XRP is on a tear. After pumping over 30% in the past week, the price has officially broken past the $3.00 mark for the first time since its historic bull run. And if new whale activity and technical signals are anything to go by, this breakout may just be getting started.
According to on-chain data shared by analyst Ali Martinez, whales holding between 100 million and 1 billion XRP have bought a whopping 2.20 billion XRP in just the past two weeks. This massive accumulation coincided with XRP’s surge above $3.00, and suggests that big players are loading up ahead of a possible new leg up.
Looking at the chart, you can see how the shaded area representing whale holdings (100M–1B coins) started rising sharply just before XRP’s price spike. That’s a clear sign of growing confidence from major holders, not just retail speculation. It’s worth noting that XRP is now hovering around $3.19 at press time, slightly off the peak but still holding strong.
Whales rarely accumulate at the top – they tend to move early when they see long-term potential.
Whales have bought 2.20 billion $XRP in the last two weeks! pic.twitter.com/qpZ2xK7G7J
— Ali (@ali_charts) July 16, 2025
But that’s not the only bullish signal flashing for XRP right now.
Ali also posted a second chart showing the MVRV ratio (Market Value to Realized Value), and something interesting just happened: the MVRV has flashed a golden cross, meaning its short-term average crossed above its long-term trend.
Why does this matter?
Well, the last time this exact pattern appeared, XRP skyrocketed over 630%. That signal just triggered again, as shown by the orange line (MVRV) crossing over the red 200-day moving average. At the same time, the black price line is curling up with strong momentum.
If history repeats, this could mark the beginning of another powerful move.
The last time the MVRV ratio flashed a golden cross, $XRP soared 630%. That signal just appeared again. pic.twitter.com/hatA0Jfvt2
— Ali (@ali_charts) July 17, 2025
Zooming out, the XRP chart has flipped bullish across the board. Whale wallets are loading up, the MVRV ratio is flashing a historic buy signal, and the price action is confirming it all. The key now is whether XRP can hold above the $3 level and push toward the next resistance around $3.50–$3.80.
With so many bullish factors lining up, the next few days will be crucial.
If XRP holds the breakout, we might not just be talking about $3 anymore – we could be heading into price discovery territory.
Read also: This Analyst Says Ripple (XRP) Will Create More Millionaires Than Bitcoin Ever Did – Here’s Why
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