- XRP is tightly trading between $2.79 and $2.83, showing strong buyer defense and hinting that a big breakout could be close.
- Despite a sharp 42% drop, whales are buying again below $2.40, proving long-term investors still believe in XRP’s strength.
- XRP’s setup looks bullish as RSI recovers, Bitcoin stabilizes, and traders expect a strong move above the $3.00 resistance.
XRP had one of its most volatile trading weeks of 2025. The token’s price action has tightened between major support and resistance levels, setting the stage for a potentially explosive move.
According to analyst CasiTrades, “XRP has officially come down to test the macro .5 Fib support at $2.79, and once again, it’s proving to be a crucial level.” The analyst added that XRP is currently “coiling tight between $2.79 and $2.83,” a pattern that often signals an imminent large breakout.
Tight Range Builds Tension Ahead of Key Move
Market data shows XRP holding firm above the $2.79 support zone despite recent turbulence. Every hourly and higher timeframe candle continues to close above that level a signal of underlying strength.
CasiTrades noted that if XRP gains enough momentum to break above $2.83 and later $3.00, a wave 3 impulse could begin, targeting $4.00 and $4.50 next. RSI levels also show signs of recovery, while Bitcoin’s correction appears complete, creating a favorable technical environment for XRP.
However, volatility remains high. According to Glassnode, XRP plunged as much as 42% on Friday, marking one of its sharpest one-day drops in recent years. Whale liquidations across major exchanges drove the decline, while futures open interest fell by $150 million. The selloff briefly sent XRP to $1.64 before buyers stepped in, pushing it back to around $2.36.
Whales Take Profits, Long-Term Holders Step In
Glassnode’s data revealed that early investors who accumulated below $1 took significant profits above $2, resulting in two major realization waves in December 2024 and July 2025.
The steep decline was brought on by these profit-taking rounds, which sapped any short-term positive momentum. However, below $2.40, long-term holders started to accumulate once more, indicating a resurgence of interest.
Ripple is now dealing with structural issues like demands from international trade and unclear regulations. Nevertheless, late-session accumulation volumes of more than 12 million XRP indicate that buyers are setting up for a recovery.
