Technical Patterns Point to $4.47 Target
Veteran trader Peter Brandt has identified a rare “continuation compound fulcrum” on XRP’s chart—an unusual but powerful formation that can lead to major breakouts. If this pattern plays out, Brandt believes XRP could rally to $4.47, marking a significant leap from current levels.
Key support remains at $2.65, a level that could act as a springboard if bulls continue to defend it. A breakout above $3.40 would likely open the door to further gains, with $4 as the next psychological barrier.
Short-Term Signals Remain Mixed
While XRP holds comfortably above its 20-day EMA, a negative divergence in the RSI suggests some caution in the short term. If the price dips below $2.49, XRP might move sideways between $2 and $3 before regaining upward pressure.
Still, as long as $2.65 holds and whales continue buying, the setup favors bulls.
At the time of writing, XRP is trading at $3.24, and the countdown to a potential breakout has already begun.
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