After the market pump on Sunday when Trump announced the encryption reserves, all gains are now wiped after less than 48 hours.
The XRP price was pumped to $ 2.94 this week and is now trading about $ 2.30. It is worrying to see how fast erasing the gains from the market.
However, Ali Martinez and Captain Vibick posted positive things about the price of XRP today.
Whales are loaded on XRP
Ali Martinez shared some interesting data about XRP whales. From February 20 to 28, adults were selling XRP. You can see their holdings fall day by day. But then something changed.
After February 28, these themselves began to buy again – and a great purchase. They bought approximately one billion XRP in only 24 hours. Their totalitarian holdings now exceed 10.2 billion XRP.
The whales bought nearly a billion $ Xrp In the last 24 hours! pic.twitter.com/5ktdhjb0jg
Ali (ali_charts) March 3, 2025
The price of XRP follows this whale activity closely. When the whales were selling, the price decreased. When they started buying again, the price was declining, especially from 2 to 3 March.
This type of whale purchasing often means good things for the price. Big investors usually buy when they believe that prices will rise soon. If you hold their coins instead of selling quickly, the XRP price may find strong support to move forward.
Also, this level of accumulation provides a temporary store against the sale of pressure and shows strong confidence from the largest XRP investors. The timing of this accumulation – which precedes the high weekend prices directly – indicates that these whales may expect the broader market movement.
Also read: Predicting XRP – Could this balloon be $ 0.003 with $ 7 million in advance is the most intelligent bet?
XRP price expectations: The graph appears as a promise
The analysis of the scheme Captain Vipique XRP, which forms what the traders call “the upholsome flag”. This style is like science on the pole. First, there is a big leap for the price (pole), then the price moves sideways between two lines approaching together (flag).
Over the past few months, XRP has reduced its highest level and its highest level in this style. This usually means that the breakdown is coming, probably in the same direction as the initial move up.
$ Xrp The formation of the budget flag on the daily time frame .. !!
It looks promising in another emerging march +80-100 % in the middle of the period .. 📈#Crypto #xrp #xrpusdt #xrparmy pic.twitter.com/ayaqc5nibs
Captain Vibik 🐺 (CryptOfaibik) March 4, 2025
FAIBIK believes that XRP may reach about 5 dollars if it erupted. This will be more than twice the current price of $ 2.34.
The extract of the style was strong support. Every time XRP falls into this line, buyers intervene. The upper line ranged between $ 2.80-3.00 dollars, harsh resistance. XRP tried to penetrate several times, but it hasn’t managed it yet.
If XRP finally pays through $ 3.00 with heavy trading volume, we can see this move about 4-5 dollars in the coming months. If you fail, XRP may return to a $ 2.00 test before trying again. Stay tuned for a daily closure over $ 2.80 to $ 3.00 with a strong size-so this indication is that the big step begins.
In its XRP chart, specifically select FAIBIK both of the upscale and local scenarios. While the main projection shows a possible 80-100 % gathering, it shows that failure in separation can lead to a re-test of the lower direction line of about $ 2.00. This balanced view provides a complete picture of the decisive support and resistance levels that merchants must monitor in the coming weeks as XRP tests the upper limits of this long -term style.
Also read: The pro -refreshing lawyer explains the reason to add XRP to Crypto Reserve
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