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XRP’s 9-Year Pattern Signals $13.57 Target as Whale Activity Intensifies

22m ago
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  • XRP triangle pattern hints at massive breakout as accumulation rises
  • Whale activity and ETF inflows strengthen bullish outlook for XRP
  • Exchange outflows signal reduced selling pressure and potential price surge

Market attention has returned to XRP after new projections pointed to a long-term breakout scenario. Recent technical analysis suggests the asset is approaching a decisive phase after years of consolidation. As a result, traders are now closely monitoring price behavior around key levels that have held for nearly a decade.


Long-Term Triangle Structure and Rising Market Signals

According to analyst Ali Martinez, XRP has been forming a large ascending triangle since 2017. This structure reflects prolonged accumulation and tightening price action over time. Within this setup, the $0.90 level continues to act as a critical support zone. Even during pullbacks, buyers have consistently defended this range. Consequently, this level has become a foundation for the broader bullish outlook.


Also Read: Peter Schiff Warns Strategy’s Bitcoin Strategy Could Trigger Death Spiral


Moreover, the upper boundary of the triangle suggests a potential move toward $13.57. This projection comes from the pattern’s height and key Fibonacci extensions. Beyond technical signals, on-chain data reveals shifting market dynamics. Recent metrics show that approximately 35 million XRP were left on exchanges within one day. This marks one of the largest outflows recorded this year.


Historically, similar outflows have preceded notable price increases. Previous spikes earlier this year resulted in gains between 20% and 50%. Therefore, current movements may indicate reduced selling pressure.


Whale Accumulation Signals Changing Market Sentiment

Additionally, institutional interest has strengthened through XRP-focused exchange-traded funds. These products have recorded three consecutive weeks of inflows. Total assets under management now stand at $1.1 billion after adding $82.88 million. At the same time, data from CryptoQuant highlights a shift among large holders. Whale activity has moved from distribution toward accumulation. The 90-day moving average of whale inflows has turned positive again.


This transition often signals growing confidence among major investors. Similar behavior appeared before previous rallies, including the mid-2024 price surge. Consequently, current accumulation trends may support the broader bullish narrative. Meanwhile, reduced exchange supply and rising institutional demand continue to shape market conditions. These factors contribute to what analysts describe as a compression phase before expansion.


XRP remains within a long-term consolidation pattern, supported by strong technical and on-chain indicators. Continued whale accumulation and institutional inflows may strengthen the case for a major breakout.


Also Read: Litecoin Attack Exposes Flaw as XRP Ledger Proves Immune to Reorg Chaos


The post XRP’s 9-Year Pattern Signals $13.57 Target as Whale Activity Intensifies appeared first on 36Crypto.

22m ago
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