Whales have accumulated more than 130 million XRP within 24 hours, coinciding with a key technical setup. This buying activity comes as XRP holds its $3.00 support level, with analysts pointing to a potential breakout toward $3.82.
Whale Activity Supports XRP Price Stability
According to blockchain data shared by Ali_Charts on X, large holders purchased over 130 million XRP in one day. These wallets, which had a range of 10 million to 100 million XRP, had an increment in their balances in the dip. This implies that whales purchased the token when it retreated after running into the resistance level of $3.21.
This process happened as Nature Miracle introduced a 20 million XRP treasury program. The program provides additional purchase stimuli to XRP and institutional-quality interest, supporting the price near the level of 3.00 dollars.
Technical Indicators Point to $3.82 XRP Breakout
According to CasiTrades on X, XRP completed a wave 2 correction, reaching the 0.854 Fibonacci retracement. This level has historically provided strong price rebounds. CasiTrades stated that if the $3.00 level holds, XRP could enter a wave 3 rally.
The analyst used the 2.618 Fibonacci extension in calculating a target of 3.82. This level coincides with the previous all-time high associated with XRP, which means that this place can be seen by the market players as a reference point in terms of possible price movements.
🚨 XRP Tests Critical $3 Support: Is Wave 3 About to Begin? 🚨
Unfortunately, $XRP could not hold the $3.21 resistance, and ultimately has come back down to backtest the $3.00 major support.
What's promising is that we have not made a new low. Instead, it appears to have… pic.twitter.com/bVD3HAwRBN
— CasiTrades 🔥 (@CasiTrades) July 25, 2025
In the meantime, XRP could not reject the hammer between the price resistance at the level of 3.21. Market participants continue to watch these levels closely for a decisive move in either direction.
Derivatives Data Show Reduced Risk Appetite
According to data from Coinglass, XRP derivatives activity has declined. The volume of trade went down by 37.07 percent to 15.43 billion dollars. The open interest decreased by 5.77 percent to 8.87 billion. Even in the options trade, the volume and interest reduced by more than 75% and 95% respectively.
The long/short ratios are bullish, but the low activity seems to be a contrary indicator. A long/short ratio is currently 2.82 in Binance and stands at 2.08 in OKX. These ratios give information that the majority of traders are looking forward to the prices increasing, even though the volumes are falling.
Changes in the long/short ratio for the 24 hours of different platforms indicate the market sentiment to be somewhat bullish, yet possessing mixed bias all around, with a 0.908 ratio.
XRP Market Price Holds at $3.14 Despite Larsen Transfers
XRP is currently trading at $3.14, based on data from CoinMarketCap. The price has decreased by 1.41% over the last 24 hours. The dip coincides with a transfer of 175 million XRP to exchanges by Ripple co-founder Chris Larsen.
According to market watchers, this transfer contributed to short-term selling pressure. Still, the whale accumulation has provided support to keep XRP above key levels.
Traders will continue to monitor the $3.00 support and $3.21 resistance zones for direction. Whales remain active, and a breakout above resistance could see XRP move toward the $3.82 Fibonacci target.
