After multiple failed attempts higher, the token is getting fresh ammunition. On May 11, U.S. spot XRP ETFs recorded their strongest single-day inflow in four months, pulling in a solid $25.8 million.
At the same time, on-chain data shows whale wallets (holding 10,000+ XRP) hitting a new all-time high of 332,230 — clear signs that big money is quietly accumulating.
Is XRP’s Breakout Setup Loading?
The chart is starting to look dangerous for bears. Analysts are pointing to a falling wedge establishing itself on the weekly XRP price chart – a pattern forming right under resistance.
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If XRP can smash through $1.50 with strong volume and actually hold it, the next leg up could get spicy fast.
Right now, $1.50 is the clear line in the sand. Break and hold = momentum shift. Get rejected again = that’s another round of range frustration.
Bigger Picture Is Getting Bullish
Beyond the charts, the XRP Ledger is gearing up for serious DeFi expansion with native lending and better programmable tools. Combine that with steady ETF inflows and patient whale positioning, and you’ve got a setup that feels different from previous failed rallies.
In a nutshell, XRP is presently sitting at a high-tension technical level with real institutional and whale support behind it. If it clears $1.50 convincingly, this could be the start of something much bigger.
The next few attempts at this zone will likely decide whether we stay stuck or finally break out.
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