XRP News Today: XRP Targets $3.82 With Over $130M Fresh Whale Accumulation and ETF Momentum
The post XRP News Today: XRP Targets $3.82 With Over $130M Fresh Whale Accumulation and ETF Momentum appeared on BitcoinEthereumNews.com.
XRP is showing signs of renewed bullish momentum as large investors—commonly referred to as whales—accumulate over $130 million worth of the token, even as overall market volume slows. Coupled with increasing speculation around a potential spot ETF and renewed legal clarity, analysts are beginning to eye a possible surge toward the $3.82 mark, and possibly even higher in the near term. Whale Accumulation Signals Growing Confidence in XRP According to blockchain analytics shared by Ali_Charts, wallets holding between 10 million and 100 million XRP have scooped up more than 130 million tokens in just the past 24 hours. This significant whale accumulation occurred during a brief dip in XRP price toward the $3.00 support level. Whales accumulated over 130 million XRP in the past 24 hours, signaling strong buy-the-dip activity. Source: Ali Martinez via X This buying spree follows the launch of a $20 million XRP treasury initiative by Nature’s Miracle, a move some analysts view as a vote of confidence in the token’s medium-term potential. Analyst CasiTrades noted that XRP had completed a wave 2 correction and touched the 0.854 Fibonacci level—historically a key bounce point if the support at $3.00 holds, a “wave 3” rally could be in play, with a potential target around $3.82. “The 2.618 Fibonacci extension points directly to $3.82, aligning with XRP’s former all-time high and strengthening the bullish case,” said CasiTrades via X. ETF Speculation Adds to Bullish XRP Price Forecasts Adding further momentum is a resurgence in ETF speculation. Following Ripple’s partial legal victory over the U.S. Securities and Exchange Commission (SEC) earlier this year, attention has turned toward the potential approval of a spot XRP ETF. Currently, XRP exposure remains limited to futures products like ProShares’ UXRP, but any move toward a spot listing could dramatically boost demand. Jamie Elkaleh, CMO…
Filed under: News - @ July 27, 2025 1:23 am