XRP price rose by almost 3% today, showing new strength after a quiet week that entered a correction.
As market momentum builds and Ethereum approaches $4,000, XRP is gaining attention again. Currently trading at $3.28, it is approaching a breakout zone that could change its long-term trajectory.
Whale Selling Decreases... Upside Potential Opens
One of the strongest signals currently favorable for XRP is the sharp decrease in whale flows to exchanges. This is a key indicator tracking large holders' exchange movements, typically considered a precursor to selling.
On July 11, this figure surged to 43,575 XRP. As of July 28, this flow decreased to 2,965 XRP, a 93.2% reduction. This indicates that whales are no longer selling with the same intensity.
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However, the current flow is still almost double what it was a few days ago on July 25. Therefore, while immediate selling pressure has eased, a complete XRP price breakout may not come without some obstacles.
The adjustment may continue as the market adapts to a new balance between waiting whales and new buyers.
Inflow Increase, Accumulation Under the Surface?
This change is supported by a clear divergence in the Chaikin Money Flow (CMF) indicator. While XRP's price forms lower highs, the CMF records higher highs, indicating a steady increase in capital inflow to the asset.
This divergence becomes more convincing as whale selling decreases. As large holders step back, that gap appears to be filled by quieter, more distributed forms of XRP purchases or accumulation.
CMF tracks volume-weighted accumulation over time, and such divergences often hint at early accumulation stages before larger movements.
XRP Price Could Exceed $4 If Breaking This Critical Level
XRP price is currently approaching a critical breakout zone at $3.37. This aligns with an important expansion level in the current rally structure. If that level converts to support, the next upward targets appear to be $3.62 (near all-time highs) and $3.83, which will prepare XRP to clearly challenge $4.00.
Additionally, if XRP price breaks above $3.62, the coin will be ready to set a new all-time high.
However, if XRP price falls below $2.96 (0 Fibonacci extension level), this structure could be invalidated in the short term, exposing XRP to further decline and potentially delaying its move to new all-time highs.
