Key Insights:
- Over the past 24 hours, crypto whales have purchased 130 million XRP tokens.
- XRP’s funding rate and long/short ratio indicate strong bullish sentiment among traders.
- XRP chart reveals that buying pressure continues to rise. This further suggests that a new high could be within reach if XRP regains the $3.35 level.
The recent XRP news garnered massive attention from investors and traders who missed the opportunity. On July 26, 2025, a well-followed crypto expert shared a post on X (formerly Twitter), citing on-chain data from Santiment.
The data revealed that whales took advantage of the recent price dip. They also accumulated 130 million XRP over the past 24 hours.
Impact of XRP News of Accumulation
The impact of this XRP news of notable accumulation is already evident in the XRP price. It has recovered impressively from $3.0174 to $3.208. However, the price hovers around $3.18, climbing 1.75% over the past 24 hours.
Despite the significant accumulation by whales, overall participation from traders and investors has declined notably. Data from CoinMarketCap shows that XRP’s trading volume dropped by 36% compared to the previous day during the same period.
The potential reason behind this decline is fear among retail investors. They seem hesitant to participate in a choppy or sideways market due to concerns about a possible market crash.
XRP Price Action and Key Technical Levels
Beyond XRP news, technical analysis reveals that the asset has successfully retested its 21-day EMA on the daily time frame. This suggests the potential for a continued upward trend if buying pressure persists.
Based on recent price action, $3.00 is a key support level for XRP. It helps the asset maintain its potential for upward momentum. Meanwhile, due to persistent selling pressure, $3.25 is a key resistance level.
However, the Chaikin Money Flow (CMF) stands at 0.17, indicating healthy buying pressure and capital inflow into the asset.
XRP News: Experts Forecast Bullish Breakout
Given the XRP news of current market sentiment, several crypto experts are making bold predictions amid the ongoing correction. One prominent expert stated that XRP’s structure appears clear. Also, it is likely heading toward the $5–$7 range if the current momentum continues.
The expert further explained the reason behind this bold prediction. He noted that XRP has broken out of a multi-month triangle pattern.
Also, the token flipped the resistance around the $3 level into support. Meanwhile, another expert predicted that XRP’s next target is the $4.45 level shortly.
Not just that, but several bold predictions have surfaced from crypto experts on X. This indicates growing interest and confidence in XRP tokens.
XRP Bullish On-Chain Metrics
Amid the current market sentiment, XRP derivatives are flashing a bullish signal. It suggests that experts, analysts, traders, and investors have a positive outlook on the asset.
The on-chain analytics tool Coinglass revealed that the Binance XRPUSDT Long/Short ratio is 2.47. That indicated a strong bullish sentiment among traders.
This suggests that traders betting on long positions significantly outnumber those betting on short positions. At press time, 71.15% of traders bet on long positions, while 28.85% are short.
Exchanges have seen a significant outflow of XRP tokens, totaling $15 Million in the past 48 hours. This XRP news signals shifting market dynamics and possible investor repositioning.
This substantial outflow suggests potential accumulation and could create buying pressure. It supports the asset in breaching its local resistance levels.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
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