XRP Market Update

XRP whales stay firm despite price swings, signaling strong investor confidence and strategic accumulation over two weeks.

Bullish Market Structure

The bullish market structure holds, with XRP maintaining key support zones, hinting at a potential rally beyond $5 in the coming months. Legal clarity boosts optimism, as resolved SEC cases and sustained whale activity fuel expectations for a significant price surge.

The XRP market experienced stability amid whale trends despite price fluctuations from March 12 to February 28, 2025. XRP was volatile during this period, gaining initially in March before encountering corrections and consolidations.

Source: Ali

Whale Accumulation and Market Dynamics

In early March, XRP saw a rapid price increase alongside a spike in whale holdings. The price surged past key resistance levels before correcting around March 3. After fluctuations, XRP reached a local low by March 11 but showed recovery signs on March 12.

Despite price corrections, whale holdings remained high, indicating confidence among large investors. The highest recorded whale holdings were on March 2, persisting throughout the observation period. A strong correlation between whale movements and price shifts suggests strategic buying rather than panic sales.

Technical Structure and Future Outlook

On a broader scale, XRP has maintained its breakout level, staying above important support zones and showcasing an optimistic market structure. The rising trendline, active since mid-2022, provides a strong foundation for potential upward movement.

Source: Crypto General

The price successfully broke past the $1.10 resistance, climbing beyond $2.25. Currently, XRP is consolidating around $1.9759, a previously tested resistance level, which now acts as a crucial support zone. A strong bounce from this level could instigate another rally, with market analysts predicting price targets exceeding $5 in the coming months. A surge to $9.0898 remains possible, given historical trends and increasing momentum. Furthermore, the ongoing legal clarity surrounding XRP and its status as a U.S.-based project enhances investor confidence, bolstered by sustained whale accumulation.