XRP Eyes $4.47 as Whale Wallets Surge and Veteran Trader Signals Breakout
25% weekly gain and institutional buying point to further upside
Ripple’s native token XRP is flashing bullish signals across the board, with a veteran chartist calling for a 60% rally and onchain data confirming a spike in whale activity. For investors, this may be a moment of reckoning as XRP prepares to test long-unseen highs.
Veteran Analyst Predicts 60% Rally Toward $4.47
According to Peter Brandt, a seasoned trader known for accurate macro calls, XRP’s price chart is forming a “highly rare continuation compound fulcrum” on the weekly timeframe.
This pattern, rarely seen in crypto, suggests XRP is building strength for a substantial move. If confirmed, the setup could send XRP/USDT toward $4.47, a 60% increase from current levels.
“It’s a complex base made of minor failed breakdowns and tight ranges,” Brandt noted. “These confuse the market, but often signal stronger accumulation.”
However, Brandt warned that a break below the $1.80 support would nullify this bullish structure.
XRP Records Best Weekly Performance Since November
XRP surged 25% in the week ending July 13, outperforming the broader market and posting its strongest weekly gain since late 2023.
Data from TradingView confirms the strength of the uptrend, with price momentum pushing into new local highs.
Whale activity is also surging, with the number of wallets holding over 1 million XRP now at an all-time high. This shift indicates rising institutional confidence and longer-term positioning.
Onchain Sentiment Turns Bullish: From Anxiety to Belief
Sentiment analysis from Glassnode shows XRP entering the “belief–denial” phase in the Net Unrealized Profit-Loss (NUPL) model—a zone historically associated with continued upside before euphoric peaks.
Unlike in previous cycles, there are no signs of panic selling or sharp profit-taking, suggesting a healthier rally driven by conviction rather than hype.
Altseason Tailwinds and Bitcoin’s Role
As altcoins begin to heat up, XRP is benefiting from broader market trends. Analysts at Santiment say that Bitcoin holding above $110K gives traders the confidence to rotate profits into altcoins, boosting tokens like XRP.
“Signs of an altcoin season are improving,” Santiment noted.
The environment is setting the stage for XRP to outperform as long as broader crypto sentiment remains strong.
What’s Next for XRP Investors?
If current trends hold, XRP could soon retest its former all-time highs above $3 and press toward Brandt’s $4.47 projection.
With whale accumulation hitting records, bullish technical patterns forming, and no signs of capitulation, XRP appears poised for a breakout—provided the broader market remains supportive.
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