12-7-2025 – XRP has surged 26% this week to reach $2.80, marking its highest level since late May as large-scale whale accumulation and renewed ETF speculation fuel the rally. The token gained over 8% in the past 24 hours, significantly outperforming the broader cryptocurrency market, according to data from coinmarketcap.
Blockchain analytics reveal intensified whale activity driving the price momentum, with large holders accumulating XRP positions near the $2.65 resistance level. Market observers note that whale movements have shifted from selling pressure in March to aggressive accumulation patterns throughout June and July. The buying activity comes amid growing institutional interest in XRP as a cross-border payment solution and speculation around potential ETF approvals.
Technical analysis suggests XRP faces immediate resistance at $2.85, with analysts targeting $3.40 if buying momentum continues. The token remains approximately 40% below its all-time high of $3.84 set in January 2018, leaving substantial room for upward movement if market conditions remain favorable. XRP’s current trading range between $1.80 and $3.29 throughout 2025 demonstrates continued volatility as regulatory clarity and institutional adoption evolve.
Traders are monitoring whale wallet movements and ETF filing developments as key catalysts that could drive XRP beyond $3.00 for the first time since early 2025.