Key Takeaways:
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The whales continue to accumulate XRP, creating a steady tail for the price.
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The price of XRP should hold a basic support level to continue climbing towards $ 4, analysts say.
XRP (XRP) The price showed strength on Monday, rising 2% in the last 24 hours after arranging businessmen for sale last week, in conjunction with a 50 billion XRP sale of ripple co-founder Chris Larsen.
The XRP price remains above $ 3 at the time of writing, and the analysts are watching some basic support levels that must be handled in order to continue the support.
Whales accumulate XRP above $ 3
Some indicators show that the price of XRP can continue its upbringing across Fear of possible future sellers by Chris Larsen.
For example, the Santiment supply distribution measurement shows a stable increase in supply held by creatures with 10 million -100 million balances. These addresses now hold 8.31 billion XRP, a new monthly high. This represents 14% of the total supply of XRP transferring.
In other words, whales do not sell The fall of last week at $ 2.95 But the XRP has accumulated, which suggests that most remain bullish.
More importantly, these large creatures reduce sales pressure and create a price floor, encouraging smaller retail investors to follow the suit.
Meanwhile, the growth of the XRP Ledger network remains high as a spike in new wallets reflects high demand. XRP also gained more than 30% against Bitcoin (Btc) in the last 30 days.
The chart below shows that the new addresses created in XRPL sinking around 11,000 on July 18, which averaged relatively 7,500 per day.
SANTIMENT wrote:
“The XRP has climbed back above $ 3.25 because it gets against Bitcoin again. Ledger’s network growth keeps high levels.”
XRP price levels watch before $ 4
Many market analysts believe that XRP will revisit its multi-year High $ 3.66 And go even higher, but some basic levels of support should be defended first.
Data from Cointelegraph Markets Pro and Tradingview It is shown that the price of XRP has booked from a major demand zone above $ 3 on June 25 after repairing around the $ 2.95 level.
“This pullback removes almost 30% of all open interests in XRP (1.3B),” Says Businessman and Analyst Dom in a post of July 24 on X.
Related: May finish XRP’s Bull Run to $ 3.65: Here’s what should happen to save it
The $ 2.95 local level coincides with the monthly volume weighted average price (VWAP) and the monthly volume rotation weighted average price, or RVWAP.
“I think up to $ 2.80s is the lowest we want to see it before the structure becomes questionable.
Fellow Analyst Casitrades Says XRP’s “critical support” remains at $ 3, adding that if the volume starts to rise and the price destroys $ 3.3 resistance (where the 50-per-per-per-peer SMA is sitting), “we can see freshly high!”
Casitrades added:
“The first target Wave 3 is sitting near $ 3.82, which is the 2.618 Fibonacci Extension.”
Meanwhile, pseudonymous analyst Xforceglobal said “XRP is getting primed for $ 4, soon,” based on Elliott’s wave assessment.
“We are probably at the most profitable stage: wave ③.”
$ XRP#Ripple‘s #Xrp is getting primed for $ 4, as soon as possible.
The biggest clue lies in our assumption that the higher degree waves (I)-(II) and ① -② are labeled correctly. The proper context of the wave is assumed, imo.
We are likely to be at the most profitable stage: wave ③. pic.twitter.com/ypmev6obfx
– Xforceglobal (@xforceglobal) July 27, 2025
Many other analysts predict a $ 4 XRP price in the near future. Veteran veteran Peter Brandt said the XRP was formed by a “highly rare continuity Fulcrum compound” that could Push prices to $ 4.47.
Others are mentioning The accumulation of whale, Strong technical and Positive emotion in the market As likely as likely drivers for the price of XRP to reach $ 4 or higher.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
