XRP In Big Breakout Mode As Wallets Hit Major Milestone
2025-07-17 15:30:01
Main Idea
XRP is experiencing a significant breakout with wallet accounts surpassing 7.19 million and its price aggressively approaching $3.50, supported by whale activity and technical indicators.
Key Points
1. XRP wallet accounts have surged past 7.19 million, indicating substantial whale accumulation and long-term confidence in the cryptocurrency.
2. XRP's price is currently at $3.24, up 9.46% in 24 hours, with technical indicators suggesting a breakout from a key consolidation range targeting $3.40–$3.50.
3. Market analysts note inflows of over 2.2 billion XRP into whale wallets, reinforcing bullish sentiment.
4. The ProShares XRP Futures ETF, set to launch on July 18, is expected to enhance visibility and liquidity for XRP.
5. Technical indicators like RSI and MACD show positive momentum, though RSI entering overbought territory may signal a short-term pullback.
Description
XRP is entering what many analysts are calling its most explosive phase in years . In a recent post on X, crypto influencer Xaif revealed that XRP wallet accounts have surged past 7.19 million, marking an all-time high. This milestone in wallet growth coincides with a powerful price surge, as XRP climbs aggressively toward the $3.50 mark. Xaif’s declaration, “Breakout mode: XRP…The charts don’t lie. XRP is waking up”, captures the sentiment sweeping through the XRP community. Backed by on-chain ...
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