XRP chart targets 34% upside as EMAs and whale buying support move

Beincrypto reports XRP’s chart targets a 34% breakout, supported by converging EMAs and steady whale buying, though rising short-term holder activity could delay a clean move.

An inverse head-and-shoulders pattern is forming and remains valid while price holds above $1.77; if confirmed above the neckline the projected upside is about 34%, near $3.34. Technical tailwinds include the 20-day EMA closing in on the 50-day EMA (a potential golden crossover), and the MFI has trended higher even as price fell since early November, suggesting dips have attracted buyers.

On-chain data shows wallets holding 1 million–10 million XRP rose from roughly 3.54 billion to 3.55 billion after January 5, while holders of 10 million–100 million reduced exposure during the rally but then added, increasing from about 11.07 billion to 11.13 billion XRP (roughly 60 million tokens, about $130 million). Short-term holders (one day to one week) have expanded their share from around 0.6% to about 1.33% of circulating supply since December 30, a shift that can create volatility. XRP needs a clean daily close above $2.46 to challenge resistance and confirmation above $2.54 to validate a breakout toward $3.19–$3.34; a daily close below $2.13 would weaken momentum, with support near $1.95 and $1.77 where the pattern would still be intact but stretched.

Key Topics

Crypto, Xrp, Ema Crossover, Whale Accumulation, Money Flow Index, Hodl Waves