XRP Breaks Key Resistance, Signals Potential Surge Amid Whale Silence

XRP is flashing signs of potential volatility after breaking out of a long-standing descending trendline, signaling a possible shift in sentiment. The cryptocurrency, currently trading around $2.14, recently bounced off the 200-day EMA and is hovering above key supports like the 50 and 100 EMA—levels that could act as springboards for a short-term rally toward $2.25 or even $2.30.

After a prolonged phase of sideways movement and weakening momentum, XRP's breakout could mark the start of a significant price swing. The Relative Strength Index (RSI) is moderately strong, suggesting that XRP is not yet overbought and still has room to climb. Technically, this setup supports a bullish continuation if the asset holds above the critical $2.08–$2.10 range.

What makes this setup particularly intriguing is what’s happening off the charts. On-chain data shows a sharp drop in large transaction volumes—often a key indicator of whale activity. Historically, these quiet periods from major holders tend to precede major price moves, driven either by sudden sell-offs or strategic accumulation.

This pause in whale activity could be the calm before a storm, positioning XRP for a surprise move. If major investors re-enter the market, their impact could sharply influence price direction. As it stands, XRP appears to be coiling for a potentially strong move, with the breakout and strong technical support aligning for a possible bullish run.

Traders should watch closely. If XRP maintains its position above $2.10 and buying volume returns, the stage may be set for an explosive upside. With technicals aligning and sentiment shifting, XRP could soon catch the market off guard.