Fun

Whales Accumulate Over 150 Million XRP In Just 48 Hours – Is A Rally Incoming?

News Feed - 2025-03-17 04:03:08

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español.


XRP has finally found stability above crucial demand levels after enduring weeks of heavy selling pressure and market uncertainty. Despite the broader crypto market’s volatility, XRP remains within a long-term range, trading between its $1.90 low and the $3.40 all-time high. Related Reading Ethereum Must Reclaim $2,050 To Start A Recovery Rally – Insights 19 hours ago


After gaining over 30% since last Tuesday, analysts are speculating about a potential breakout above critical supply zones. If XRP continues building momentum, it could soon challenge key resistance levels, setting the stage for a larger move to the upside.


Adding to the bullish outlook, on-chain data from Santiment reveals that whales have accumulated over 150 million XRP in the last 48 hours. Historically, large-scale whale accumulation has often preceded major price rallies, as it signals growing confidence from institutional investors and high-net-worth holders.


With XRP holding above key support and whale activity increasing, investors are now watching for a decisive move above supply zones to confirm a long-term bullish reversal. The next few trading sessions will be crucial in determining whether XRP can maintain its strength or if further consolidation is needed before another major move. XRP Outperforms As Whale Accumulation Signals A Potential Breakout


Compared to other major crypto assets, XRP has been overperforming since late 2024, showing strong resilience despite market-wide corrections. While many altcoins have struggled to reclaim key levels, XRP has held its range and built a foundation for a potential recovery. Once the market shifts into an uptrend, analysts believe that XRP could be one of the first assets to break into price discovery, potentially leading a massive rally. Related Reading Cardano Is ‘About To Break Free’ – Breakout Above Crucial Supply To Trigger A Big Move–Analyst 16 hours ago


Price action remains relatively stable, even as broader macroeconomic conditions create uncertainty. Speculation is growing not only about a crypto market recovery but also about a potential rebound in the U.S. stock market, which has faced its own volatility in recent months. If global financial markets regain strength, it could further support XRP’s bullish outlook.


Top analyst Ali Martinez recently shared on-chain data from Santiment, revealing that whales have accumulated over 150 million XRP in the last 48 hours. This large-scale accumulation is part of a broader trend, where whales and institutional players have been buying XRP during periods of market weakness. Historically, such accumulation phases have preceded strong price recoveries, as long-term investors position themselves for future gains. Whales bought over 150 million XRP in 48H | Source: Ali Martinez on X


For now, XRP bulls must hold current levels and reclaim key resistance zones to confirm the start of a new rally. If XRP breaks through crucial supply levels, it could signal the beginning of a major price surge, potentially pushing it into new all-time highs. The next few trading sessions will be critical in determining whether XRP can maintain its momentum or if further consolidation is needed before the next move upward. Price Holds Above Key Demand


XRP is currently trading at $2.37, maintaining strength after defending the $1.89 support level last week. Bulls have successfully held key demand, preventing further downside, but the main challenge now is breaking above crucial supply zones to trigger a rally. XRP Holding above crucial demand | Source: XRPUSDT chart on TradingView


If XRP pushes above the $2.60 mark with strong momentum, it could open the door for a rally into price discovery. A break and reclaim of the $3 level would likely signal the start of a major uptrend, potentially leading to new all-time highs.


However, the market remains volatile, and a retest of range lows is still possible before XRP makes a decisive move. Bulls must continue defending key support levels while building momentum for a breakout above resistance. Related Reading Ethereum Consolidates Since ‘The Big Dump’ – Local Trend Reversal Or Continuation? 2 days ago


The next few days will be critical in determining XRP’s short-term direction, as a failure to reclaim $2.60 could lead to a deeper consolidation phase before another attempt at higher prices.


Featured image from Dall-E, chart from TradingView

News Feed

Uniswap Price Nears Moving Average: A Crucial Test For Market Dynamics
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Chainlink (LINK) Targets Rebound To $19 — But Only If This Key Support Holds
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Gareth Jenkinson12 hours agoBitcoin to hit $100K in 2024? Canaan VP weighs up 2024 halving opportunitiesCanaan vice president Davis Hui believes a supply deficit following the next Bitcoin halving will drive its price pa
3 Debit Cards Nigerians Can Use to Spend Cryptocurrencies in Stores and Online
3 Debit Cards Nigerians Can Use to Spend Cryptocurrencies in Stores and Online Options to acquire cryptocurrencies in Nigeria have been growing in number, along withincreasing in
Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies
Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools
Swiss National Bank Trials CBDC in Transactions With Five Banks
Swiss National Bank Trials CBDC in Transactions With Five Banks The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks
Robert Kiyosaki Warns About Stocks, Bonds, Mutual Funds — Says Bitcoin Best for ‘Unstable Times’
Robert Kiyosaki Warns About Stocks, Bonds, Mutual Funds — Says Bitcoin Best for "Unstable Times" The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, ha
Santander appoints crypto custodian Taurus to safeguard Bitcoin, Ether: Report
Arijit Sarkar10 hours agoSantander appoints crypto custodian Taurus to safeguard Bitcoin, Ether: ReportAn unconfirmed report suggests Taurus will provide crypto custodial services to Spanish financial services giant Banc
US Economy at Risk of Crash Landing, Allianz Warns
US Economy at Risk of Crash Landing, Allianz Warns Allianz, one of the world’s largest insurers, has warned that the U.S. economy is headed toward a crash landing. “We expect t
While Speculators Believe Bitcoin’s Third-Largest Wallet Is a Mystery Whale, Onchain Data Suggests It’s an Exchange
While Speculators Believe Bitcoin"s Third-Largest Wallet Is a Mystery Whale, Onchain Data Suggests It"s an Exchange The price of bitcoin has dipped below the $60K zone, a number of
J.W. Verret3 hours agoSam Bankman-Fried’s trial is telling a story of classic financial deceitDisgraced FTX CEO Sam Bankman-Fried wasn"t the first financial kingpin to get creative with balance sheets, and he won"t be
Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets
Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets A group of U.S. banking regulators is working on how banks can be allowed to offer crypto service