Large transfers of XRP, suggesting a possible correction, reported by CryptoQuant.
In a significant development for the cryptocurrency market, XRP saw a notable increase of 9.7% on Thursday, reaching a price of $3.29, as reported by CoinGecko. This surge comes amidst reports of large XRP holders transferring their tokens to exchanges, a trend that is often interpreted as a potential signal of an upcoming price inflection point.
Last month, the asset's price jumped to a new all-time high of $3.65. On July 18, XRP whales moved 660 million tokens to exchanges, a move that has been closely monitored by analysts. According to ZachXBT, an estimated $140 million worth of XRP belonging to Ripple co-founder Chris Larsen made its way to exchanges before the price surge.
CryptoQuant Head of Research, Julio Moreno, predicts that XRP's price could face short-term pressure due to this increased rate of large holders moving funds to exchanges. He notes that in the past, such activity has preceded periods of heightened volatility and potential market opportunities or uncertainties.
The trend was first flagged by The Enigma Trader, a pseudonymous analyst, who suggested that this behaviour could indicate an inflection point for XRP prices. In July, XRP's price dropped after exchange inflows from whales spiked, a pattern that has been observed in the past.
Market Implications
Analysts observe a cup and handle formation developing over nine months in XRP, which, if confirmed by a breakout above the current resistance around $3.30–$3.40 with strong volume, could trigger a bullish phase. This bullish phase could target prices of $4–$5 or higher by September 2025.
Some market analysts project that if XRP breaks above $3.70—a higher-level resistance point—it could rapidly surge toward $5 to $10, driven by positive legal developments, increased institutional inflows, and ecosystem upgrades. Conversely, failure to break this level may cause a correction or “healthy pullback” toward support levels around $2.20 to $2.75.
A surge in on-chain volume and increased inflows into XRP exchange-traded products (ETPs) are signs of rising investor interest, potentially validating future price volatility and momentum.
Future Trends
If technical breakouts align with ecosystem growth and regulatory clarity, XRP could enter a strong upward trajectory. Some analysts suggest a 200% price increase to $9 or more within weeks after a breakout due to XRP’s historical parabolic moves during bull cycles.
However, regulatory uncertainties, macroeconomic pressures, and the possibility of a failed breakout mean traders should use risk management tools such as stop-loss orders set below critical supports (e.g., $2.75) and limit exposures to 5-10% of holdings.
The longer-term outlook for XRP remains varied, with models and community predictions ranging from moderate targets around $5 to optimistic forecasts of $10+ by late 2025. More conservative views place XRP in a $1.50–3 range if external conditions worsen.
Summary
The increased transfer of XRP to exchanges signals heightened market activity preceding a critical price inflection point. If XRP's current technical resistance levels are broken with strong volume and supported by positive news flow, this could lead to a significant bullish rally possibly reaching $5 to $10 in the near term. However, failure to clear these levels may result in a corrective pullback to lower supports. Investors should closely monitor volume trends, legal developments, and key technical thresholds to gauge XRP’s direction and volatility risk.
- Amidst increased transfer of XRP tokens to crypto exchanges, analysts are closely monitoring the situation as it could signal an upcoming price inflection point.
- The bullish phase for XRP could target prices of $4–$5 or higher by September 2025, if a cup and handle formation in XRP develops and a breakout above the current resistance is confirmed.
- A break above $3.70 could rapidly surge XRP's price toward $5 to $10, driven by positive legal developments, increased institutional inflows, and ecosystem upgrades.
- A surge in on-chain volume and increased inflows into XRP exchange-traded products (ETPs) are indicators of rising investor interest, potentially validating future price volatility and momentum.
- If market conditions align and XRP's technical resistance levels are broken, the cryptocurrency could enter a strong upward trajectory with a potential 200% price increase to $9 or more within weeks. However, investors should use risk management tools and be aware of regulatory uncertainties, macroeconomic pressures, and the possibility of a failed breakout.
