Key Insights:
- XRP must clear the $1.60 mark to set up an additional 27% upward push toward $2 and higher.
- The recent price surge aligned with 1,917 whale transfers exceeding $100,000, alongside the creation of 3,647 new XRP wallets.
- Spot XRP exchange-traded funds pulled in $91.06 million in daily volume, bringing assets under management to $1.67 billion.
Ripple’s native digital asset, XRP, has returned to the spotlight after punching through the vital $1.6 resistance, delivering a 20% gain over the past week. Boosted by general market sentiment, this upward movement follows heavy whale participation and fresh capital entering spot XRP exchange-traded funds, demonstrating that both retail traders and institutional players are jointly driving prices upward.
XRP Price Climbs Above $1.6 First Time In Seven Months
Following a drop to approximately $1.0 in mid-August, XRP has demonstrated significant momentum by generating returns exceeding 60% in slightly more than a month. For the initial time in seven months, the token climbed past $1.60, a barrier that acts as an important resistance level for the Ripple-backed cryptocurrency.
Experienced market participants like Peter Brandt have previously outlined long-term price targets for XRP at $5 and beyond. On the technical side, analyst Ali Martinez pointed out that XRP has completed the right shoulder of a prominent inverse head-and-shoulders formation on the daily timeframe, following a 27.6% surge from $1.25 to $1.58.
The analyst also highlighted that this significant breakout is backed by substantial accumulation from large XRP holders. Reports indicate that these whales have accumulated upwards of $2 billion in XRP.
Ali designated $1.60 as the critical threshold to monitor, noting that a definitive breakout past the neckline could validate the chart pattern and potentially ignite another 30% rally heading toward $2.
Another crypto analyst, Pharaoh, anticipates that XRP will trade inside the $2.00–$2.30 bracket over the near term. According to Pharaoh, a pullback is unlikely to generate new lows beneath $1.00; instead, the analyst forecasts that XRP will forge a higher low and consolidate prior to initiating its next leg upward.
Pharaoh noted that a fresh all-time high is not guaranteed prior to the close of 2026, though it remains a possibility. Pushing past $2.50 in the fourth quarter, accompanied by steady trading at that level, could heighten the probability of XRP setting a new all-time high.
The analyst also singled out $1.84 as the threshold where the annual XRP price candle shifts to bullish. A climb above $1.85 could quicken momentum, with the subsequent major resistance barrier resting at $2.20.
Ripple Whale Activity Contributes to XRP Price Rally
On-chain analytics provider Santiment reported that the latest price appreciation occurred against a backdrop of intense whale engagement. The breakout coincided with 1,917 whale transactions valued above $100,000, representing the highest concentration of high-value activity seen in roughly a month.
Santiment observed that while whale transactions alone do not definitively prove accumulation, the movement signals that major stakeholders are actively repositioning as prices rise. The organization also indicated that Ripple network expansion grew, registering 3,647 new XRP wallets.
Additionally, the broader XRP ecosystem displays substantial growth indicators. Tokenized-asset and RLUSD balances on the XRP Ledger recently hit approximately $4.26 billion. Ripple notes that roughly $2.4 billion of RLUSD remains actively circulated, bolstering stablecoin transactions and institutional settlement operations across the network.
Spot XRP ETFs See Consistent Inflows
Amid expanding institutional appetite within the digital asset sector, spot XRP ETFs are experiencing steady inflows. Asset management firms such as Bitwise have entered the space by filing their XRP ETF applications with the SEC, while financial giants like Goldman Sachs hold an investment valued at $87 million in an XRP ETF.
Based on figures from XRP Insights, exchange-traded fund products linked to XRP generated $91.06 million in daily trading activity, pushing total assets under management to $1.67 billion.
Over 1.12 billion XRP is currently locked within these financial products, with Bitwise leading the sector by generating $62.22 million in daily volume. Institutional exposure to XRP continues to broaden.
Frequently Asked Questions
What price level does XRP need to break to target $2?
XRP needs to break past $1.60 to trigger an expected 27% upside toward $2 and beyond.
What was the total daily trading volume and AUM for spot XRP ETFs?
Spot XRP ETFs recorded $91.06 million in daily trading volume, with total assets under management reaching $1.67 billion.
How much has whale activity contributed to the recent rally?
The rally coincided with 1,917 whale transactions worth over $100,000 and the creation of 3,647 new XRP wallets, with whales amassing over $2 billion in XRP.
What are analysts predicting for XRP’s short-term price range?
Analyst Pharaoh expects XRP to move into the $2.00–$2.30 range in the short term, with $1.84 serving as the level where the yearly candle turns bullish.