It seems that XRP is coming to life. And it's not just a technical bounce. It feels like something... much meatier.
Remember XRP?
The project that promised to revolutionize the banking system then got bogged down in a lawsuit with the SEC, and then soared to $3.55 before crashing back to a 'remember how it was' level. Well, it's back in the game. And not just moving.
55% growth in a month? This is not DOGE under Elon.
Since early April, the price of XRP has risen more than 55%, bouncing off a local bottom around $1.61. This is not random speculation on the back of someone's tweet. This is backed by numbers — blockchain data.
Whales are back. What did you think?
Here's where it gets interesting. Since the end of 2024, whales — the ones holding bundles of XRP that can move the market — have been dumping assets. And the price crashed: from $3.55 to below $2.00.
But in mid-May 2025, they suddenly slowed down. Net flows on the 90-day average became positive for the first time since November 2024. And you know what that means? Historically, this has always coincided with market reversals. No joke. An example? In July 2024, whale inflows = XRP growth from $0.43 to $3.55. +400%.
XRP broke out of a multi-month descending wedge. Technically, this is a pattern that looks like the market is about to wind up before a punch. The punch occurred at $2.25, just above the 50 EMA — and this is now key support.
Breakout target? $3.45. About 40% above the current price. This is not just 'maybe'. This is if the market behaves like it did before, and it usually does, especially when whales are heating up interest.
The Relative Strength Index (RSI) bounced above 57. This indicates that the bulls have started breathing again. Not struggling to breathe through a mask like in 2022, but really pulling in liquidity. Buyers are not just testing the market — they are already in it.
A resistance level of $2.80 looms on the horizon. And it's not cardboard. It's as solid as taxes under Biden. The price might consolidate a bit — because even whales can't eat infinitely.
But! If this is an accumulation phase (and inflows suggest it is), then the next impulse may not be a 'dead cat bounce', but a real flight — without a parachute, like in January 2025.
So should you buy XRP right now?
Well, if you like buying on pullbacks, with trend confirmation when whales stop dumping, and the technical picture shines green — then yes, it deserves a spot on your watchlist. Or even in your portfolio, if you're not afraid of risk.
But as any self-respecting analyst would say: DYOR. Do your own research. Because the chart is not responsible for your losses. But your finger, pressing the 'Buy' button, is.
I am not a financial advisor. But if I were a whale, I definitely wouldn't be dumping XRP right now. Because, apparently, the evening is no longer languorous.