XRP Could Be Entering a New Rally as Whales Ramp Up Buying, Analyst Says

XRPUSD — mildly bullish near term, but confirmation is needed. The reported accumulation of 1.54 billion XRP in 96 hours, alongside an 8.22% three-session gain, suggests large-wallet demand may be reinforcing momentum and tightening available supply. However, these figures are attributed to an analyst’s on-chain interpretation; they do not establish that the buying will continue or that the wallets represent independent institutional demand.

The key test is whether buying and trading volume persist after the sharp move. The article identifies $1.60 as an overhead supply area where prior trading activity could bring profit-taking; a stall there would weaken the breakout case, while sustained demand through that zone would support the bullish interpretation. That level is the analyst’s technical assessment, not a guaranteed target.

For traders, the immediate bias is positive but vulnerable to reversal: momentum may attract follow-on buyers, while the 8.22% advance also raises the risk of short-term profit-taking. Monitor whether whale accumulation continues, whether volume confirms price strength, and whether broader crypto-market conditions remain supportive.