XRP Headed to $7? The Expansion Phase Has Begun
The post XRP Headed to $7? The Expansion Phase Has Begun appeared on BitcoinEthereumNews.com.
TL;DR XRP dropped to $3.00 before rebounding as record selling volume tested major support levels. Over 320 million XRP bought by large wallets suggests renewed institutional accumulation pressure. XRP charts show breakout retest as analysts eye expansion phase with $7 target in sight. Price Drops Sharply After Market Liquidations XRP dropped more than 6% in the last 24 hours, falling to $3.00 before recovering slightly. The fall came during a broad selloff in the crypto market, triggered by over $1 billion in liquidations. This marked the asset’s lowest price in over a week. The 24-hour trading volume crossed $11.1 billion, with a sharp wave of selling pressure hitting during the early hours. During that time, XRP recorded 436.98 million units traded in a single hour — the highest hourly volume this quarter. Late in the session, buying picked up, helping stabilize the price around $3.12. Institutional Buying Signals Fresh Accumulation Crypto analyst Crypto King shared the view that XRP has moved out of its accumulation and manipulation stages. They believe the next phase, expansion, is now underway, with a price target of $7 in this cycle. Their analysis is based on chart structure and increased interest from large players. $XRP is heating up and institutions are stepping in. We are now entering the phase I have been waiting for: Manipulation doneAccumulation doneExpansion loading… The chart and fundamentals are lining up for something massive.My target this cycle is $7.00 If you ignore… pic.twitter.com/RcK5D3mcEJ — Crypto King (@CryptoKing4Ever) August 14, 2025 Supporting this, on-chain data from Ali Martinez shows large holders bought around 320 million XRP in the past three days. This total purchase is worth about $1 billion. This type of buying often reduces short-term selling pressure and can shape how smaller investors react. XRP’s price structure shows a shift after…
Filed under: News - @ August 15, 2025 6:28 am