The XRP price surged nearly 3% today, fueled by a dramatic 93% decline in whale-to-exchange activity and renewed accumulation signs, putting the token back on investors’ radars as it eyes a new all-time high.
XRP price today: July 28, 2025
XRP is currently trading around $3.28, continuing its upward trend despite market consolidation elsewhere. The price briefly tested $3.33 earlier in the session before pulling back slightly as traders awaited confirmation of a breakout.
Whale selling activity drops by over 90%
On-chain data reveals a significant cooling in large holder activity:
- Whale-to-exchange flows:
- July 11: 43,575 XRP
- July 28: 2,965 XRP
- Change: −93.2%
This sharp decline suggests whales are pausing sales, removing key downward pressure and opening the door to potential price expansion.
“We’re seeing early signs that larger holders are retreating from aggressive selling,” noted analysts from CryptoQuant. “This can signal a shift in sentiment from distribution to early accumulation.”
Bullish divergence forming on Chaikin Money Flow
A divergence between price and the Chaikin Money Flow (CMF) indicator adds further weight to the bullish case:
- Price pattern: Lower highs
- CMF signal: Higher highs
This divergence points to increasing capital inflows even as the price consolidates — a classic sign of accumulation that often precedes major rallies.
XRP breakout zone: What to watch
Technical indicators highlight key resistance and support levels:
- Resistance zone: $3.30 to $3.37
- Breakout targets: $3.62 → $3.83 → $4.00
- Key support: $2.96
- Breakdown risk: A close below $2.96 could delay further upside
If XRP holds above $3.20 and decisively breaks $3.37, it could trigger a new wave of momentum — potentially revisiting or surpassing previous highs near $3.83.
What’s driving broader crypto momentum?
- Bitcoin is testing the $120,000 barrier
- Ethereum is approaching $4,000
- Dogecoin is forming a bullish golden cross
- Market sentiment is improving following reduced geopolitical risks and institutional accumulation trends
The crypto market’s recent surge is partly driven by President Trump’s tariff reduction deal with the EU, which has helped lift investor confidence and reduce macroeconomic uncertainty.
Should you buy XRP today?
While short-term volatility remains, the drop in whale sell-offs, rising accumulation, and technical strength suggest XRP may be entering a new bullish phase. However, traders should watch for confirmation above $3.37 before assuming full continuation.
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