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XRP Price Prediction as Whale Moves 6.3M Tokens Amid Breakout Setup

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XRP Price Prediction as Whale Moves 6.3M Tokens Amid Breakout Setup

XRP price prediction has returned to focus as the token approached a major breakout zone. XRP traded near $1.43 while compressing inside a symmetrical triangle on the daily chart. Traders are now watching whether the token can break above $1.45 or lose support near $1.35.

The setup also gained attention after a whale-linked wallet withdrew 6.3 million XRP from Upbit before redistributing the tokens across several exchanges.

XRP Price Prediction Targets $1.80 on Breakout

XRP price trades near $1.43 after a recent rebound, placing the token close to the upper boundary of its daily consolidation range. Ali Charts shows XRP compressing inside a symmetrical triangle, with price action tightening between rising support and falling resistance.

The setup places $1.45 as the main level for buyers to clear. A confirmed daily close above that mark could open the way toward the $1.80 to $1.82 area, based on the measured move from the pattern. However, the same structure also leaves room for downsides if sellers regain control.

XRPUSD Chart | Source: X
XRPUSD Chart | Source: X

The lower boundary sits near $1.35, which now acts as the key support level. A daily close below that zone could weaken the current setup and expose XRP to a move toward $1. The current range, therefore, remains a no-trade zone for cautious traders waiting for confirmation.

Symmetrical triangles often signal a coming volatility move, but they do not confirm direction on their own. XRP price now needs a daily close outside the $1.35 to $1.45 range before the next trend becomes clearer.

XRP Whale Transfer Adds Fresh Market Attention

On-chain data shows an unknown wallet withdrew 6.3 million XRP from South Korean exchange Upbit on Tuesday. The transfer was worth about $8.8 million at the time and came as XRP recovered with the wider crypto market.

The wallet did not hold most of the tokens for long. Current data shows the address now holds about 119,800 XRP, worth roughly $171,800.

XRP Whale Movement | Source: Bithomp
XRP Whale Movement | Source: Bithomp

Further tracking shows the tokens moved across Binance, Bybit, Bitget, Gate.io, and other unknown wallets. That distribution reduces the chance of a simple single-wallet accumulation move, although the final owner remains unclear.

XRPScan data also shows that the address was activated by an account linked to Bittrex, the crypto exchange that filed for bankruptcy in 2023. That connection raises the possibility of an exchange-related reshuffle, although no confirmed statement explains the transfer.

XRPL Treasury Pilot Supports Institutional Narrative

XRP also gained attention after a group involving J.P. Morgan, Mastercard, Ripple, and Ondo Finance completed a tokenized U.S. Treasury redemption using the XRP Ledger. The pilot tested how blockchain rails can connect with traditional banking systems.

The transaction involved Ondo Finance processing the redemption of Ripple’s OUSG tokenized Treasury product on XRPL. Mastercard’s Multi-Token Network then routed instructions to Kinexys, J.P. Morgan’s blockchain unit, before dollars reached Ripple’s bank account in Singapore.

Source: X
Source: X

This pilot links XRP Ledger to a broader institutional push around tokenized real-world assets. Tokenized Treasuries remain small compared with the wider U.S. Treasury market, yet major financial firms continue testing settlement, collateral, and transfer use cases.

XRP Price Holds Key Zone as Traders Wait

XRP has gained about 1.95% in the past 24 hours and roughly 3.4% this week. The token is also up about 27% from its February 6 low near $1.12, showing a steady recovery from recent weakness.

Still, Bitcoin continues to attract stronger capital flows, leaving XRP and other large altcoins waiting for rotation. That backdrop makes the $1.45 daily close more important for traders watching a possible breakout.

A move above resistance could support the bullish XRP price prediction toward $1.80. Meanwhile, failure to defend $1.35 could shift attention back to lower support near $1.

Moses K
Written by
Moses KVerified

Moses K is a crypto journalist covering markets, regulation, and blockchain trends. He has written for The Coin Republic, Coinchapter, Cryptopolitan, Cryptotale, Coinspeaker, and MPost. Known for his concise, data-driven reporting, Moses focuses on price analysis, on-chain metrics, and policy developments shaping the global digital asset landscape.

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About this article

PublishedMay 7, 2026 2:25 pm
Last updatedMay 7, 2026 9:36 am
Written byMoses K
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

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