XRP News Today: XRP Gains Momentum on 94% Whale Selling Drop, Technical Analysis Points to $3.60 Breakout

XRP has demonstrated resilience amid a recent market correction, with key indicators suggesting potential for sustained growth beyond the $3 threshold. On July 21, 2025, the asset surged to a record high of $3.66 before retreating to $3.44, a pullback analysts characterize as a temporary liquidity adjustment rather than a bearish reversal [1]. This consolidation phase, following a robust breakout, aligns with patterns historically linked to sustainable upward momentum [2]. The price action is supported by strong institutional interest, as evidenced by a 94% decline in whale selling pressure, with large-holder transfers to exchanges dropping significantly—a sign of reduced distribution and strategic accumulation [2].

Technical analysis reinforces the bullish outlook. TradingView’s analysis highlights an ascending triangle pattern, where XRP has maintained higher lows while encountering resistance near $3.60, a classic setup for a breakout driven by buyer participation [3]. Meanwhile, the asset remains above critical moving averages, and its Relative Strength Index (RSI) has not entered overbought territory, suggesting room for further gains without immediate reversal risks. Maintaining support between $2.90 and $3.00 during this consolidation phase is critical for XRP to build momentum toward the $4 threshold.

Liquidity metrics further underscore XRP’s structural strength. The order book depth, a measure of market maturity, indicates balanced buy and sell interest, reducing susceptibility to abrupt price swings. This contrasts with many altcoins, which often exhibit thin liquidity and erratic movements. Institutional investors and large market participants appear to be gradually accumulating positions, as reflected in rising open interest and Bitcoin’s recent record highs, which indirectly bolster XRP’s bullish case [5].

Forecasting efforts vary, with Standard Chartered targeting $5.50 for 2025 and some analysts projecting a more ambitious $27, contingent on extreme market cap expansion [6]. However, these projections remain speculative, as actual outcomes will depend on macroeconomic factors and regulatory developments. The recent 94% drop in whale selling has strengthened XRP’s technical foundation, offering a counterpoint to short-term volatility [2].

Market observers caution against over-optimism but note a favorable risk-reward profile. While XRP trades in the red alongside broader crypto markets, its structural strength and reduced distribution pressures suggest resilience. Investors are advised to monitor on-chain metrics and institutional activity, which could influence its trajectory in the coming months.

Source:

[1] [Analyst Warns Most Will Miss XRP Rally While Expecting Sharp Drop](https://coincentral.com/analyst-warns-most-will-miss-xrp-rally-while-expecting-sharp-drop/)

[2] [XRP Price Prediction: 2025-2040 Outlook Amid Bullish...](https://www.btcc.com/en-CA/square/XRP%20News/665890)

[3] [XRP/TetherUS PERPETUAL CONTRACT Trade Ideas](https://www.tradingview.com/symbols/XRPUSDT.P/ideas/?sort=recent&video=yes)

[5] [Crypto Today: Bitcoin, Ethereum, XRP Show Weakness...](https://www.fxstreet.com/cryptocurrencies/news/crypto-today-bitcoin-ethereum-xrp-show-weakness-but-rising-open-interest-depicts-bullish-speculation-202507231200)

[6] [Trending](https://www.financemagnates.com/trending/)