XRP Price Prediction: Whale Accumulation Triggers Triangle Breakout – What’s Next?

TLDR

XRP trades at $2.94 with 4.24% daily gains and 174.48% volume surge to $5.55 billion Whales purchased approximately $630 million worth of XRP since September 3, supporting price above $2.85 93% of XRP holders now show profits, creating potential selling pressure on rallies Technical indicators show weakening selling pressure with RSI at 51.90 and improving MACD readings Bulls target resistance levels at $3.01, $3.07, and $3.40 for potential breakout confirmation

---

XRP currently trades at $2.94, marking a 4.24% increase over the past 24 hours. The digital asset has shown strong market activity with trading volume jumping 174.48% to reach $5.55 billion.

XRP Price

The cryptocurrency maintained weekly growth of 5.82%, keeping bullish momentum alive in recent trading sessions. This upward trend demonstrates steady market interest from both retail and institutional participants.

Large-scale investors have been driving much of the recent price action. Since September 3, whale groups holding over 1 billion XRP and those with 10 million to 100 million tokens have increased their positions by approximately $630 million combined.

These major holders grew their balances from 23.86 billion to 23.93 billion XRP, while the smaller whale group expanded from 7.61 billion to 7.76 billion tokens. The buying activity helped push XRP above the critical $2.85 support level.

Trading data from CoinGlass shows open interest increased by 6.92% to $7.91 billion. The funding rate remains positive at 0.0078%, indicating stable confidence among derivatives traders.

Source: Coinglass

Technical Indicators Show Mixed Signals

The Relative Strength Index currently sits at 51.90, positioning slightly above the neutral 50 mark. The RSI signal line reads 44.90, suggesting upward momentum without reaching overbought conditions.

Moving Average Convergence Divergence indicators present a principal line value of 0.00777. The signal line shows -0.04502, with the histogram at -0.05279, indicating weakening selling pressure.

Crypto analyst Egrag Crypto highlighted that the current cycle revolves around the decisive $2.94 level. A convincing close above this zone could allow bulls to regain control of price action.

#XRP – Finishing or Continuation of the Throwback? 🤔🔄:

If #XRP can close above $2.94 with conviction, and push past the 33 SMA around $3.01, we’ll start to see early signs that the bulls are in control, potentially finishing the throwback. The low from September 1st could… pic.twitter.com/nUtQj2sDEj

— EGRAG CRYPTO (@egragcrypto) September 8, 2025

The first major resistance test appears at the 33-day Simple Moving Average of $3.01. Breaking above the 55-day SMA at $3.07 would provide stronger evidence of trend reversal.

Profit-Taking Creates Headwinds

Despite whale accumulation, profit-taking activity presents challenges for sustained upward movement. The percentage of XRP supply showing profits climbed from 85.6% on September 1 to 93.4% by September 7.

Source: Santiment

When most holders sit in profitable positions, selling pressure typically increases as investors lock in gains. HODL wave data confirms this trend, showing short and medium-term holders have been reducing positions.

Three-to-six-month holders decreased their share from approximately 9.05% to 6.12% of total supply. One-week to one-month holders fell from about 7.68% to 2.61% during the recent bounce.

Source: TradingView

XRP broke out of a descending triangle pattern that had created bearish pressure for several weeks. The triangle risked a breakdown below $2.69, but instead XRP moved higher, eliminating immediate downside risk.

The $3.40 level represents the final indicator of breakout momentum according to technical analysis. A failure to maintain above the $2.94-$3.00 range could extend the current consolidation period.

Support levels remain crucial for maintaining bullish structure. The $2.85 level provides immediate support, while $2.69 represents the key level that must hold to keep the three-month uptrend intact.

Current market conditions show liquidity building for a potential directional movement. Volume increases and stable derivatives metrics suggest markets are positioning for the next major price swing.

XRP whales accumulated $630 million worth of tokens since September 3, with the cryptocurrency now trading at $2.94 and targeting resistance at $3.40.

The post XRP Price Prediction: Whale Accumulation Triggers Triangle Breakout – What’s Next? appeared first on CoinCentral.