XRP Surges as Institutional Buyers and RLUSD Drive Fresh Momentum
11/7/2025
XRP is gaining significant traction, fueled by surging trading volumes and growing institutional interest, as Ripple’s RLUSD stablecoin continues to strengthen the broader XRP ecosystem.
Market Drivers
Momentum for XRP has accelerated after Ripple’s RLUSD stablecoin surpassed a $500 million market cap earlier this week—a symbolic milestone highlighting XRP’s evolving utility.
Alongside this, traders are increasingly optimistic about potential regulatory victories for Ripple in both the U.S. and Asia-Pacific, adding to bullish sentiment. Whale wallets have become more active, signaling robust institutional accumulation and sparking renewed interest across the market.
Adding to the technical backdrop, analysts have flagged a breakout from XRP’s multi-week descending wedge, a pattern historically linked to significant price rallies.
Highlights from the Rally
- XRP rose 6% from $2.42 to $2.57 between July 10 (04:00) and July 11 (03:00), with an intraday range of $0.17 and volatility near 7%.
- A decisive breakout occurred around 21:00, lifting prices from $2.50 to $2.56 on trading volume of 219.30 million — a spike 168% above the daily average of 81.85 million.
- New support has formed at $2.53, with consolidation above $2.54 reinforcing the bullish trend.
- Whale wallets holding over 1 million XRP now control 47.32 billion tokens, underlining strong institutional presence.
Price Action Snapshot
- Trading Range: $0.17
- Low → High: $2.42 → $2.59
- Breakout Time: 21:00, July 10
- Volume Surge: 219.30M (vs. 24-hour avg 81.85M)
- Support Zone: $2.53, confirmed above $2.54
- Resistance Zone: $2.56, with further targets between $2.70–$2.90
- Final Hour (02:28–03:27): XRP eased 0.35%, slipping from $2.58 to $2.57, forming a descending channel with lower highs
Technical Insights
- Wedge Breakout: XRP’s breakout above $2.30 signals a bullish continuation from its descending wedge.
- Volume Confirmation: The 219.30M volume surge underscores strong conviction and institutional involvement.
- Trend Stability: Sustaining prices above $2.54 maintains the bullish outlook.
- Short-Term Cooldown: The final-hour pullback formed a descending channel, suggesting temporary consolidation as lower highs were recorded at $2.59, $2.58, and $2.57.
- Profit-Taking Signs: A spike of 4.10 million in volume at 03:25 hints at potential institutional profit-taking.
What Traders Are Monitoring
- Can XRP push decisively past $2.60 and challenge the key resistance zone between $2.70 and $2.90, critical for recapturing the bullish sentiment seen in 2021?
- Whale wallet growth and RLUSD’s $500 million milestone are crucial indicators, reinforcing the long-term demand outlook.
- A retest of support around $2.53–$2.54 could provide new buying opportunities if the trend holds. A drop below $2.50 would put the bullish structure at risk.
Outlook
XRP’s latest surge is fueled by a combination of technical breakout patterns, robust trading volumes, and fundamental drivers like whale accumulation and RLUSD’s expansion.
Despite a modest pullback in the final trading hour suggesting short-term profit-taking, the broader trend remains firmly bullish. A clean break above $2.60, supported by strong volume, could pave the way toward $2.90 — and possibly even $5.00, as some analysts predict.
For traders, this move is evolving from a simple chart breakout into a broader story of capital flows and growing confidence in the XRP ecosystem.
