XRP has climbed back above $1.50 after large holders added roughly $2.2 billion worth of tokens in three days. The rally is now pressing into a $1.55–$1.60 zone that holds the largest nearby concentration of previously traded supply, a level that could decide whether the move extends or stalls.
XRP trades near $1.53, up 8.22% over three days and recovering from the $1.25–$1.30 region. The advance lines up with a jump in large-holder balances, though the data alone cannot show that whale buying caused the rally.
Whales add $2.2 billion as price recovers
Large-holder XRP balances rose from roughly 8.1 billion to about 9.7 billion XRP between September 16 and September 19, with the biggest increase landing between September 16 and 17. Elevated whale balances held through the following two sessions as price pushed higher.
$1.60 holds a 2.5 billion XRP supply cluster
XRP's UTXO Realized Price Distribution shows about 2.5 billion XRP previously changed hands around $1.60, the largest visible resistance concentration above the current price. Smaller clusters sit near $1.49, while larger ones appear at $1.68, $1.86, $2.19 and $2.29. A move through $1.60 would push XRP into a thinner part of the supply profile before those levels come into play. A rejection would leave the rally exposed to profit-taking around $1.50.
XRP gains a new perpetual futures market
Moscow Exchange began trading perpetual futures linked to its XRP index on September 22, quoted in U.S. dollars and settled in rubles, available only to qualified investors. The exchange also launched comparable contracts tied to Bitcoin, Ether, Solana and Tron indexes. MOEX has reported more than 72,000 qualified investors trading its crypto-linked futures, with cumulative turnover above 600 billion rubles.
$1.60 is the breakout line
The daily RSI sits around 64, keeping momentum positive without reaching an overheated reading. A daily close above $1.60 would clear the nearest supply concentration and open the path toward $1.68, with a sustained move through that level bringing $1.85–$1.90 and then $2.00–$2.10 into focus. Failure at $1.55–$1.60 would put the $1.25–$1.30 base back in play, with a break below exposing the $1.05–$1.10 support area.
Source: Coinpedia Fintech News
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