XRP Price Prediction: 24-Hour Trading Volume Surges to $5.8 Billion – Whales Are Buying XRP
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XRP has surged back into the spotlight as one of the most actively traded tokens, with 24-hour volume jumping 12% to $5.8 billion and the price climbing nearly 2% to $3.16.
This spike in activity signals growing momentum and renewed interest from both retail traders and larger players, potentially setting the stage for XRP’s next major breakout.
Whales Lead the Charge
With the current price just 17.62% below its all-time high of $3.84, as per CoinMarketCap, investor confidence is clearly growing and whales are leading the charge.
On July 25th, renowned analyst Ali Martinez revealed that whale wallets scooped up 130 million XRP near the $3 mark, signaling confidence in the asset’s upside potential.
The accumulation happened at a critical support zone, as marked on the chart, and aligns with strong capital inflows on the Chaikin Money Flow (CMF), which currently reads +0.03, confirming that the buying pressure is outweighing sell-offs.
XRP Price Analysis: New ATH Next?
As per the daily chart below, XRP recently broke out of a falling wedge pattern, which is often a precursor to upward momentum.
This wedge acted as a bullish flag following the earlier parabolic rally from June into mid-July.
If the breakout sustains, XRP could test immediate resistance levels around $3.40, $3.60, and potentially reclaim its ATH at $3.84.
Source: TradingView
Meanwhile, the MACD line is inching toward a bullish crossover, while the Relative Strength Index (RSI) holds neutral at 51.38, suggesting there’s still room for upside before overbought conditions emerge.
With whales accumulating, volume spiking, and bullish technicals forming, XRP may be gearing up for a run toward its long-lost highs.
A successful flip of the $3.40–$3.60 range could ignite the next leg upward.
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