The price of XRP has surged over 55% since April and is currently showing strong signals that this upward trend may continue. What stands out most is that large XRP wallets — often referred to as ‘whales‘ — are once again moving positively. This phenomenon last occurred just before the massive 400% price rally in 2024.

Whale activity hints at potential turning point

Since November 2024, major XRP holders had been selling — coinciding with a drop in price from above $3.50 to below $2.00. But now, in mid-May 2025, the tide is turning: whale outflows are decreasing, and inflows are picking up. Historically, such a shift often signals bottom formation or the start of a new trend. A similar pattern was observed in the summer of 2024, when XRP was trading around $0.43 and then surged over the following months to $3.55. That nearly 400% increase was preceded by the same kind of whale flow reversal we're seeing again now.

Technical breakout supports bullish outlook

From a technical perspective, XRP recently broke out of a falling wedge — a classic trend reversal signal. This formation, which had been developing since December 2024, was broken in early May near the $2.25 level. That area now serves as a key support zone. Based on the height of the pattern, the next price target is around $3.45 — an increase of approximately 40% from the current level. Meanwhile, $2.80 could act as intermediate resistance before further upside is possible. The RSI (Relative Strength Index) also supports the bullish scenario: it has climbed back above 57, indicating renewed buying pressure.

What does this mean for crypto investors?

While price movements are never guaranteed, the combination of positive whale flows and a technically strong breakout could point to a period of accumulation. This suggests that large market players may be quietly positioning themselves for a possible next move. It‘s not a definitive signal of a rally, but it is a significant first step in the recovery process.

Disclaimer: This is not financial advice. Always conduct your own research and seek professional guidance.