XRP Price Prediction: $2.50 in Sight After $73M Whale Move

Quick overview

XRP breaks above $2.38 after $73M whale transfer sparks volatility. Here’s what traders need to know about key resistance levels and on-chain signals.

Whales Move $1B Crypto

Between May 11 and 16, 2025, blockchain sleuths like Whale Alert and Lookonchain flagged a string of big transactions involving Bitcoin, Ethereum and XRP. These whale moves—totaling over $1 billion in hours—got the market’s attention.

One of them was a big one: 30 million XRP, worth $73.14 million, sent from an unknown wallet to Coinbase.

That single transaction, on May 15, caused a selloff. XRP was at $2.48 at the time, just below the local high of $2.64. Large deposits to exchanges during resistance level testing are considered to be selling and that’s what happened.

XRP dropped shortly after the alert and that’s what traders should be cautious.

Whale activity snapshot:

• XRP to Coinbase: 29.6M XRP (~$73.14M)
• Time: Just below local top ($2.64)
• Market reaction: Short term dip below $2.50
• Sentiment: Bearish short term; high volatility expected

XRP Technical Setup: Breakout or Bull Trap?

Despite the whale induced jitters, XRP/USD is showing technical strength. It has broken above the descending channel on the 1 hour chart, a structure that had been guiding lower highs since mid May. Now at $2.38, XRP is hitting the 50 period EMA—a dynamic resistance that had been a ceiling in recent days.

Price is forming higher lows and candle bodies are getting stronger. A close above $2.3877 could trigger a move to $2.44 and possibly $2.5056.

For new traders: Think of the descending channel as a tunnel that had XRP trapped. Now that XRP has broken out, a confirmed breakout can be a trend reversal. But without confirmation, false breakouts are common—so patience and entry timing is key.

Trade setup:

• Entry: Above $2.3877 (confirmed candle close)
• Targets: $2.44 and $2.5056
• Stop-loss: Below $2.3288 (channel base)

What’s Next: Sentiment Depends on Whale Follow-Through

While the breakout is bullish, all eyes are on whale activity and exchange inflows. If the $73M deposit was part of a multi leg sell, more downside risk. If price holds above $2.38 and volume increases, XRP could reverse the trend.

In this scenario, traders should look for a clean break above $2.44 or selling near $2.32 to determine the short term direction.

ABOUT THE AUTHOR See More

Maham Arslan

Crypto News Writer | Blockchain & Web3 Reporter

Maham is a crypto news writer and market analyst specializing in breaking down the latest developments across blockchain, digital assets, and decentralized finance (DeFi). With hands-on experience covering high-impact stories—from regulatory shifts and token launches to macro-driven price movements—she delivers timely, accurate, and SEO-optimized content for fast-growing crypto media platforms. Her expertise lies in producing daily news reports, price predictions, technical summaries, and coverage of market-moving events. Maham tracks real-time updates across global newswires, X (Twitter), and on-chain data to provide actionable insights tailored for retail traders, crypto enthusiasts, and institutional readers. With a strong grasp of crypto fundamentals and Web3 trends, she delivers content that’s informed, accessible, and always on time.

Related Articles

Ripple targets Farming to boost XRP adoption

1 hour ago

Save

Ripple's Engine Knock, XRP Falls Back

1 day ago

Save

XRP Price Prediction: 5% Dip to $2.35—Is $2.57 Still on the Table?

2 days ago

Save

Comments

Leave a Reply Cancel reply

You must be logged in to post a comment.