XRP News Today: XRP Price Holds Above $3 as Whale Accumulation Drives 14% Supply Floor Eyes $4 Target by July 2025

XRP’s price has demonstrated resilience above $3, driven by whale accumulation and robust support levels, with analysts suggesting a potential upward trajectory toward $4 by July 28, 2025. Large investors, holding between 10 million and 100 million XRP, have increased their combined holdings to 8.31 billion tokens—14% of the circulating supply—creating a price floor and reducing selling pressure [1]. This accumulation has bolstered confidence among retail investors, reinforcing the bullish momentum observed in recent weeks.

The XRP Ledger has also shown signs of growing demand, with new wallet creation peaking at 11,000 on July 18 and averaging 7,500 daily addresses since [2]. This surge in network activity aligns with XRP’s 30% gain against Bitcoin over the past month, signaling heightened adoption and market interest [2]. Analysts attribute this growth to a combination of whale-driven stability and increasing on-chain engagement.

Critical support levels remain pivotal for sustaining the upward trend. The $2.95 threshold, aligned with monthly volume-weighted average price (VWAP) and rolling VWAP metrics, acts as a key demand zone [3]. A breach below $2.80 could undermine the bullish structure, while a break above $3.30 might trigger further gains toward $4 [3]. Technical analysis highlights a Wave 3 target near $3.82 based on Fibonacci extensions, with veteran trader Peter Brandt identifying a rare continuation pattern that could push the price to $4.47 [4].

Elliott Wave analysis adds another layer of optimism, suggesting XRP is entering the most profitable phase of its cycle, wave ③, which could accelerate the price toward $4 [4]. Analyst CasiTrades emphasizes $3 as a critical support level and $3.30 as a key resistance to monitor [4]. These technical indicators, coupled with whale-driven demand, paint a scenario where XRP’s price could continue its upward momentum if key levels hold.

Whale accumulation is particularly significant for maintaining price stability, as large holders create a structural demand floor. This dynamic not only reduces short-term selling pressure but also encourages smaller investors to participate, amplifying bullish sentiment [1]. The interplay between whale activity and technical levels underscores the importance of maintaining support above $2.95 to validate the long-term trend.

While the path to $4 remains dependent on sustaining these fundamentals, the current trajectory suggests XRP is in a phase of consolidation and potential breakout. Analysts caution that a drop below $2.80 could invalidate the bullish case, but as long as the $2.95 support holds, the focus remains on the $3.30 resistance and beyond [3][4]. The combination of on-chain growth, whale accumulation, and technical patterns positions XRP as a focal point for near-term price action.

Source: [1] [XRP Price Shows Strength Amid Whale Accumulation, Key Support Levels May Influence Move Toward $4 July 28, 2025] [https://en.coinotag.com/xrp-price-shows-strength-amid-whale-accumulation-key-support-levels-may-influence-move-toward-4/]; [2] [XRPL network growth, XRP/BTC chart] [https://en.coinotag.com/xrp-price-shows-strength-amid-whale-accumulation-key-support-levels-may-influence-move-toward-4/]; [3] [XRP/USD eight-hour chart] [https://en.coinotag.com/xrp-price-shows-strength-amid-whale-accumulation-key-support-levels-may-influence-move-toward-4/]; [4] [XRP/USD four-hour chart] [https://en.coinotag.com/xrp-price-shows-strength-amid-whale-accumulation-key-support-levels-may-influence-move-toward-4/].