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XRP Whales Hoard Over 880 Million Tokens in Previous Month

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  • XRP whales have amassed more than 880 million tokens in the last month, showing strong confidence in the market’s price going forward.
  • Having resisted price volatility, large holders have continued to purchase XRP at steady rates, thereby increasing the total whale-held supply to 7.75 billion.
  • Technical indicators such as RSI and MACD now indicate that momentum is building and that XRP is trending bullishly.

Whales have deposited more than 880 million XRP coins into their wallets in the past month as a sign of increased confidence in the digital asset’s future. Such whales are usually wallets containing between 10 million and 100 million XRP, and buying such large amounts is usually a sign that they are expecting a positive price movement later on.

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Source: X @ali_charts

Ali (@ali_charts) posted on X and shared a chart from Santiment, a blockchain analytics platform, indicating a steady growth in whale holdings since early April 2025. From this pattern, it is clear that these large holders have been buying the Ripple-linked cryptocurrency consistently over the past few weeks.

XRP Price Rebounds after Whales Snap Up Its Positions

Two key trends are reflected in the chart that Ali posted and they are the quantity of XRP held by these massive wallets and the price of this coin within the same timeframe. Even though the crypto asset’s price has fluctuated during this period, the rate at which whale accumulation was gaining speed did not slow down. 

As shown by the chart, the coin’s price was around $2.21 as of May 8, having gained from recent dips in the month. It is also important to mention that the total value held by whale wallets approached 7.75 billion XRP at that moment.

Whale Moves Conform to Bullish Signals from Chart

On the TradingView chart, XRP has been trying to steady itself after a shaky period over the last couple of months. In recent days, the price was hovering between $2.10 and $2.25 and bounced clearly from the $2.13 level.

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Source: TradingView

The RSI, a tool that can be used to determine if a coin is overbought or oversold, is showing an uptick, and has moved from under 40 to above 58. This reflects that momentum is building, which may indicate a shift to more buying pressure.

Meanwhile, the MACD (Moving Average Convergence Divergence), is nearing a possible bullish crossover, and this may provide more legitimacy to the idea that XRP may be ready to start a new price rally.

Will Filecoin Bounce? Key Indicator Points to Yes

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  • Filecoin appears to be on the move toward a key support level, which could signal the potential for a price increase if buying pressure picks up.
  • There has also been a TD Sequential “13” indication, which signals that sellers are exhausted and a reversal could occur.
  • Some investors believe that there will likely be a short-term rising trend but are waiting for stronger bullish momentum to confirm this. 

In a recent post on X (formerly Twitter), crypto analyst Ali (@ali_charts) drew the attention of many Filecoin (FIL) traders and investors. In the post, Ali explains that Filecoin is sitting on the lower side of a trading channel, a strategic price point that functions as support and has the potential to soar upwards if buying activity increases.

What captured the attention of most readers was that alongside Ali’s analysis, a TD Sequential indicator, which is popular for anticipating a trend reversal, also appeared. Many consider this to be a confirming signal of an upcoming minor uptrend.

TD Sequential Indicator Provides Optimistic Outlook

In the TradingView screenshot shared in the post and from the candlestick pattern, we can see the price moving downwards almost to the $2.64 region, which is bounded by a thick black support line. The price touched this level and showed signs of holding above it, which suggests that buyers are starting to help defend this support barrier. 

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Source: X @ali_charts

Another supporting clue is that TD Sequential shows a “buy” signal. This sequential indicator suggests a bullish outlook when it shows “13.” This is because the  indicator typically flashes a “13” after a sequence of candles that suggest exhaustion in an ongoing trend; in this case, the indicator is invoking sentiments that bearish movements might be tapering.

Buyers Reaction Would Control Filecoin’s Possible Rise

According to the overall chart structure, it appears that Filecoin has been ranging, as the price is currently at the lower boundary. It is on the verge of testing this very boundary, which has previously acted as a major bounce point, such as in late April. 

If the trend does repeat and sellers respond to the signal, it would allow Filecoin to surpass expectations and achieve short-term targets. Of course, the market must remain cautious, as additional confirmation is required, such as an increase in volume or a series of green candles that drive the price back to mid-range or upper-channel levels. 

Related Reading | From $2 to $20? XRP’s Historic Moves Hint at Massive Upside

AI16Z Price Turns Bullish: MACD Crossover Signals Possible Upside Momentum

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  • The first bullish MACD crossover in weeks is now showing in AI16Z’s charts.
  • Buyer momentum may be building based on RSI levels, which are now rising from the neutral level.
  • The recent accumulation of AI16Z tokens follows a steep decline, thus indicating growing investor confidence in a recovery.

The AI16Z token is showing signs of a turnaround after a prolonged downtrend. Technical indicators are starting to signal early signs of strength, despite market sentiment being quite bearish for a while now.

One of the clearest signals is the MACD (Moving Average Convergence Divergence). A bullish crossover has occurred for the token, for the first time in weeks – the MACD line crossing above the signal line.

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Source: TradingView

This bullish crossover supports the notion that the AI16Z token has its downward pressure already weakening slightly and buyers returning. The green bars on the MACD histogram suggest that this is a momentum shift; the speed of positive movement is increasing, albeit very slightly for now.

RSI Reading Signals Upward Trend of Buying Momentum

The price of AI16Z is still slightly dipping, around 2.3% in the last day, at $0.1464. For the RSI (Relative Strength Index), which shows the speed and variation of the price movement, it currently has a reading of 46.85.

The rise in this level is still very gradual, so it’s in neutral territory, neither overbought nor oversold. Typically, a positive crossover of the MACD when it occurs from a low base is a sign that bullish interest is increasing, which is what a rising RSI from a low base typically indicates.

The First Move of a Significant Trend Change

AI16z is in a consolidation phase as the price action is now relatively flat. This kind of consolidation is usually a necessary move for a token before it experiences a sustained recovery. 

Interestingly, we have already begun to see small but steady green candles in recent sessions, which indicates that investors are accumulating, believing that the token may have already bottomed out.

Although the AI16z token still has a long way to go to return to its previous highs, current technicals are showing a glimmer of hope for the early optimists. Notably, the MACD crossover into bullish territory indicates the first move of a more significant trend change, especially when it is supported with increasing volume. 

Also, while RSI does not yet confirm a strong trend, its direction suggests that the bearish grip over the AI16z is loosening.

XRP Price Prediction : Is A Bullish Breakout Towards $6.50 On The Horizon?

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  • XRP eyes $2.24 support after breakout from inverse head & shoulders
  • Key Fibonacci support levels at $1.90 and $1.55 remain intact
  • Wave 3 projection points to possible rally toward $6.50 and $9.50

Elliott Wave analysis indicates that XRP is at a critical point as it finishes a Wave 2 correction. The cryptocurrency continues to test vital Fibonacci retracement levels near $1.90 and $1.55. Market indicators point to a massive price increase after momentum builds and XRP breaks resistance.

image 165 9
XRP Price Prediction : Is A Bullish Breakout Towards $6.50 On The Horizon? 8

Support and Resistance Define XRP’s Price

The $1.90 price level serves as major support and matches the 0.5 Fibonacci retracement. However, the $1.55 support level, which aligns with the 0.618 retracement, is the most crucial final support. The price needs to remain stable at these zones to confirm the end of Wave 2.

XRP faces major resistance at $2.24, which matches the 0.382 Fibonacci retracement level. XRP surpassed the key price levels, which turned its former resistance zone into new robust support. If XRP holds above this line, it could reduce chances for a potential correction.

Inverse Head and Shoulders Signals Breakout

The XRP price chart has established a clear inverse head and shoulders pattern, which indicates a major bullish reversal pattern. The price surpassed the neckline at $2 and continues to consolidate. This price behavior indicates further upward movement.

image 166
XRP Price Prediction : Is A Bullish Breakout Towards $6.50 On The Horizon? 9

Market participants continue to analyze this price structure and increase in volumes, which further reinforces a potential breakout. The pattern shows bullish control, characterized by higher lows and stable buying pressure. These technical indicators point to an increased market momentum for XRP price.

image 165
XRP Price Prediction : Is A Bullish Breakout Towards $6.50 On The Horizon? 10

If XRP holds above this support level, it could strengthen its bullish movement. A successful retest of $2 validates short-term bullish price predictions. This technical formation could indicate the potential start of an upward price movement.

Wave 3 Targets, Bullish Fibonacci Extensions

The Elliott Wave theory predicts XRP is near the Wave 3 impulse if it maintains its current position. Historically, Wave 3 drives the fastest and highest price appreciation in price cycles. Analysts expect Wave 3 to reach between $6.50 and $9.50.

A major price target stands at $6.50, which matches the 1.618 Fibonacci extension from the recent price bottom. An aggressive price rise could lead XRP to reach $9.50, which matches the 2.618 extension level. Under favourable market conditions, XRP may surge to $12, which corresponds with the 3.618 extension.

The increased momentum indicates that the correction phase could end soon. As at press time, the price of XRP traded at $2.07

Aptos (APT) Nearing Breakout Zone – Will It Trigger a 20% Jump?

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  • Aptos is close to hitting a historically strong support zone that is believed to be a reversal.
  • Aptos is ready to break out, with a rising RSI, weakening selling pressure, and a descending wedge pattern forming.
  • RektCapital’s setup indicates APT’s possible breakout at the $7–$9 range if buyers take control, despite the bearishness from technical indicators.

Aptos (APT) is at a critical level of $4.76 and has fallen 7.5% in the last day. While there may be some short-term decline, the bigger picture does present more significant pressure to the downside. There has been more than a 15% fall over the past week and a 7.23% fall in the past month.

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Source: TradingView

Aptos Eyes Upside Breakout

Despite ongoing declines, experts are saying that Aptos might be close to a breakout. Analysts at RektCapital point out that APT is sitting at a key support, which has been tested more than ten times already, a sign of strong historical demand.

A descending trendline on RektCapital’s chart reveals an overall downtrend for APT, but as long as the support level is maintained, breakout possibilities remain open. With bullish momentum (signified by a small green arrow), a rise above this region would see APT surge over 20%, hitting resistances of $7 to $9 in the upcoming weeks.

Source: RektCapital

APT Forms a Descending Wedge

In the daily chart for Aptos (APT), a wedge pattern is revealed within the major downtrend. The price is converging between two downward-sloping blue trendlines, which implies a bullish reversal as selling pressure has weakened. 

The right side of the chart is showing a breakout attempt, and buyers appear to be pushing back to higher levels. A support zone (in yellow) is playing the role of a demand area, so there is potential for trend reversals if it holds. 

The green arrows show that APT has the potential to break out of the wedge, and if it successfully moves beyond the wedge’s upper boundary, then the breakout has been confirmed.

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Source: RektCapital

Market sentiment, as measured by the Relative Strength Index (RSI), is also increasing despite the ongoing downward trend. Moreover, a further breakout above the larger descending resistance line will support growing bullish momentum.

APT’s Breakout Is Possible

With almost none of the Moving Averages, RSI, and the Stochastic Oscillator readings tending in the positive direction, there are suggestions of some selling pressure. Thirteen Moving Averages signals a sell, one signals neutral, and one signals a buy. 

Hence, there is a possibility for market dynamics to turn around. This is because the signals not only convey that the price is being squeezed downward but also indicate that it is paving the way for a large push to the upside for a potential breakout in the future.

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Source: TradingView