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Home ยป News ยป XRP price today: Ripple trades at $2.44 as whales accumulate

XRP price today: Ripple trades at $2.44 as whales accumulate

XRP (Ripple) poised for a rally

Rippleโ€™s XRP is trading at $2.44 today up 4.76% in the past 24 hours. The recent price surge follows a sharp 75% spike in daily trading volume, indicating renewed investor interest. XRP has gained 7.32% over the past week, pushing its market capitalization to approximately $143.9 billion.

XRP price rises on increased volume and whale activity

The bullish momentum in XRP is being closely linked to large-volume trades and institutional accumulation:

  • Current price: $2.44
  • 24-hour volume: $5.25 billion (+75.03%)
  • 7-day gain: +7.32%
  • Market cap: $143.94 billion

Analysts note that increased buying from XRP โ€œwhalesโ€ โ€” wallets holding over 1 million tokens โ€” is a strong sign of confidence in the tokenโ€™s medium-term potential. These wallets have reached their highest balance levels in seven weeks, signaling a possible positioning for further upside.

Whale accumulation suggests long-term confidence

On-chain data from platforms like Santiment highlights a clear trend: large holders are steadily accumulating XRP. This behavior is often interpreted as a bullish signal, especially when it coincides with rising volume and breaking resistance levels.

While whale activity doesnโ€™t guarantee gains, it often reduces short-term volatility and suggests belief in XRPโ€™s long-term utility โ€” particularly in cross-border payment systems.

Despite recent gains, XRP faces a series of challenges:

  • Legal pressure: The ongoing SEC case against Ripple still looms large. Although some rulings have favored Ripple, the final judgment has been delayed until Q4.
  • Key resistance: XRP has struggled to reclaim the $2.50 mark. A sustained move above this level is needed to confirm bullish momentum.
  • Profit-taking risk: Whale data from June indicates heavy selling on rallies above $2.45. Without a shift in this behavior, further gains could face short-term resistance.

Price outlook: cautious optimism as XRP approaches breakout zone

Technically, XRP has entered a critical breakout zone between $2.40 and $2.50. Reclaiming and closing above this band on volume could open the door to a run toward $2.70 or higher. However, if resistance holds and whale selling resumes, a pullback toward $2.30 is likely.

Investors should monitor:

  • Whale behavior in the $2.45โ€“$2.50 range
  • SEC case developments in Q3โ€“Q4
  • Broader altcoin sentiment tied to Bitcoinโ€™s stability

Key takeaways

  • XRP price today: $2.44, up 4.76% over 24 hours
  • Volume spike: 75% surge indicates strong investor engagement
  • Whale accumulation: Highest in 7 weeks, reinforcing bullish setup
  • Resistance to watch: $2.50 remains a psychological ceiling
  • Regulatory outlook: SEC case still a wildcard for U.S. market sentiment

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