TLDR:
- XRP jumps 26% in a week, now trading just below its all-time high of $3.35.
- Whale wallets have accumulated 2.2 billion XRP, driving breakout optimism.
- Technical pattern “compound fulcrum” hints at a sharp rally toward $4.40.
- XRP volume spiked 33.9% in 24 hours, signaling strong market interest.
XRP has pushed above the $3 mark for the first time in a while. The move has sparked renewed speculation that the token may be entering a price discovery phase.
Momentum is building, and trading volume has jumped sharply over the past 24 hours. Some market watchers believe XRP could break its 2017 high and chart new territory. All signs point to a major shift if the bulls hold the line.
XRP Price Jumps as Momentum Builds
According to CoinGecko, XRP is trading at $3.07 after climbing over 5% in 24 hours and 26% this week. The price now sits just 9% below its all-time high of $3.35.
Over the past week, XRP has traded within a wide range of $2.42 to $3.07. More notably, volume surged 33.9% in a day, signaling growing interest across the market.
This uptick aligns with increased whale activity. Reports show that large wallets accumulated 2.2 billion XRP this month. Analysts say this accumulation may be fueling the latest breakout.
GalaxyBTC shared a long-term chart showing XRP’s journey from 2014 to today. The chart highlights XRP’s previous price discovery phase in 2017 when it rocketed from $0.25 to $3.35.
$XRP wants to break all time highs and enter ''price discovery'' mode.
Last time it did this was in 2017.
Interesting times ahead. pic.twitter.com/w7U3vT68TL
— Galaxy (@galaxyBTC) July 17, 2025
Analysts believe the token could follow a similar path if momentum holds above the $3.00 level.
They point to a strong base formed between $0.60 and $0.70 from 2020 through 2024. That consolidation appears to have set the stage for the current surge. If the token stays above $3.00, the market could shift quickly into price discovery.
XRP Technical Signals Point to $4.40
InvestingHaven reported the emergence of a rare “compound fulcrum” pattern on XRP’s chart. This setup often precedes sharp upward moves. Analysts say if the asset maintains support between $2.80 and $3.20, it could rally to $4.40 or higher.
Rising volume and clean breaks through resistance zones suggest strong demand. If XRP stays above current levels, traders expect higher price targets to come into play soon.
$XRP Sets Stage for Next Big Move
Whale wallets added 2.2B XRP this month, ETF buzz is growing, and a rare “compound fulcrum” pattern has formed.
Technicals point to $4.40+ if bulls defend $2.80–3.20 support.
Momentum signals are aligning fast. pic.twitter.com/NZbj1MHUtz
— InvestingHaven (@InvestingHaven) July 16, 2025
Besides technical signals, sentiment around XRP is changing. There is growing talk about a possible ETF, which could bring institutional interest into the token. That buzz, combined with regulatory clarity and improved liquidity, adds fuel to the current run.
With the token nearing price levels not seen since its 2017 peak, investors are watching closely. If momentum continues, the asset may not just revisit old highs; it could set new ones.
The post XRP Clears $3 as Price Discovery Looms, Eyes Rally Beyond $4.40 appeared first on Blockonomi.
Source: https://blockonomi.com/xrp-clears-3-as-price-discovery-looms-eyes-rally-beyond-4-40/