Large Whales Purchased $3 Billion in XRP Over Two Days - Is It Wise to Follow Suit?
In the dynamic world of cryptocurrencies, XRP continues to captivate the attention of savvy investors, with recent institutional purchases and market momentum reviving bullish expectations for the digital asset [1][2].
The summer of 2025 saw a significant surge in XRP's value, soaring approximately 65% and breaching the $3 psychological level, reaching a yearly peak near $3.66 [1]. This bullish run was underpinned by substantial buying interest, including from institutions.
Market experts, such as XPMarket's Head of Marketing, Mr. Xoom, predict XRP could maintain its momentum into August 2025, targeting a price range of $6 to $8 [1]. This ambitious prediction implies a potential 100%+ rally from the current price. However, more modest forecasts, like those from AI-driven systems like GROK and ChatGPT, expect a continuation of the July rally, with XRP trading between roughly $3.20 and $3.80 in August [2].
Despite this bullish sentiment, technical analysis suggests some resistance and consolidation. As of August 22, XRP has been consolidating below early August highs ($3.60) and struggling to hold above $3 support [3]. A notable analyst suggests XRP must close August above $3.30 to break out of its bearish consolidation and enable a strong upward surge potentially leading to a much higher price target [4].
The broader expert price targets vary widely, from neutral or moderate bullish (e.g., $3.12 to $4-$5.50 by year-end) to very bullish (e.g., $13+ within a month, suggesting strong momentum if certain conditions are met) [5].
While there is credible bullish sentiment and potential for XRP to exceed past highs, achieving this depends on overcoming current resistance and broader market conditions. Institutional buying has pumped confidence, but price confirmation above critical levels in late August 2025 will be a key signal.
A wave of massive purchases of XRP has generated interest and speculation. Institutional investors bought 900 million XRP tokens, attracting nearly $3 billion in investments within two days [6]. The ETFs on XRP and Solana have already attracted over $1 billion since their creation [7].
Gaston Cuny, a writer with a passion for cryptocurrency, shares his knowledge and findings about the cryptocurrency ecosystem through this platform. He notes that the cryptocurrency market, specifically XRP, continues to be a topic of interest and speculation.
However, it's important to note that the MACD indicator for Ripple (XRP) is currently negative [8]. Additionally, the price of Ripple (XRP) has fallen below the 100-hour moving average at $3.22, and today, the price has fallen further, losing 5% [9]. The current price of Ripple (XRP) is $3.14, having reached $3.37 earlier in the week [9]. The price has also fallen below a major support level at $3.27 [10].
In conclusion, the potential of XRP is far from exhausted, as shown by the massive purchases by whales and rumors about a potential spot Ripple ETF. However, the path to reaching or surpassing its all-time highs is not straightforward, with resistance levels to be overcome and market conditions to be favourable. As always, investors are advised to do their own research and consider their risk tolerance before making any investment decisions.
References:
- XRP Price Prediction: Will XRP Reach $10 By 2025?
- XRP Price Prediction August 2025: Will XRP Price Hit $10?
- XRP Price Analysis August 22: Will XRP Break $3.30?
- XRP Price Prediction August 2025: Will XRP Hit $28?
- XRP Price Prediction 2025: Will XRP Reach $13 By End of the Year?
- Institutional Investors Buy 900 Million XRP Tokens, Attracting Nearly $3 Billion in Investments
- XRP and Solana ETFs Attract Over $1 Billion Since Creation
- XRP Price Analysis: XRP MACD Indicator Shows Bearish Signals
- XRP Price Drops 5% as Market Sentiment Turns Bearish
- XRP Price Falls Below Major Support Level at $3.27
The bullish predictions for XRP from August 2025 by market experts like XPMarket's Head of Marketing, Mr. Xoom, and AI-driven systems like GROK and ChatGPT, suggest a potential 100%+ rally from the current price, targeting a price range of $6 to $8 [1][2]. However, the MACD indicator for Ripple (XRP) is currently negative [8], and the price of Ripple (XRP) has fallen below the 100-hour moving average at $3.22, posing a challenge for XRP investors looking to benefit from the anticipated potential of XRP [9].