XRP News Today: XRP Surges 1.3% to $2.36 as Whales Accumulate 880M Tokens

XRP has recently shown significant strength, trading above the $2.35 mark and gaining momentum as bulls aim to break through critical resistance levels. This surge comes as the broader crypto market enters a new bullish phase, with Bitcoin soaring past $100K and Ethereum reclaiming the $2,200 zone. XRP, which has often been viewed as lagging behind major cryptocurrencies, is now displaying notable relative strength compared to other altcoins.

Analysts are closely monitoring XRP as it attempts to sustain this breakout, with some predicting a rally that could close the gap toward previous cycle highs. Supporting this bullish outlook is new on-chain data revealing that XRP whales have returned aggressively, accumulating over 880 million tokens in the past month. This surge in accumulation by large holders suggests growing confidence in XRP’s trajectory and is often seen as a signal that smart money is positioning early ahead of a major move.

If current momentum holds and XRP clears its immediate resistance levels, it could be set for a powerful continuation. All eyes are now on the $2.50–$2.80 range, where market dynamics could accelerate rapidly. XRP is currently positioned at a critical point where bullish and bearish forces are clashing, with the broader market also heating up. Bitcoin is trading above $100K, and Ethereum is holding the $2,200 zone after a breakout. XRP’s relative strength is what’s catching the attention of analysts and traders, with on-chain data revealing that whales have accumulated over 880 million XRP tokens in the past month. This level of accumulation is typically a bullish signal and suggests that large players are positioning themselves ahead of a possible rally.

However, macroeconomic uncertainty lingers in the background, with ongoing trade tensions and a sensitive global financial environment. Investor sentiment remains fragile, but if Bitcoin holds its ground and altcoin momentum persists, XRP could be one of the top beneficiaries. As XRP continues to trade near a pivotal range, the coming days will be essential in determining the next phase. A decisive move above $2.35 could open the door to a strong upward expansion, while holding support above $2.00 will be crucial to prevent a retracement. Backed by whale activity and growing interest from traders, XRP is once again on the radar as a potential leader in the next leg of the crypto bull cycle.

XRP is showing promising momentum after breaking above the $2.35 level and now trades at $2.36, signaling renewed bullish strength. This move comes as XRP tests the upper range of a consolidation structure that has been forming since late March. The price action is supported by a consistent uptrend of higher lows, which is now pressing against long-standing resistance. The 200-day SMA ($2.10) and EMA ($2.00) both remain below the current price, reinforcing the strength of the ongoing trend. Volume has increased notably over the past few sessions, a sign that buyers are stepping in with confidence. A decisive daily close above $2.38–$2.40 would confirm a breakout and open the path toward retesting the previous highs around $3.00 and potentially new all-time highs. Conversely, a rejection here could lead to another retest of the ascending trendline around $2.15.

The confluence of price structure, moving average support, and whale accumulation adds conviction to the breakout scenario. If current levels hold, XRP could become one of the strongest performers in the market’s next leg higher. XRP is now standing out as one of the most resilient assets in the crypto market, showing notable strength during recent uptrends and consistent support through broader market corrections. Currently trading above the $2.00 level, XRP is positioned at a critical point where bullish and bearish forces are clashing. The coming days will be essential in determining the next phase for XRP, with a decisive move above $2.35 potentially opening the door to a strong upward expansion. Holding support above $2.00 will be crucial to prevent a retracement, and backed by whale activity and growing interest from traders, XRP is once again on the radar as a potential leader in the next leg of the crypto bull cycle.