XRP News Today: XRP Eyes 333% Surge as Whales Accumulate 900M Tokens and Bullish Patterns Emerge

Renowned crypto market strategist Papa has forecasted that XRP could enter an aggressive upward phase this week, driven by a combination of favorable technical indicators and favorable market conditions. According to Papa’s recent analysis on X, XRP is forming a symmetrical triangle pattern following a breakout from a multi-year downtrend, with Fibonacci extension levels suggesting a potential price path toward the $12 to $14 range [1]. The current price of XRP is trading around $3.14, and Papa has emphasized the importance of breaking above the $3.40 resistance level to confirm the bullish setup [2].

The technical setup indicates a period of consolidation before a potential breakout. Papa’s chart outlines key levels that traders should monitor, with the first major target at $3.40. A strong breakout above this level on high volume could trigger a short-term move toward $5 and eventually open the door to a larger rally [3]. This analysis aligns with broader bullish sentiment from other technical analysts who are observing similar consolidation and breakout conditions.

Market conditions are also supporting the bullish case for XRP. The recent resolution of Ripple’s legal dispute with the U.S. Securities and Exchange Commission has significantly reduced regulatory uncertainty, boosting investor confidence and attracting new capital into the asset. Alongside this, on-chain data reveals increased trading activity, both from retail and institutional participants, with rising exchange inflows signaling greater engagement [4].

Another contributing factor to the optimism is the observed accumulation of XRP by large holders, or "whales." A recent report highlighted that approximately 900 million XRP tokens were accumulated within 48 hours, raising speculation that a major market shift could be on the horizon [5]. This activity has intensified discussions among traders about XRP’s potential for a sharp price surge, potentially even reaching a new all-time high.

Some analysts have provided more specific projections. For example, analyst Severino, using Elliott Wave analysis, has predicted a potential 333% price increase within the next 40 days [6]. Meanwhile, technical analysts have identified the $3.38 level as a key short-term target for XRP. A breakout above this level could lead to a test of $3.66, which is expected to face strong resistance [7]. If the current uptrend continues, XRP may reach as high as $3.80 within the coming weeks [8].

XRP’s recent performance has also been encouraging. The token has crossed above its 20-day simple moving average, a technical signal that is often interpreted as a positive development for bullish traders [9]. Analysts are also watching for a potential third consecutive breakout by September 1, driven by continued momentum and whale activity [10]. These developments have fueled growing optimism among investors who view XRP as a high-potential asset in the evolving cryptocurrency market.

While the outlook remains largely bullish, market observers caution that breakouts require confirmation. Traders are advised to monitor volume trends, price stability above key levels, and on-chain movements of large holdings to assess the sustainability of any rally. A decisive weekly close above $3.40 with strong volume would add credibility to the projected upward trajectory.

The convergence of favorable technical patterns, whale activity, and institutional interest has led to a growing consensus among analysts that XRP is entering a critical phase. Whether this leads to a sustained rally or a short-term spike will depend on broader market responses. However, the increasing number of bullish signals suggests that XRP is attracting attention from both retail and institutional participants, which could amplify its price movement in the near future.

Source:

[1] Market Strategist Predicts When XRP’s Aggressive Rally Will Start

https://timestabloid.com/market-strategist-predicts-when-xrps-aggressive-rally-will-start/

[2] XRP News Today: XRP Eyes $5–$14 Rally as Legal Cloud Lifting

https://www.ainvest.com/news/xrp-news-today-xrp-eyes-5-14-rally-legal-cloud-lifts-bullish-patterns-emerge-2508/

[3] XRP Holds Key Support as Bulls Gear Up for August Rally

https://bravenewcoin.com/insights/xrp-price-today-xrp-holds-key-support-as-bulls-gear-up-for-august-rally

[4] Whales scoop 900 million XRP in 48 hours

https://finbold.com/whales-scoop-900-million-xrp-in-48-hours/

[5] $XRP Set for 333% Explosion in 40 Days

https://www.binance.com/en/square/post/28120960142730

[6] Price predictions 8/11: SPX, DXY, BTC, ETH, XRP, BNB

https://cointelegraph.com/news/price-predictions-811-spx-dxy-btc-eth-xrp-bnb-sol-doge-ada-hype

[7] XRP Price Could Explode To $3.8 Amid Trend Continuation

https://www.mitrade.com/au/insights/news/live-news/article-3-1027940-20250811

[8] Is XRP 'way overvalued' to buy right now?

https://www.coinglass.com/ru/news/531336

[9] 900 Million XRP In 48 Hours. Here's What Whales Are Doing

https://timestabloid.com/900-million-xrp-in-48-hours-heres-what-whales-are-doing/

[10] Market Strategist Predicts When XRP’s Aggressive Rally Will Start

https://coinmarketcap.com/community/articles/689b4b31534b257fb08a0de8/