- XRP eyes explosive rally as price surges past $2.45 backed by whale accumulation
- MACD, RSI, and liquidations confirm bullish momentum with upside potential ahead
- Historical EMA bounce patterns suggest XRP could climb toward $11–$30 range
XRP has surged past a key resistance level, signaling the possibility of a major rally ahead. The token, currently trading at $2.45, has gained over 7.4% in the past week. Backed by bullish technical indicators, rising whale activity, and strong historical performance, XRP’s momentum could drive it toward new all-time highs. With market watchers increasingly optimistic, this could be the beginning of the asset’s next explosive move.
According to crypto analyst EGRAG CRYPTO, XRP has consistently shown massive rallies after bouncing off its 21-week exponential moving average (EMA). In the past, XRP delivered gains of 1,400% and 455% in two separate cycles.
The average return from those rallies stands around 924%. If this historical pattern repeats, XRP could potentially climb to levels between $11 and $30, with an average target of $20. This projection, although speculative, aligns with the increased bullish sentiment and on-chain data.
#XRP – Are You Prepared? 🔥
— EGRAG CRYPTO (@egragcrypto) July 10, 2025
Trust me, when the hype kicks in, it’ll feel like we’ll never go down. But remember to use the "Dumb and Smart" Indicator! :
"When you feel SUPER SMART, it’s usually time to sell, When you feel SUPER DUMB, that’s often the signal to buy."
Back to… pic.twitter.com/6swgYT40b0
Whale Activity and On-Chain Strength
Santiment data shows a strong accumulation trend among large holders. The number of wallets holding over 1 million XRP reached 2,742, just one short of its all-time high. These wallets now hold a combined 47.32 billion XRP.
This rise in whale balances suggests growing confidence among institutional and high-net-worth investors. Such trends often precede major market moves, as whales typically accumulate before significant price increases.
Furthermore, XRP’s market value recently hit a seven-week high, breaking above $2.39 for the first time since late May. The consistent increase in price, coupled with large-scale accumulation, supports the case for a continued rally.
🐳 XRP's market value has hit a 7-week high, crossing above $2.39 for the first time since May 23rd. What to watch for are the rising number & collective balances of whales holding at least 1M $XRP.
— Santiment (@santimentfeed) July 9, 2025
There are currently 2,742 wallets holding at least 1M XRP, one off from… pic.twitter.com/UPPlSWq7TD
Technical Indicators Support Bullish Case
Technically, XRP appears primed for further upside. The MACD line remains above the signal line, indicating sustained bullish momentum. The histogram stays positive, which confirms the possibility of an extended uptrend.
Additionally, the RSI is currently at 58.77, pointing to slightly bullish conditions without entering overbought territory. This leaves room for further price movement without immediate risk of correction.
In the derivatives market, over $12 million worth of liquidations were recorded in 24 hours. Interestingly, $10.9 million of those came from short positions. This suggests strong upward pressure and growing investor confidence.
