XRP Price Prediction: XRP Targets $4.67 Amid Whale Buying Frenzy

Highlights:

• XRP price shows signs of recovery after a recent drop, now hovering near $3.12.
• A breakout above support may push XRP toward the $4.67 target if momentum holds.
• Whales grabbed $360M in XRP, hinting at smart money buying during the dip.

The crypto market has continued its downtrend, with its overall valuation dropping below the $4 trillion mark. The decline stems from the Producer Price Index (PPI) inflation data, which came higher than expected, slimming the hopes for massive Federal Reserve rate cuts in September. In addition, the 24-hour trading volume has declined by 20% to $170 billion, while the fear and greed index stands at 57 levels, indicating greed sentiment.

XRP has been on a rocky ride since hitting a record high of $3.60 in mid-July. The altcoin has been trading in a descending channel, dropping to seek support at the $2.7 mark. However, as of this writing, the price is on a recovery path, hovering around $3.12 with a gain of 0.70% over the past 24 hours. Its market capitalization and trading volume stand at $185 billion and $6.6 billion, respectively.

XRP Weekly Chart Points to Potential Upside Toward $4.67

Market analyst Rose has noted that XRP has recently broken out of a descending wedge, a formation that is frequently associated with bullish turnarounds. There was a significant upward impulse on the breakout, with price momentum pushing up beyond the resistance levels. Currently, XRP is exhibiting a retracement as it retreats to key Fibonacci levels. The 0.5-0.618 Fib retracement level coincides with previous support areas, which show potential as a re-entry point for buyers.

📊 $XRP/USDT Weekly Chart Overview #XRP broke out of a long-term descending wedge, a classic bullish reversal pattern.

After a strong impulse move, price is now retracing toward key Fibonacci levels, offering a potential re-entry opportunity.

The 0.5–0.618 zone is marked as… pic.twitter.com/unvMWkShSB

— Rose Premium Signals 🌹 (@VipRoseTr) August 16, 2025

If the price rebounds at this zone, the analyst’s next target is $4.6704. A pullback towards the area of support would provide a long entry point prior to the expected continuation to the target zone. The setup signals a typical correction period followed by a possible extension of the broader trend.

Whale Activity Sparks New Momentum Around XRP

In recent weeks, large-scale investors have increasingly turned their attention to XRP. These large holders simply move large amounts, causing waves in the market. Due to the sheer size of their trades, their activities are accompanied by price movements.

Market analyst Ali Martinez highlighted that XRP whales purchased more than $360 billion of XRP. This massive accumulation occurred in the recent price decline, implying strategic buying rather than panic. The move suggests these big investors may have long-term confidence in the XRP market trends during short-term downturns.

120 million $XRP bought up by whales on the dip! pic.twitter.com/pU8BKXKRKx

— Ali (@ali_charts) August 15, 2025

Ali also noted that XRP might soar to a high of $3.90 in case it breaks above the $3.26 resistance. The unfolding pattern shows price compressing in a symmetrical triangle. As the chart tightens, pressure builds near a breakout point. A confirmed move past $3.26 may trigger strong upward momentum.

Technical Analysis – Will XRP Price Break Resistance at $3.66?

Technical indicators on the daily chart indicate that XRP could resume its upward journey soon, as green candlesticks start to form from the recent pullback. The XRP price has formed support at the $2.74 level, where it bounced from in early August. Resistance has been observed at $3.35 and $3.66.

Indicators such as the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) suggest a neutral market sentiment. The RSI is hovering around 51 levels, indicating a lack of strong buying pressure. Moreover, the MACD is flat, and the lines are aligning together, suggesting indecision. The buyers need to take the lead in order to push the price above the resistance at $3.66.