XRP is showing bullish signs after breaking out of its long-term downtrend, while strong whale accumulation points to growing investor confidence. If buying momentum persists, the token could extend its recovery and challenge key resistance zones, although renewed selling pressure could weaken the bullish setup.

At the time of writing, XRP is trading at $1.19, with a 24-hour trading volume of $4.88 billion and a market capitalization of $74.65 billion, according to data from CoinMarketCap. The token has gained 17.72% over the past 24 hours, and its price structure combined with ongoing whale accumulation points to a bullish reversal ahead. XRP ranks among the largest cryptocurrencies by market value, and a single-day move of this size illustrates the volatility typical of the asset class.

XRP Eyes $2.77 After Breaking Downtrend

In a post on X, crypto analyst Bitcoin Meraklisi said XRP is showing signs of a potential trend reversal after breaking above a long-standing downtrend that had kept the cryptocurrency under persistent selling pressure. The breakout stands out against a difficult multi-year backdrop for the token, a period that included the US Securities and Exchange Commission's December 2020 lawsuit against Ripple over XRP sales, litigation that prompted several major exchanges to suspend or delist XRP in the United States. A federal judge ruled in July 2023 that XRP's programmatic sales on exchanges did not constitute securities transactions, Ripple was ordered to pay a $125 million civil penalty in August 2024, and the SEC dropped its appeal in 2025, bringing the case to a close. Against that history, the move above the downtrend suggests buyers are regaining control and could signal the beginning of a broader recovery phase. Maintaining momentum above the broken trendline would strengthen the bullish structure and further improve market sentiment.

If the uptrend holds steady, several resistance levels are worth watching in the event of a further rise in XRP's price. The first resistance level lies around $1.29, followed by $1.83 and then $2.77. The uppermost target sits in territory XRP has not traded in since the January 2018 market cycle around its all-time high, meaning the token would need to more than double from its current price for that level to come into play. Breaking past these levels could fuel bullish momentum and allow for additional upward movement, while renewed selling activity would render the breakout invalid.

Whales Accumulate Over 300 Million XRP in Four Days

On-chain data from Ali Charts highlights a remarkable rise in whale accumulation, buying by wallets that hold very large token balances, which analysts track through public blockchain records as a signal of large-holder positioning, with investors buying well over 300 million XRP tokens in just four days. According to the analyst's post on X, this kind of buying spree may imply that whales are preparing to take advantage of any possible price rebound. Accumulation on this scale can build positive market sentiment and reduce the available supply of tokens.

The development signals increased confidence from XRP's major market players as investors watch for a breakout move in the cryptocurrency. With continued buying interest and increased trading volumes, XRP could continue advancing in the coming days. That said, increased accumulation does not necessarily mean the coin will rise, as broader market sentiment still matters, and on-chain data reveals wallet activity rather than the identity or intent of the holders behind it.

XRP's upward move follows bullish price predictions and strong whale accumulation, and coincides with improving momentum across the wider crypto market, where Bitcoin has also started to move higher.

What Comes Next for XRP?

XRP's next step will depend on buyers' ability to maintain the break above its prolonged downtrend. Recapturing $1.29 would provide a solid boost for bulls and redirect focus toward the resistance areas at $1.83 and $2.77. Continued whale buying could help fuel the uptrend, while a return of selling pressure could reverse the situation.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile, and readers should always do their own research. This is not financial advice.