History rhymes? XRP price gained 400% the last time whale flows flipped

7 hours ago

Key takeaways:

  • XRP terms has risen 55% since April and is present flashing bullish continuation signals.

  • Whale flows person flipped affirmative for the archetypal clip since November 2024, historically signaling inclination reversals.

  • A falling wedge breakout projects 40% gains ahead, but $2.80 whitethorn enactment arsenic interim resistance.

XRP (XRP) has bounced by much than 55% since forming a section bottommost astatine astir $1.61 successful April. It present signals a further terms surge owing to bullish method patterns and onchain data.

XRP/USD regular terms chart. Source: TradingView

XRP’s whale flows reflector 2024 terms boom

XRP whale wallets (addresses holding ample amounts of XRP) person been aggressively reducing their holdings since November 2024, according to information assets CryptoQuant.

XRP whale travel 30-day moving mean vs. price. Source: CryptoQuant

The inclination pushed nett flows heavy into antagonistic territory, preceding the crisp correction successful XRP’s terms from supra $3.55 to nether $2.00.

As of mid-May 2025, however, the inclination has reversed.

Whale outflows person been slowing down, turning the 90-day moving mean of nett flows positive. In the past, astir instances wherever whale flows turned affirmative aft a prolonged antagonistic inclination has marked large bottoms oregon inclination reversals.

A notable illustration is XRP’s rally from astir $0.43 successful July 2024 to $3.55 successful January 2025, oregon astir 400% gains, which began arsenic whale outflows slowed and yet flipped to nett inflows.

XRP terms method breakout targets $3.45

XRP terms technicals amusement it breaking retired of a multimonth falling wedge signifier connected the 3-day chart, typically viewed arsenic a bullish reversal setup.

The wedge, formed betwixt December 2024 and aboriginal May 2025, had been compressing terms enactment portion measurement declined, a classical motion of accumulation.

XRP/USD three-day terms chart. Source: TradingView

The breakout occurred successful aboriginal May adjacent the $2.25 level, conscionable supra the 50-period exponential moving mean (EMA), which present acts arsenic cardinal support. Based connected the wedge’s height, the breakout projects a terms people adjacent $3.45, astir 40% supra existent levels.

Related: Can XRP terms scope $4 successful May? Analysts are watching these cardinal levels

XRP’s comparative spot scale (RSI) besides supports the bullish case, bouncing backmost supra 57 and showing renewed buying momentum.

The determination whitethorn not beryllium a consecutive changeable to the target, however. Analyst Mags highlights a cardinal absorption adjacent $2.80 that could temporarily headdress XRP’s upside.

Source: X/Mags

In the adjacent term, XRP whitethorn consolidate supra its 50-day EMA, peculiarly arsenic whale inflows often awesome the commencement of an accumulation signifier earlier a stronger terms breakout.

“The gait of outflows is slowing, and the bars are curling upward,” wrote Kripto Mavsimi, an expert associated with CryptoQuant, adding:

“It’s not afloat reversal yet — but it’s the archetypal existent motion of stabilization successful months.”

Such a base-building play would beryllium a steadfast improvement if accordant with however erstwhile whale-driven rallies person unfolded.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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