![\"XRP](\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/05\/Will-XRP-Price-Explode-23-of-US-Investors-Back-Ripple-as-Whales-Scoop-200M-Tokens.webp\")
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The XRP price surged over 8% following the SEC\u2019s filing of its agreement with Ripple yesterday. Now, crypto analyst Egrag Crypto has commented on the altcoin\u2019s price action and revealed what needs to happen for it to confirm a bullish breakout. Amid this analysis, Ripple whales have moved $175 million worth of coins.<\/p>\n
![\"XRP](\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/05\/XRP-Egrag.png\")
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In an X post<\/a>, Egrag Crypto stated that in the short term, the XRP price must close above $2.41 to $2.50 to confirm a bullish breakout. He noted that the altcoin is at a crossroads, trading between critical breakout levels and potential retest.<\/p>\n The analyst warned that XRP\u2019s failure to breach the range around $2.3 and start consolidation could mean that the price correction isn\u2019t over. He added that the altcoin might see lower targets with the ultimate retest around $1.3 and $1.2. Egrag Crypto remarked that a drop to this zone would present a once-in-a-generation buying opportunity.<\/p>\n Meanwhile, he still expects the XRP price to rally to as high as $27 in this market cycle, as he stated that his cycle targets haven\u2019t changed. Crypto analyst Dark Defender also recently indicated that Ripple\u2019s native crypto\u2019s journey to double digits has begun.<\/p>\n This bullish outlook for the altcoin comes amid the US SEC\u2019s filing of its settlement agreement with Ripple<\/a>. This development further brings the long-running legal battle closer to a conclusion. A conclusion of the case would bring market clarity for investors and is undoubtedly bullish for the altcoin.<\/p>\n Amid this prediction for the XRP price, Ripple whales have moved over $175 million worth of coins. Whale Alert data shows that a whale moved just over 46.4 million XRP ($106.6 million) from an unknown wallet to another unknown wallet.<\/p>\n Meanwhile, in another transaction, another Ripple whale moved 29.5 million XRP ($69.5 million) from an unknown wallet to the top crypto exchange<\/a> Coinbase. Transfers to exchanges are typically bearish, as it suggests the holder plans to offload these coins.<\/p>\n However, whales look to be actively accumulating at the moment, which is bullish for the XRP price. As CoinGape reported, Ripple whales moved $782 million<\/a> worth of XRP to unknown wallets. Transfers to unknown wallets usually indicates that the investor is looking to hold these coins for the long haul.<\/p>\n The post XRP Price Eyes Bullish Breakout As Ripple Whales Move $175 Million<\/a> appeared first on CoinGape<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" The XRP price surged over 8% following the SEC\u2019s filing of its agreement with Ripple yesterday. Now, crypto analyst Egrag Crypto has commented on the altcoin\u2019s price action and revealed what needs to happen for it to confirm a bullish breakout. Amid this analysis, Ripple whales have moved $175 million worth of coins. XRP Price […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-391660","post","type-post","status-publish","format-standard","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/391660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=391660"}],"version-history":[{"count":0,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/391660\/revisions"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=391660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=391660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=391660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Ripple Whales Move $175 Million Worth of Coins<\/h2>\n