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The XRP price climbed nearly 3% today, showing renewed strength after a quiet week of consolidation.
With momentum building across the market and Ethereum closing in on the $4,000 mark, XRP is back in focus, trading around $3.28 and inching closer to a breakout zone that could shift its long-term trajectory.
Whale Selling Tapers Off, Opening the Door for Upside
One of the strongest signals in XRP’s favor right now is the sharp cooldown in whale-to-exchange flows, a key metric that tracks large holder movements to exchanges, typically as a precursor to selling.
On July 11, this figure spiked to 43,575 XRP. As of July 28, that flow has dropped to just 2,965 XRP: a 93.2% decrease, signaling whales are no longer offloading at the same intensity.
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That said, the current flow is still nearly double what it was just a few days ago, on July 25. So while the immediate sell pressure has eased, a full XRP price breakout may not come without a few bumps.
Consolidation could continue as the market adjusts to the new equilibrium between sidelined whales and emerging buyers.
Rising Inflows Suggest Accumulation Behind the Scenes
Supporting this shift is a clear divergence on the Chaikin Money Flow (CMF) indicator. While XRP’s price has been forming lower highs, the CMF has printed higher highs, pointing to a steady increase in capital flowing into the asset.
This divergence becomes even more compelling when paired with the drop in whale sellings. As larger holders step back, that gap appears to be filled by a quieter, more distributed form of XRP buying or accumulation.
CMF tracks volume-weighted accumulation over time, and a divergence like this often hints at early accumulation phases that precede larger moves.
XRP Price Could Cross $4 If This Key Level Breaks
The XRP price is now approaching an important breakout zone at $3.37, which aligns with a critical extension level in the current rally structure. If that level flips into support, the next upside targets emerge at $3.62 (near the all-time high) and $3.83; both milestones that would prime XRP for a clean run at the $4.00 mark.
Additionally, an XRP price breakout beyond $3.62 would prime the coin for a new all-time high.
However, an XRP price breakdown below $2.96 (0 Fibonacci extension level) would invalidate this structure in the short term, exposing XRP to further downside and potentially delaying any move toward a new all-time high.