XRP News Today: XRP Breaks Seven-Month Range Surpasses $3.00 as Whale Transfers and Institutional Buys Intensify Volatility

Ripple’s XRP has recently broken out of a seven-month trading range, currently consolidating above the $3.00 threshold following a sustained move out of a sideways channel. The asset, which traded between $1.82 and $2.95 from December 2024 to July 2025, saw a decisive upward shift in mid-July, peaking at $3.65 before retreating. The previous resistance level of $2.95–$3.00 now functions as critical support, with analysts monitoring whether the price can sustain above this zone to confirm a bullish reversal [1]. Chart analyst Jonathan Carter emphasized that a successful bounce from this level could propel XRP toward sequential price targets at $3.40, $3.65, $4.00, and $4.60, though a breakdown below $3.00 would signal a failed breakout [2].

Technical indicators suggest mixed signals for near-term momentum. While XRP remains above the former range ceiling of $2.95, the Relative Strength Index (RSI) has cooled from overbought territory, indicating potential stabilization. However, the absence of defined resistance levels increases volatility risks, as noted by analyst Steph_iscrypto, who highlighted the lack of liquidity clusters as a catalyst for erratic price swings [3]. This uncertainty was exacerbated by reports of long position liquidations on major exchanges, compounding market sensitivity during the consolidation phase.

Whale activity has further amplified volatility, with on-chain investigator ZachXBT tracking large-scale transfers tied to Ripple co-founder Chris Larsen. A 50 million XRP movement—valued at approximately $175 million—commenced on July 17, with $140 million deposited into exchanges, raising concerns about potential dumping during a fragile market environment. Concurrently, analyst Ali Martinez reported institutional accumulation of over 280 million XRP by large investors, a trend coinciding with a 30% drop in open interest, as nearly $1.3 billion in positions were liquidated [4].

Institutional adoption has emerged as a stabilizing factor. Nature’s Miracle Holding Inc., a U.S.-listed company, announced a $20 million XRP treasury allocation—a rare public commitment from a non-crypto entity. This development aligns with broader market speculation that XRP’s low-cost, high-volume use cases are gaining traction in corporate portfolios. Analyst Dom contextualized the institutional buildup as a potential buffer against short-term volatility, though the asset’s trajectory remains contingent on macroeconomic and regulatory developments [5].

Traders are now closely observing the $3.00–$3.40 range for directional clues. A sustained close above $3.40 could validate the breakout thesis, while a retest of $2.95 would likely trigger a bearish reassessment. With no immediate resistance zones identified, XRP’s path is likely to remain volatile until clearer positioning emerges from both retail and institutional players.

Source: [1] [XRP Price Holds $3 After Breaking Out of Multi-Month Range, What’s Next?][https://coinmarketcap.com/community/articles/688393b8964c4a7078a33a86/] [2] [XRP Price Holds $3 After Breaking Out of Multi-Month Range, What’s Next?][https://coinmarketcap.com/community/articles/688393b8964c4a7078a33a86/] [3] [XRP Price Holds $3 After Breaking Out of Multi-Month Range, What’s Next?][https://coinmarketcap.com/community/articles/688393b8964c4a7078a33a86/] [4] [XRP Price Holds $3 After Breaking Out of Multi-Month Range, What’s Next?][https://coinmarketcap.com/community/articles/688393b8964c4a7078a33a86/] [5] [XRP Price Holds $3 After Breaking Out of Multi-Month Range, What’s Next?][https://coinmarketcap.com/community/articles/688393b8964c4a7078a33a86/].