Whale Investor Opens $1.5 Million Long Position as XRP Sets Its Sights on the $3.65 Target

Jakarta, Pintu News – As reported by Tron Weekly, the XRP (XRP) crypto asset has started to show signs ofbullish momentum as whale activity increases, which has helped boost investor confidence.

Analysts highlighted several important breakout levels as well as increased momentum in the XRP/BTC pair, which could potentially trigger a short-term rally.

As of October 7, the price of XRP was around $2.97, with a 24-hour trading volume of $9.26 billion and a market capitalization of $177.41 billion.

XRP Surges After Big Whale Action

Renowned crypto analyst STEPH IS CRYPTO highlighted an important development in the market, where a large whale opened a $1.5 million long position at $3.00. This large transaction sparked a new wave of interest from investors who are now looking forward to XRP’s next move.

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Additionally, another analyst, CRYPTOWZRD, noted that XRP’s recent movements have been rather neutral. However, the XRP/BTC pair is showing positive momentum to the upside, and a potential breakout above the daily lower high trend line is being anticipated.

After securing the current position, CRYPTOWZRD plans to monitor the intraday charts for further opportunities.

If XRP manages to break the trend line, the price could potentially break the resistance at $3.15 and advance to the $3.65 target, which is close to a new record high. The analyst also added that Bitcoin’s dominance and the XRPBTC pattern will most likely dictate the market’s direction in the near future.

Although the intraday movement was volatile, trading above the $3.01 resistance level could be a sign that the price is starting to show more assertive bullish behavior.

If XRP is able to break out of the intraday lower high pattern, it could trigger a larger upside push and test the resistance around $3.13. Traders are now watching closely, waiting for confirmation of the positive direction of XRP’s next price move.

Community shows strong optimism

Recent data shows that around 88% of the community has a bullish sentiment, signaling that the majority of market participants expect price movements to rise in the near future.

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This predominance of positive sentiment reflects strong market momentum as well as growing investor interest in the upside potential of asset values.

In contrast, only 12% of respondents showed bearish sentiments, meaning that the level of concern over potential price declines is low. With such a predominance of optimistic views, the overall sentiment of the market remains positive, reinforcing the belief that investors are currently anticipating more of an uptrend than a reversal.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• TronWeekly. XRP Eyes $3.65 Target Rising Higher as Whale Opens $1.5 Million Position. Accessed on October 8, 2025