XRP just exploded to $2.58, smashing past key resistance zones and registering its biggest breakout since 2021. Fueled by whale accumulation, institutional optimism, and a broader altcoin wave, the rally appears to be just getting started.
The breakout happened around July 10, 21:00, with an explosive 219M+ volume surge, showing that big money is entering the XRP game. This move comes as Bitcoin rips past $118K and Ethereum tops $3K, fueling speculation of a full-blown altseason.
On-chain data shows that wallets holding 1M+ now control 47.32B tokens, the highest whale concentration seen since early 2022.
Technical indicators support the move: it broke above a multi-year descending wedge, forming new support at $2.53. If it can hold these levels, we could soon be talking about $3.80, $4, or even $6.
Historical trends show XRP tends to overdeliver during bull runs — and with institutional capital circling and Ripple’s RLUSD stablecoin booming, this breakout could just be the first wave of a much bigger rally.
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