Main takeout:
The XRP price has risen 55% since April and is currently opening an optimistic continuous signal.
Whale flow has been positively turned back to positive turning for the first time since November 2024, and has shifted the tendency reversal.
The falling wedge brake out project is 40% profit, but $ 2.80 can be a intermediate resistance.
XRP (XRP) has popped out more than 55% since its formation of a local floor for about $ 1.61 in April. Now, the optimistic technical pattern and the on -chain data show an additional price surge.
XRP’s whale flow mirror 2024 price boom
According to Data Resource Cryptoquant, the XRP whale wallet (an address with a large amount of XRP) has been actively reduced since November 2024.
The trend has pushed the pure flow deep into negative territory.
However, the trend has changed as of mid -May 2025.
Whale outflows are slowed down, and the positive positive of 90 days of moving average pure flow is positive. In the past, most cases where long -term negative trends are marked with major floors or trend reversals, and whale flow changes positively.
A notable example began with the rally of about $ 0.43 in July 2024 to the Rally of XRP in January 2025 or about 400% profit, and eventually turned to net inflow.
XRP price technology brake out target $ 3.45
The XRP Price Technicals shows that the 3 -day chart is free from the falling wedge pattern of multi -man. In general, it is considered an optimistic reversal setting.
The wedges formed between December 2024 and early May 2025 compresses the price, while the volume decreased, which reduced signs of typical accumulation.
The brake out occurred in the early May $ 50 of $ 2.25, just above the 50 EMA and currently serves as a major support. Based on the height of the wedge, the brake out projects the price goal near $ 3.45, about 40% compared to the current level.
relevant: Can the XRP price reach $ 4 in May? Analysts are seeing this major level
The relative strength index (RSI) of XRP also pops up more than 57 and supports a strong case of new purchasing momentum.
But movements may not be a straight shot for the object. Analyst MAGS emphasizes major resistance near $ 2.80, which can temporarily capture XRP’s uptrend.
In the short term, XRP can integrate more than 50 days EMA. In particular, whale inflows often announce the beginning of the accumulation stage before the price is stronger.
KRIPTO MAVSIMI, an analyst related to Cryptoquant, added:
“It’s not completely reversed yet, but it’s the first sign of stabilization in a few months.”
This basic construction period will be a healthy development if it matches how the previous whale -centered rally has been developed.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.