XRP Soars on Technical Breakout, RLUSD Growth, and Whale Accumulation
July 11, 2025
XRP rallied sharply as trading volume surged and Ripple’s RLUSD stablecoin passed a major milestone, signaling strong institutional interest and a potential shift in market structure.
What’s Fueling XRP’s Rally
XRP sentiment got a major boost this week after Ripple’s RLUSD stablecoin surpassed $500 million in market cap, marking a major step forward for the XRP ecosystem.
Meanwhile, growing optimism around regulatory outcomes in both the U.S. and Asia-Pacific has helped shift risk appetite in XRP’s favor. Institutional wallets have ramped up activity, adding fuel to the breakout.
Technically, XRP broke out of a multi-week descending wedge—a classic bullish pattern that often precedes explosive upside moves.
By the Numbers
- Price Move: +6% from $2.42 to $2.57 (July 10 04:00 – July 11 03:00)
- Intraday Range: $0.17
- Breakout Time: 21:00, July 10
- Volume: 219.3M, up 168% from 24-hour average of 81.85M
- Support Established: $2.53, with firm consolidation above $2.54
- Resistance Tested: $2.56; upside targets remain $2.70–$2.90
- Final Hour: Price dipped 0.35% from $2.58 to $2.57, forming a short-term descending channel
Whale wallets holding 1M+ XRP now control 47.32B tokens, reinforcing the case for sustained institutional demand.
Technical Breakdown
- Pattern Breakout: XRP broke out above $2.30 from a descending wedge — a bullish continuation signal
- Volume Strength: Volume surge confirms conviction behind the breakout
- Trend Holding: Price stability above $2.54 signals trend continuity
- Cooling Signs: The final-hour pullback shows short-term fatigue, with successive lower highs
- Profit-Taking: A spike of 4.10M volume at 03:25 may signal strategic exits from large holders
What Traders Are Watching
- $2.60 is the next psychological barrier. A clean break could open the door to $2.70–$2.90 and reignite 2021-era bullish momentum.
- Whale wallet activity and RLUSD’s rapid growth remain key long-term signals of ecosystem health.
- Support at $2.53–$2.54 is critical. A breakdown below $2.50 could invalidate the current bullish setup.
Final Take
XRP’s latest move isn’t just technical — it’s part of a broader story of institutional capital returning to the ecosystem. With volume surging, whale accumulation rising, and the RLUSD narrative expanding, momentum is building.
While the late-session dip hints at short-term cooling, the larger structure remains intact. A confirmed breakout above $2.60 could unlock a path to $2.90, and possibly $5.00, if momentum sustains.
Bottom line: This isn’t just a wedge breakout. It’s a macro reawakening of the XRP trade.
