XRP Price Prediction: Whale Sell-Off Raises Concerns, but $27 Target Still in Play

Whale activity is shaking up the XRP market, with billions in tokens suddenly offloaded—leaving investors questioning whether this is a warning sign or just another setup for a massive rally.

As uncertainty looms, some analysts eye a deep pullback, while others remain steadfast in their bold $27 price target.

Whale Activity Sparks Market Uncertainty

As per blockchain analyst Ali Martinez, whales have dumped 1.12 billion XRP—approximately valued at $2.25 billion—in the last 48 hours. This kind of large movement is generally due to strategic positioning in the market, and it generates volatility in the Ripple market.

Whales have dumped a staggering 1.12 billion XRP in just 48 hours, shaking up the market and sparking fresh debates among investors. Source: Ali Martinez via X

Technical analysts are split on the outlook. Some refer to bearish signs, such as a possible head-and-shoulders pattern, which would bring XRP to $1.65 or below if it cannot retake the $3 level. Some others think bullish divergence on several timeframes can bring XRP back towards the $3 level.

Short-Term Price Outlook: Bullish or Bearish?

In spite of the bearishness created by whale activity, there are some buyers who are optimistic about the future of XRP. Market analysts opine that if XRP manages to cross the important $2.25 resistance point, it can lead to further appreciation, which can even go up to $3 in the near future. But a dip below $1.70 support can initiate a more dramatic downfall, affirming bearish expectations.

If XRP price breaks below the triangle, it could indicate a failed wave ‘e,’ pointing to an expanded flat pattern with Wave C of Wave IV unfolding in five minor waves. Source: AdamIdris on TradingView

One of the principal movers of the price of XRP is how it correlates with Bitcoin and the remainder of the cryptocurrency market. Traditionally, altcoins have followed Bitcoin, and because BTC is seeing resistance at its all-time highs, the price movement of XRP is uncertain.

Long-Term Price Prediction: Can XRP Reach $27?

Despite recent volatility, some industry experts still have ambitious long-term price expectations for XRP. Notably, crypto analyst EGRAG Crypto has mapped out a scenario in which XRP could eventually reach $27 following historical trends and technical indicators. The projection aligns with the overall expectation of a massive bull run in the coming few years on the back of increased adoption and regulatory clarity.

EGRAG confidently maintained that the $27 price target for XRP, driven by its 2017 fractal, remains unchanged. Source: EGRAG CRYPTO via X

The SEC lawsuit against Ripple has been a major driver of XRP’s market movement for a while. While Ripple achieved a partial victory last year, the case’s outcome remains a critical driver of the token’s regulatory fate. A favorable outcome for Ripple would be a huge confidence booster for investors and can send XRP’s price higher.

Regulatory Landscape and Institutional Interest

Several organizations have begun utilizing Ripple’s technology to assist with XRP in the long run. Ripple is also in partnership with giant banks such as Bank of America, so XRP will be crucial in cross-border payments. With the XRP ETF approval, new opportunities to invest in XRP will emerge with the potential to send prices soaring higher.

XRP was trading at around $2.14, up 3.89% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

Ripple CEO Brad Garlinghouse stated that the firm is committed to expanding its blockchain network and establishing significant partnerships. He believes obtaining clear regulations from authorities will be crucial to the future of XRP and believes that “the crypto space needs clear rules to enable innovation and protect investors.”

Final Thoughts: A Critical Moment in XRP

The coming weeks are crucial for XRP. The shift in the behavior of large holders, new regulations, and overall market directions will influence its price. Everyone is concerned about short-term fluctuations, but in the long term, XRP may still have room to increase significantly.

XRP price holds a neutral 1W outlook, with a potential rally to $6.50 if history repeats. Source: InvestingScope on TradingView

Investors should monitor significant resistance and support levels along with keeping an eye on the Ripple lawsuit and regulations. Whether XRP breaks above to $3 or experiences another drop, the follow-through price action will dictate the direction of its run in 2025 and beyond.