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The latest price action saw XRP leap from $1.97 to a high of $2.173, posting a 10.5% range and confirming a decisive breakout above the $2 psychological barrier. XRP Price. Source: CoinGecko Volume spiked to 217 million during the late session, nearly three times the average, as buyers overwhelmed sellers and established $2.06 as a new support zone. Technical analysts highlight that XRP has now cleared both the 100-hour moving average and a multi-month bearish trend line, setting up a bullish structure if the $2.13–$2.15 region holds. Whale Transfers and On-Chain Signals On-chain data reveals a flurry of large XRP transfers in recent days. Notably, a whale moved $58 million in XRP to Coinbase, raising fears of a potential selloff. Yet, instead of tanking, XRP’s price held firm—showing “impressive resilience” even as other cryptos struggled amid global tensions. “XRP’s breakout is real—volume, whales, and retail are all in sync. $3 is next if this momentum holds.” — @CryptoDom Analysts suggest this signals a maturing market, with institutional buyers absorbing supply and retail traders undeterred by whale moves. Ripple itself transferred nearly $439 million in XRP to an unknown wallet, sparking debate about the company’s intentions. While some community members worry about transparency, others see these moves as positioning for a potential spot ETF or treasury accumulation, especially as the SEC lawsuit nears a resolution. Ripple v. SEC: Lawsuit Timelines Fuel Sentiment The ongoing Ripple v. SEC case remains a major driver of sentiment. After a recent 60-day pause in appeals, investors are watching for the next round of filings, which could bring long-awaited regulatory clarity. The settlement of this years-long battle has already shifted industry sentiment, with many now betting on an eventual XRP ETF approval and broader institutional adoption. Google Trends and Retail FOMO: “XRP to $3” Goes Viral…

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Filed under: News - @ June 24, 2025 3:22 pm