- XRP whales stay firm despite price swings, signaling strong investor confidence and strategic accumulation over two weeks.
- Bullish market structure holds, with XRP maintaining key support zones, hinting at a potential rally beyond $5 in the coming months.
- Legal clarity boosts optimism, as resolved SEC cases and sustained whale activity fuel expectations for a significant price surge.
The XRP market experienced a period of stability of whale trends despite the fluctuation in prices within the last two weeks. From March 12 to February 28, 2025, XRP was volatile. It gained at the beginning of March, and since then, there have been corrections and consolidations.
Source: Ali
Whale Accumulation and Market Dynamics
At the start of March, XRP saw a rapid price increase, coinciding with a spike in whale holdings. The price surged past key resistance levels before correcting around March 3. From there, fluctuations followed, with a more pronounced decline after March 7. By March 11, XRP had reached a local low but showed signs of recovery on March 12.
Despite price corrections, whale holdings stayed elevated. This accumulation pattern indicates confidence among large investors. The highest recorded level of whale holdings was on March 2, and these holdings remained stable throughout the observed period. A strong correlation between whale movements and price shifts suggests strategic buying patterns rather than panic-driven sales.
Technical Structure and Future Outlook
Looking at things more broadly, XRP has maintained its breakout level. The price is still above important support zones, and the market structure is still optimistic. Active since the middle of 2022, the rising trendline still offers a strong basis for additional upward momentum.
Source: Crypto General
The price successfully broke past the $1.10 resistance, climbing beyond $2.25. Currently, XRP consolidates around $1.9759, a previously tested resistance level. This area now acts as a crucial support zone. A strong bounce from this level could trigger another rally.
Market analysts predict a bullish continuation, with price targets exceeding $5 in the coming months. A potential surge to $9.0898 remains within reach, given historical trends and increasing momentum. The chart structure supports further gains, with higher lows forming consistently.
The ongoing legal clarity regarding XRP and its status as a U.S.-based project adds to investor confidence. Besides, sustained accumulation by whales further strengthens the bullish.