Whales Are Betting Big On XRP Crypto, But The Future Remains Uncertain!

A renewed interest from whales in XRP has been observed in recent days, suggesting long-term bullish expectations. However, the token struggles to break through key resistances, fueling speculation about its immediate future.

The accumulation of XRP whales: a long-term bet?

New data from the analysis platform Santiment shows a significant accumulation of XRP by whales, these major market investors who hold between 1 and 10 million tokens. In just three days, the number of these addresses increased from 1,606 to 1,614. During this period, these whales acquired approximately 50 million XRP, valued at an estimated $26.5 million. These operations take place in a context of stagnation in XRP prices, with the token oscillating between $0.54 and $0.56, resistance levels that the asset has not yet managed to break through. Despite this, the accumulation of whales seems to indicate optimism about a possible breakthrough of this resistance in the medium or long term. “Whales continue to strengthen their positions, which could mean they anticipate an upcoming rise,” say Santiment experts.

However, this accumulation occurs while XRP is experiencing a stagnant or slightly bearish trend. In recent days, the asset has failed to exceed its 50-day ($0.56) and 200-day ($0.54) moving averages. This inability to break through these key technical thresholds could signal short-term weakness, especially as Ripple’s Relative Strength Index (RSI) is dangerously approaching the oversold zone with a value of 42. If this threshold is reached, it could increase downward pressure on the token’s price, although whale optimism may counterbalance this trend.

Sale pressure and technical uncertainties

Despite whale accumulation, other indicators suggest that the short-term outlook for XRP remains uncertain. According to data provided by CryptoQuant, a notable increase in XRP flows to exchange platforms has been observed in recent days. XRP inflows to exchanges have even doubled compared to outflows, suggesting that many smaller investors prefer to sell their assets rather than hold them. Such a situation, often associated with increased selling pressure, is a sign that confidence in an imminent rise in XRP price is not shared by all market players. The market sends conflicting signals, with whales accumulating and retail investors appearing more cautious.

Moreover, XRP’s recurring failure to exceed its resistance levels of $0.54 and $0.56 could reinforce the idea that the asset is stuck in a consolidation phase. As long as these levels are not overcome, XRP could remain vulnerable to further downward pressures, especially as the RSI index continues to deteriorate. One of the main questions is whether whale accumulation will be sufficient to counterbalance this selling pressure and trigger a bullish breakout. If the current trend persists, XRP could face a more significant correction before considering a true reversal.

The XRP finds itself in a complex situation where whale accumulation reflects long-term optimism, while technical indicators and exchange flows signal short-term selling pressure. Closely monitoring whale movements and the evolution of technical indicators will be essential to anticipate future developments.