TL;DR
- XRP whales accumulated over 510 million tokens in a single week, driving the price recovery after a bearish trend.
- The price rose 9.6% and returned to $2.00, supported by institutional interest and improvements in the global economic outlook.
- XRP faces key resistance at $2.14; if it fails to break through, it could drop toward $1.70, although massive accumulation continues to act as a support factor.
XRP regained ground after a prolonged bearish period. Its recovery has been driven by strong accumulation from whales.
In just one week, addresses holding between 10 and 100 million tokens acquired more than 510 million units. The bulk purchase exceeded $1 billion and increased this group’s holdings to 7.38 billion XRP. The scale of these operations has raised expectations around the asset’s performance and provided support for the recent price rebound.
XRP’s Market Performance
XRP’s price rose 9.6% and settled around $2.00, after having fallen below that same level just days earlier. Although the general trend remains bearish, market behavior is showing signs of reversal, fueled by institutional interest and a slight shift in the global context. President Trump’s decision to pause reciprocal tariffs for three months also contributed to improved overall market sentiment, which benefited several cryptocurrencies.
Resistance and Support Levels
However, XRP still needs to break through a critical resistance level at $2.14. To consolidate its recovery, it must surpass that threshold. If it succeeds, the price could move toward $2.27. Otherwise, an increase in bearish pressure could reverse recent gains and push the price back toward $1.70. The key support zone stands at $1.94, and losing that floor would represent a shift in the current perception.
On a technical level, the NUPL indicator shows that XRP has entered a phase of uncertainty known as the “anxiety zone.” This stage is typically associated with corrective movements. Nonetheless, the combination of sustained whale accumulation and a more stable macroeconomic environment could strengthen the token’s recovery in the short term..
