Crypto News: XRP Price Eyes $3 Rally Backed by ETF Inflows and Strong Whale Buying

XRP holds strong above $2.20 as ETF inflows and whale accumulation boost bullish momentum, positioning the price for a potential $3 breakout.

 

XRP is showing renewed strength in the crypto market after maintaining price stability above $2.20. With ETF inflows rising and large investors accumulating more XRP, the digital asset could be setting up for a move toward the $3 mark. Traders and analysts are closely watching market signals, while broader market recovery continues to support the bullish setup.

ETF Inflows Boost XRP Market Outlook

The recent launch of spot XRP ETFs in the United States has helped attract large capital inflows into the asset. Since the launch in early November, XRP ETFs have recorded over $666 million in inflows. Products supported by firms such as Grayscale and Franklin have added to growing investor confidence.

The ETF listed under the symbol TOXR is expected to start trading soon. Institutional demand is seen as one of the key drivers behind the price momentum. Analysts believe the new ETF access has encouraged more long-term holding, helping to support the market structure.

This wave of institutional participation reflects growing interest from large firms in XRP. As ETF volume rises, price stability is more likely, which could lead to a sustained rally in the short term.

Large Wallet Activity Signals Whale Confidence

Whale activity has increased over the past week, with major holders adding to their XRP positions. Data shows wallets holding more than one billion XRP have increased holdings by about 150 million XRP. At current prices, this equals over $330 million in added exposure.

Such large-scale accumulation usually reflects growing confidence in future price growth. Whale buying can also reduce the supply available in the market, supporting higher prices over time. This trend has been present since late November and remains active going into the new week.

With whales increasing their share of XRP, traders believe the asset is getting ready for a strong push. If the buying continues, it could help XRP move above the $2.60 and $3.00 levels in the coming days.

Related Reading: XRP Whales Dump 200 Million Coins -Crash Incoming?

Technical Setup Supports Continued Uptrend

XRP has remained above the $2.00 support for over a week, showing strength in a key price zone. The current price near $2.20 is acting as a support base, allowing buyers to remain in control. A break above the $2.40 level could open the door to the $3.00 target.

Indicators such as the MACD and RSI suggest that the market is balanced but leaning toward upward momentum. The MACD is flat, which often comes before a larger move. RSI remains near 52, giving space for price to rise without entering overbought territory.XRP holds above $2.20, targets $3 breakout.TradingView.

Traders are now watching short-term levels such as $2.40 and $2.60. If buying pressure increases and Bitcoin stays stable, XRP may reach the $3.00 mark this week.

Source: https://www.livebitcoinnews.com/crypto-news-xrp-price-eyes-3-rally-backed-by-etf-inflows-and-strong-whale-buying/