How much can the XRP price rise? Whale currents have turned positively, technical data indicate a strong rise
The XRP price has technically reached the upper breaking point with the acceleration of whale purchases. The symmetrical triangular formation indicates that the price can rise to $ 3.80 in July.
The XRP rose by 6.5 %in the last 24 hours and reached $ 2,20. Behind this ascension, Ripple’s withdrawal of the appeal against the US SEC with withdrawal.
The price movement takes place within the consolidation phase of the 575 %rise trend since November 2024. However, technical data shows that this horizontal course may have been reached.
🔺 Symmetric triangular formation: target 3.81 dollars
After reaching $ 3.40 in February, the XRP created a symmetrical triangular formation. These formations are usually technical structures that indicate that the previous trend (in this case) will continue.
As of June 28, the XRP tests the upper band of this triangle.
The 50 -day EMA (red line) is a strong resistance at the same point.
In case of upward output from the formation, the price of XRP may rise to approximately $ 3.81 in July.
🐋 Whales went to the purchase: the accumulation signal
According to Cryptoquant, the On-Chain Analysis Platform, the average of the 90-day whale flow of XRP returned to positive in May. This indicates that the distribution process between January and April has ended and the institutional procurement process has begun.
This tendency is in parallel with the 420 %rally in the last quarter of 2024.
The current wave of purchases creates a strong environment of confidence, leaving even the levels in 2024 behind.
🧭 2,34-2,40 dollars: critical resistance and liquidation zone
According to Cryptoquant’s Binance XRP/USDT liquidation map, the $ 2,34-2,40 range includes over $ 525 million.
Such regions may serve as magnet regions where the price is drawn due to high liquidity.
In June, the XRP tested the lower limit of this band, but had a strong rejection.
📌 Evaluation: July can be critical
The XRP may be on the verge of a new wave of ascension, both with the potential for breakdown in technical analysis and the transformation in the whale flows.
If the upward break is confirmed, the $ 3.80 level stands out as an accessible target in July 2025.
However, investors need to be careful against sales pressure that may occur in the range of $ 2.34-2.40.
