XRP has kicked off 2025 with strong momentum, posting a 10% gain within the first 24 hours. Large holders have increased their assets by 350 million tokens.
XRP Whale Activity
Addresses holding between 100 million and 1 billion Ripple coins have collectively increased their balance by 350 million tokens, representing an $826 million investment. This suggests further price appreciation expectations among investors.
Social Dominance and Impact
XRP’s social dominance has reached 5.61%, indicating a growing market interest. This could amplify buying pressure in the market.
Technical Analysis: What's Next for XRP
A bull flag pattern is emerging on the daily chart, suggesting a potential rise to $3.25. However, attention should be paid to the $1.80 support level, which might be tested if buying interest declines.
The combination of significant whale accumulation, increased social awareness, and supportive technical patterns creates the conditions for continued XRP growth. Monitoring support levels remains crucial for maintaining the bullish trend.
