XRP Whale Wallets Hit ATH and an Analyst Explains How One Final Retest for XRP Remains

  • XRP whale wallets hit ATH records.

  • Analyst explains how one final retest for XRP remains.

  • If XRP prints the same pattern as Amazon in 2009, it could hit $202 ATH.

The crypto community continues to be steadily bullish for all crypto market assets, especially for promising altcoin assets such as Ethereum (ETH), Cardano (ADA), and Ripple’s XRP. At the moment, XRP whale wallets hit ATH and an analyst explains how one final retest for XRP remains before the price of XRP could enter a parabolic surge phase, leading the asset to set new ATH targets over the coming months.

XRP Whale Wallets Hit ATH

Most altcoins have been showing strong bullish indicators since before the bull cycle began. When Bitcoin (BTC) went on to set new ATH prices over the course of the past two years, altcoin assets surged too, but only a handful went on to set new ATH prices, which was disappointing compared to the gains Bitcoin pulled. This led experts to conclude that the main altseason peak event was yet to occur.

Despite the constant delays to this long-awaited arrival of an altseason peak phase, analysts and traders hold strong to their expectations. This is because several price charts on the macro still show strong bullish opportunities in the months ahead, most of which are multi-year setups. One of the biggest signs showing the conviction from holders is the fact that they have been accumulating non-stop.

XRP WHALE WALLETS HIT ALL TIME HIGH

XRP Ledger has reached a record 332,230 wallets holding at least 10,000 $XRP.

Onchain data shows steady growth in large XRP holders since June 2024. The trend suggests continued accumulation despite broader market volatility.

Analysts view… pic.twitter.com/4y6NNT5dJ9

— BSCN (@BSCNews) May 13, 2026

As we can see from the post above, the XRP Ledger has reached a record 332,230 wallets holding at least 10,000 XRP. According to Santiment on-chain data, the steady growth in large XRP holders since June 2024 is clear. The trend suggests continued accumulation despite broader market volatility. Analysts view rising mid to large wallet activity as a long-term bullish signal.

Analyst Explains How One Final Retest for XRP Remains

Indeed, many investors appear to be accumulating XRP during fear-driven market conditions. Wallet growth has now fully recovered from the February crypto market crash. Some experts believe that XRP has one final retest before it reprices as Amazon did from 2009. According to the charts, it is clear that XRP’s long-term chart structure closely resembles AMZN’s setup before it entered a major repricing phase.

One Final $XRP Retest Before It Reprices as Amazon Did From 2009, Chart Nerd Highlights.

XRP’s long-term chart structure closely resembles AMZN’s setup before it entered a major repricing phase.

XRP has spent years respecting a rising support trendline while repeatedly… pic.twitter.com/jloonkwvnI

— TheCryptoBasic (@thecryptobasic) May 12, 2026

As we can see from the post above, XRP has spent years respecting a rising support trendline while repeatedly struggling to break through a major resistance ceiling. Amazon showed a nearly identical structure between 1998 and 2009 before eventually breaking above the decade-long resistance level. XRP could experience one final retest of support before a larger breakout attempt develops in 2026. If XRP mirrors the exact scale of growth and rallies 5,660% from the 8-year resistance near $3.50, the asset will reach $202 per coin.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments