XRP Price News Summary
Crypto 2026-03-12 08:24 source ↗

XRP Price News: Accumulation Confirmed – Whales Buy $152M in March

Author: Alejandro Arrieche

Published: March 11, 2026

Key Points

  • XRP whales have accumulated 110 million XRP in March.
  • A bullish breakout above $1.48 could lead to a 17% price increase.
  • Recent buy signals have resulted in attractive returns for traders.

Current Market Overview

XRP has experienced a 4.4% decline over the past week, falling below the $1.40 mark. This drop follows a flat inflation report in the United States, where prices rose by 2.4% year-over-year, aligning with analysts' expectations.

Trading volumes for XRP have been decreasing, indicating a range-bound trading pattern between $1.48 and $1.34. This suggests market indecision regarding the token's future direction.

Whale Accumulation

On-chain data from Santiment reveals that whale wallets, defined as those holding between 100K and 100 million XRP, have increased their holdings by 110 million XRP this month, amounting to a $152 million investment at current prices. This accumulation indicates that large investors are buying the dips, potentially anticipating a price increase or favorable developments.

Specifically, whales holding between 10 million and 100 million XRP have been the most aggressive buyers, adding 70 million XRP since the start of March. This buying pressure may establish a strong support level for XRP and could trigger a relief rally if the price breaks through key resistance levels.

Technical Analysis

The 4-hour chart highlights critical technical levels for XRP. The $1.34 area has emerged as a strong demand zone, while a sell wall is present just above $1.45, marking it as a key resistance level. The 200-day exponential moving average also coincides with this resistance, making it a significant point to monitor.

A breakout above $1.48 could lead to a price target of $1.65, representing a potential upside of 14%. This scenario offers an attractive risk-reward ratio of 3:1.

The Relative Strength Index (RSI) has shown signs of recovery throughout March, which aligns with whale buying activity, suggesting that XRP may have reached a local bottom. If the RSI surpasses the 60 mark, it would signal accelerating positive momentum.

Recent Buy Signals

The hourly chart has indicated three consecutive buy signals, the first occurring on March 9 when XRP rebounded from the $1.34 support level. This initial buy signal has already achieved a take-profit level of 1.5x. The trade offers a 3.5x risk-reward ratio if the price reaches the $1.48 target. Additionally, the hourly RSI has also provided a buy signal after rising above the 14-period moving average.

Conclusion

The current accumulation by XRP whales and the technical indicators suggest a potential for upward movement in the near future. Traders should monitor the key resistance level at $1.48 closely, as a breakout could signal a significant price rally.

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Informational only. Not investment advice.