XRP is trading at $3.29, up over 11.6% in the past 24 hours, while daily trading volume has surged a staggering 100% to $13.31 billion.
XRP is trading at $3.29, up over 11.6% in the past 24 hours, while daily trading volume has surged a staggering 100% to $13.31 billion. The bullish momentum has XRP just 14.75% shy of its all-time high (ATH) of $3.84, set back in 2017.
Whale Accumulation and Short Squeeze Fuel Price Action
In the past 24 hours alone, $28.92 million worth of XRP shorts were liquidated, as per Coinglass. Also, crypto analyst Ali Martinez revealed that whales have accumulated 2.20 billion XRP in the last two weeks.
Whales have bought 2.20 billion $XRP in the last two weeks! pic.twitter.com/qpZ2xK7G7J
— Ali (@ali_charts) July 16, 2025
The derivatives market also reflects rising speculative interest, with an 88.7% increase in trading volume, often a precursor to continued volatility and directional momentum.
XRP Price Analysis: Breakout Confirmation?
The 1-day chart for XRP shows a decisive breakout from a long-term descending triangle, a pattern that had capped XRP’s upside for months. XRP has surged past a strong horizontal resistance zone ($2.90–$3.00), now flipping it into potential support.
XRP 1D Chart. Source: TradingView
The RSI stands at 86.51, showing extreme overbought conditions, often a cue for short-term pullbacks or consolidation. The MACD line (blue) is soaring above the signal line (orange), confirming bullish momentum. Finally, the BoP reflects heavy buyer dominance.
Reaching $100 from the current price of $3.29 would require a 2,940% gain, a colossal leap that, while not impossible in crypto, demands utility like the resolution of the SEC lawsuit or the approval of spot XRP ETFs in the US.
XRP Reaches Higher – Snorter Backs Words with Momentum
With XRP eyeing all-time highs, Snorter Bot ($SNORT) – a new Telegram-based trading assistant designed to simplify and speed up crypto trading, especially for the fast-moving meme-coin community – has raised a whopping $1.967 million in its ongoing presale.
Built first for the Solana blockchain, Snorter Bot lets users spot new tokens, execute lightning-fast trades, and manage their positions directly within Telegram chat.
No browser extensions, no complicated wallets, no confusing RPC settings. With just a tap, users can import or create a wallet and start trading right where they chat.
The bot is built with everyday traders in mind, but it delivers performance typically reserved for pros. It handles trades with near-instant speed, protects users from front-running, and simulates transactions before they go through.
You can set limit orders, schedule buys and sells, or even enable dynamic stop-loss features, all using simple chat commands.
Holding $SNORT unlocks several premium features, including the lowest trading fees, access to auto-sniping tools, staking rewards, and exclusive community incentives. Early supporters can stake their tokens for 199% per annum in rewards as well.
To buy $SNORT at the current price of $0.0985 per coin, simply visit the official Snorter Bot website and connect a supported wallet, like Best Wallet.
Thereafter, swap crypto or use a card to complete the purchase.
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