- Strong absorption of aggressive XRP selling hints at a bullish breakout as whale flows shift to accumulation on Binance.
- Rising Open Interest and balanced funding rates signal renewed trader confidence, setting the stage for potential XRP price gains.
- Whale flow reversals and stabilizing support above $2.35 suggest XRP could rally, echoing past cycles of bullish momentum.
Recent market data suggests a bullish outlook for XRP, with strong absorption of aggressive selling on Binance highlighting a potential breakout. Key indicators, including whale flows and rising Open Interest, signal accumulating buyer strength and renewed trader confidence in the token’s upward trajectory.
Aggressive Sellers Meet Silent Accumulation
XRP’s market activity on Binance suggests strong seller absorption, signaling potential for a bullish breakout. According to a CryptoQuant update, “aggressive selling is meeting strong absorption,” pointing to ongoing accumulation as a key factor in market dynamics. This trend is supported by Binance data, which shows a taker buy/sell ratio of 0.91, with retail traders shorting aggressively while the price remains steady.
Open Interest, which had fallen sharply from its all-time high of $1.5 billion to $530 million, is climbing once again, reflecting renewed speculation and trader participation. Funding rates have returned to neutral territory after turning negative during the correction, indicating a market balance between longs and shorts. Beneath the surface, however, short positions are rising, creating conditions for a potential short squeeze.
Whale Flows Suggest Major Market Trends
Recent analysis of whale flows provides critical insight into XRP’s price trajectory. According to CryptoQuant Whale Flows, large-scale whale transactions have significantly influenced XRP’s market value. Between late 2024 and early 2025, negative whale flows dominated, peaking as XRP’s price surged to an all-time high above $3. However, mid-May 2025 data indicates a reversal, with net whale flows turning positive.
Historically, transitions from prolonged negative to positive whale flows have preceded major price recoveries or new uptrends. The 2024 rally, which saw XRP rise 400% from $0.43 to $3.55, began under similar conditions. The slowing of whale outflows in recent weeks aligns with stabilization above $2.4, potentially marking the start of another bullish phase.
Key Technical Indicators Reflect Buyer Control
XRP’s technical analysis highlights critical levels and market sentiment driving price action. The Relative Strength Index (RSI) currently stands at 68.88, nearing overbought levels that may introduce short-term caution. Price support at $2.35 has held firm, with resistance at $2.6553; a breakout above this level could pave the way for a $3 retest.
Market volatility remains sensitive to geopolitical and regulatory news, which has tended to drive sharp and rapid XRP moves. For instance, XRP’s unexpected jump way above $3 in late 2024 coincided with major announcements, including SEC actions and policy developments. This underscores the impact of external catalysts on market momentum, further reinforced by cyclical trends in funding rates and taker ratios on Binance.
Rising Speculation Sets Stage for Volatility
The resurgence of speculation is evident in Binance futures data, where Open Interest growth signals heightened market engagement. While the funding rate remains neutral, suggesting indecision, ongoing absorption of aggressive selling builds a case for bullish momentum. Analysts warn that sustained accumulation could trigger a breakout, as has occurred in previous cycles of similar market behavior.
As May progresses, XRP holds steady above $2.3, with data pointing to rising buyer dominance and decreasing volatility. This confluence of factors positions XRP as a focal point for market participants anticipating the next major price move.
