XRP News Today: XRP Holds 20-Day EMA as Whales Buy 60M, Trump Proposes Crypto Reserve

XRP has shown resilience in recent trading sessions, holding its 20-day Exponential Moving Average (EMA) as a critical support level amid mixed market conditions. The asset has maintained a position just above the $3 mark, a threshold analysts identify as a key short-term floor [1]. This technical strength coincides with a surge in whale activity, as large XRP holders accumulated 60 million tokens within a 24-hour period, according to Santiment data. Addresses controlling between 10 million and 100 million XRP added to their holdings during this window, signaling strong institutional confidence in the asset [2]. The accumulation occurred alongside stable price action, with analysts noting that sustained buying pressure could reinforce the 20-day EMA as a consolidation base rather than a reversal point [3].

The technical outlook is further shaped by the Moving Average Convergence Divergence (MACD) indicator, which reflects downward momentum despite the EMA holding firm. Crypto analyst Lark Davis highlighted that while the MACD’s bearish bias remains a concern, the price structure still favors a potential push toward $4 if the EMA holds. He advised traders to use tight stop-loss strategies just below the EMA to manage risk, emphasizing that a breakout above $3 could trigger a multiwave rally [4]. Whale behavior supports this view, as on-chain data shows a 93% decline in sell pressure for XRP, with inflows rising sharply to near $4 resistance levels [5].

Political developments have also bolstered XRP’s narrative. Former U.S. President Donald Trump proposed a plan to establish a U.S. Crypto Reserve, explicitly naming XRP, Solana (SOL), and Cardano (ADA) as included assets. Announced via his verified account, Trump criticized the current administration’s regulatory approach as hostile to innovation and positioned the reserve as part of a broader strategy to position the U.S. as a global crypto leader. The initiative, led by a Presidential Working Group, aims to promote national oversight of key digital assets while fostering adoption [6].

The convergence of technical strength, whale accumulation, and political endorsement has positioned XRP as a focal point in multiple market narratives. While the asset has yet to reclaim its all-time high of $3.66, its ability to hold above $3 suggests a consolidation phase amid fluctuating sentiment. Broader market dynamics, however, remain mixed: Ethereum (ETH) edged closer to $4,000, while Bitcoin (BTC) struggled to maintain upward momentum as the global crypto market cap dipped to $3.87 trillion [7]. XRP’s trajectory as a mid-cap asset underscores the challenges of navigating a landscape dominated by larger cryptocurrencies.

Analysts caution that XRP’s success in converting current momentum into a sustained breakout hinges on several factors. Whale activity, while a strong indicator, must align with favorable regulatory developments and technological adoption. For now, traders are closely monitoring resistance levels and volume patterns to gauge the likelihood of a decisive move toward $4 [5]. The interplay between institutional demand, technical indicators, and political strategies highlights the multifaceted nature of XRP’s market narrative, with outcomes dependent on the convergence of these forces.

Sources:

[1] Mitrade. XRP Holds The Line At $3—Wave 5 Could Unleash Run. https://www.mitrade.com/insights/news/live-news/article-3-997656-20250730

[2] Binance. XRP Whales Move $998.1M: Breakout Signal or Smart. https://www.binance.com/en/square/post/27597726131993

[3] BeInCrypto. XRP Price Targets $4 as Whale Selling Drops 93%. https://beincrypto.com/xrp-price-breakout-whale-selloff-slows/

[4] CoinMarketCap. XRP Holds Key EMA as Whales Accumulate and Trump Backs Crypto. https://coinmarketcap.com/community/articles/688a0a6388079a5c3275dc3c/

[5] 99Bitcoins. LIVE: ETH Price Rises As The Crypto Market Falls. https://99bitcoins.com/news/altcoins/live-eth-price-rises-as-the-crypto-market-falls-microstrategy-keeps-accumulating-bitcoin-best-crypto-to-buy/

[6] CryptoWeekly. TRUMP Whale Sell-Offs & Price Rebound Potential. https://cryptoweekly.co/news/trump-sell-off-price-rebound/