Ripple (XRP) price had a sluggish performance this week due to the choppy moves across the crypto market. Despite this performance, whales or large addresses holding a substantial amount of tokens continue to accumulate, which gives a bullish XRP price prediction where the price can make a 40% rally to $3.64. XRP price trades at $2.58 today, February 22, 2025, with the price fluctuating between a daily low of $2.51 and a daily high of $2.71.
As Ripple whale activity rises, can XRP register a 40% rally, or will bearish trends continue to stifle its performance?
XRP Price Prediction Today: Can Ripple Rally 40%
XRP price seems to be mirroring Bitcoin price performance, but it has the potential to rally by 40% to $3.64 in the near term. However, despite bullish triggers like optimism around the SEC vs. Ripple case coming close to an end, retail interest remains somewhat low, preventing a healthy uptrend.
According to analyst CryptoWZRD, Ripple price could be on the verge of a 40% rally if it can break past the $2.80 resistance level decisively.
In the analysis, the analyst acknowledged that retail demand could derail an uptrend toward this key level. However, if the retail sentiment flips positive, which is likely to happen due to a potential Ripple ETF approval and the speed at which the new SEC Chair is handling crypto cases, XRP price could break this level to target $3.64.
XRP/USDT: CryptoWZRD
Moreover, the behavior of whale addresses suggests that the XRP price may have reached a local bottom before a potential run-up to recent highs.
Ripple Whales Accumulate 20M XRP Tokens
XRP whales appear to be on a buying spree. Data from Santiment shows that large addresses holding between 10M and 100M XRP tokens recently bought an additional 20M XRP valued at more than $50M at Ripple’s current price.
XRP Whale Activity
When whales are buying despite the sluggish performance, it suggests conviction in an upcoming recovery. Moreover, whale accumulation has often preceded strong upward moves.
If this whale activity suggests that Ripple is on the verge of a bullish breakout, the price could potentially surge by 40%. If retail interest returns, these gains could be achieved in the near term.
XRP Price Technical Analysis
XRP’s daily chart shows the price has been in consolidation for nearly three weeks. A breakout is facing resistance at the 61.8% Fibonacci level of $2.77, while buyers have been defending support at the 38.2% Fib level of $2.39.
XRP/USDT: 1-day Chart
Buying pressure is currently weak for this breakout to happen in the near term. This is due to the RSI of below 50. The negative MACD line also shows bearish momentum that may continue to stifle XRP price performance until retail interest returns.
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