- Summary:
- XRP price trades above $2.16 as bulls target a break toward $2.47. On chain data shows rising whale activity...
XRP (Ripple) is showing renewed strength after bouncing off key support at $1.94, trading at $2.16 at the time of writing. The crypto asset is up nearly 7.8% in the past 5 sessions.
The current upside mirrors broader strength across altcoins driven by renewed network activity, whale accumulation and improving liquidity metrics. XRP in particular is seeing elevated wallet activity as investor interest rebounds following weeks of consolidation.
Whale Activity and Network Growth Boost Sentiment
Recent On-chain data levels that whale wallet holding 10 million XRP or more have increased their holdings steadily since early April, indicating a buildup in long term conviction. Meanwhile daily active addresses on the XRP ledger have climbed to multi-weeks highs reflecting resurgence in user engagement.
Regulatory pressure on XRP has softened and speculation around ripples expansion into stable-coin issuance and institutional payments is fueling optimism. While the macro environment remains volatile, XRP is showing resilience.
XRP Price Prediction: Can Bulls Retest the $2.70 Zone?
- Current Price: $2.16
- Immediate Resistance $2.21
- Breakout Target $2.47
- Extended Resistance $2.72 then $2.89
- Support Zone $1.94 then $1.64 and $1.50
If the bulls clear $2.21 with volume, XRP could retest $2.47 quickly. A sustained push beyond that opens the door to $2.70-$2.89 a major inflection zone from February.
On the downside, failure to hold above $2.00 could drag the price back to $ 1.94 where the bulls previously stepped in.
XRP Final Take
XRP is positioning itself for a breakout but it needs confirmation above $2.21 to ignite a run toward $2.47 and beyond. With the whale buying and user activity rising, bulls have a real shot, if the can hold the momentum.