XRP jumps 40% in five days, climbing from below $1.00 to near $1.40

AI Market Summary
XRP rallied ~40% in five days, reclaiming the ~$1.40 area for the first time since May after basing near ~$1 through August. The move follows a bounce from ~$0.98, a prior inflection level referenced by market participants, and is supported by on-chain signals showing whale accumulation of 300M+ tokens in the 96 hours preceding the breakout. Near-term impact centers on elevated momentum and liquidity in XRP markets.
Impact level
● Medium
Affected assets
XRP/USDT+26.92%
AI Insight · XRP/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
XRP rallied 40% in five days, rising from below $1.00 to near $1.40 for its biggest weekly gain since the 2024 election-fueled move. The token rebounded from $0.98, the same level it traded at before the 2024 rally that lifted it to an all-time high near $3.65. After spending most of August around $1 and not trading near $1.40 since May, on-chain data show whales accumulated more than 300 MILLION XRP in the 96 hours before the move began.