XRP Whale Just Bought 3.8 Billion USD: What Will Happen Next?

XRP has once again become the center of attention in the market after a week of volatility, witnessing market capitalization drop by billions of USD while "whales" quietly accumulate large volumes. In just a few days, over 440 million XRP, worth 3.8 billion USD, have been "entered" by major investors, even as the spot price fell nearly 8%. The unusual combination of strong selling pressure and the strong buying force of the "whales" raises an important question: is XRP preparing for a major reversal, or are there still more bearish phases to come? XRP Price Prediction: What Happened to XRP This Week?

The price movement of XRP this week is a tug-of-war between the large accumulation of whales and strong risk-averse sentiment across the market. On August 15, whales accumulated 120 million XRP in just one day, right when this token experienced one of the strongest daily sell-offs in months. The market capitalization of XRP has fallen by 10 billion USD in 24 hours, from 193.85 billion USD to 182.85 billion USD. Over the past week, the market capitalization has decreased by 15 billion USD from the peak on August 8, while the spot price has adjusted nearly 8% down to around 3.08 USD. Despite this bearish trend, the fully diluted valuation of (FDV) for XRP remains high at $308.31 billion, indicating that long-term confidence in its value proposition has yet to be revalued. Furthermore, the accumulation activity of whales is significant - data shows that 440 million XRP (3.8 billion USD) have been purchased by large investors in just one week. What Does the Daily XRP Price Chart Tell Us?

Looking at the daily chart: Support area: XRP is finding an important support level around the $3.00–$3.10 range, coinciding with the middle line of the Bollinger Bands (,310). This level has been well maintained in recent sessions, indicating that accumulation is creating a floor price. Resistance level: The nearest resistance level is at $3.35–$3.50. Breaking through this area could pave the way to $4.00 and $4.50, with Fibonacci extension levels forecasting targets of up to $5.50. Trend context: XRP experienced a strong price surge in mid-July, peaking near $3.60 before correcting. Heikin Ashi candles currently show accumulation with smaller body candles, signaling hesitation but also a potential foundation for the next price surge. Bollinger Bands: The Bollinger Bands have started to narrow, meaning volatility is decreasing. Traditionally, such bearish phases are often followed by breakouts. Are Whales Building a Support Level for XRP? The accumulation of XRP on such a large scale rarely happens by chance. By purchasing over 3.8 billion USD worth of XRP in less than a week, large investors are actually tightening liquidity on exchanges and reducing the available supply. If exchange reserves continue to decline, this will create conditions for a supply shock when demand returns. Historically, XRP has shown strong recoveries after such periods of Accumulation. Data indicates that whale investors are preparing for a medium-term bullish trend, even as retail investor sentiment remains cautious. What is Short-Term Outlook? In the short term, XRP is likely to fluctuate in the range of 3.00–3.35 dollars until the trading volume returns. A daily close above 3.50 dollars will confirm the bullish momentum and drive XRP towards 4.00–4.50 dollars. On the negative side, if it breaks below the 3.00 dollar level, XRP may test the lower Bollinger band near 2.85 dollars before stabilizing. XRP Price Prediction: How Can XRP Price Continue to Rise? Bullish scenario: If whales continue to absorb the supply and the price breaks through the resistance level of $3.50, XRP could rise to the range of $4.50–$5.00 in the coming weeks. Bearish scenario: If the sell-off across the market continues and the $3.00 level fails, XRP could retest the support level of $2.80 before recovering. Overall, the combination of whale accumulation activity, tightening liquidity, and chart consolidation indicates that a medium-term trend reversal is forming. The next two weeks may determine whether XRP breaks out to a new high or tests deeper support before recovering.