XRP has proven its strength, outperforming several other major crypto assets in recent days. With a 30% surge over the past week, XRP has emerged as one of the top performers in the market, even as Bitcoin and other altcoins saw notable declines.

The performance has drawn attention from market experts, including Tunc Satiroglu, a well-known investment strategist and mathematician. According to Satiroglu, XRP’s recent bullish movement could signal more upside, but there is a critical level that investors need to watch closely to gauge the token’s short-term trajectory.

XRP’s Strong Performance Amid Market Pullback

Despite a challenging period for the broader cryptocurrency market, XRP has shown relative strength. Over the last 24 hours, Bitcoin dropped below the $95,000 mark, falling by 3.61%. In contrast, XRP only experienced a minor 1.73% dip, highlighting its resilience compared to other major digital assets.

Altcoins like Solana and Dogecoin saw more significant losses, with declines of 5.48% and 4.2%, respectively. Meanwhile, Ethereum managed to post gains, contrasting sharply with XRP’s relatively small pullback. This behavior underscores the token’s strength, especially in times of market uncertainty.

Tunc Satiroglu’s Analysis: Critical Levels for XRP’s Future Movement

Tunc Satiroglu, an experienced market strategist, has been closely monitoring XRP’s price movements. His analysis, based on a 4-hour chart, indicates that XRP is currently trading within a range defined by two key Fibonacci levels: $1.30 on the downside and $1.60 on the upside.

XRP’s price recently entered this range after breaking the $1 threshold two weeks ago for the first time in over three years. The token initially spiked to $1.63 on November 23, before retracing back to the $1.44 level, where it has been consolidating.

For Satiroglu, the $1.30 level is crucial. He describes it as a key stop-loss level, signaling that if XRP dips below this price, it could lead to a bearish reversal. On the other hand, if XRP can break above the $1.60 resistance level, it may be poised for a stronger rally, potentially targeting the $1.70 range next, with $1.96 as the next major price point to watch.

XRP Shows Mixed Momentum on Technical Indicators

XRP’s technical indicators suggest mixed momentum, as the token is currently navigating through a consolidation phase. Satiroglu’s chart analysis points to the formation of a bullish channel, with XRP respecting the upper and lower boundaries of the range. Currently, XRP is experiencing a retracement from the top of the channel and is attempting to consolidate at the $1.44 level.

Despite the recent price pullback, there are encouraging signs. Volume data reveals that trading activity has increased during price surges, suggesting strong buying interest. However, recent declines in volume could indicate waning enthusiasm among investors, which may be contributing to the current consolidation phase.

Furthermore, the stochastic indicator—an important measure of market momentum—shows that XRP has recently moved out of overbought territory. This suggests that buying pressure has eased but could resume if the token finds support at key levels and buyers regain control.

On-Chain Data Shows Whale Activity and Rising Interest in XRP

On-chain data provides additional insights into XRP’s potential. Santiment, a well-known crypto analytics firm, reports that whale investors holding between 1 million and 10 million XRP have accumulated a significant amount of tokens—230 million XRP—over the past week. This increased whale activity often signals confidence in the asset’s future price movement.

At the same time, XRP investment products have seen a notable rise in inflows. In fact, XRP investment products experienced a 353% increase in inflows, reaching $15 million last week. This influx suggests that institutional investors are becoming more interested in XRP as a potential growth asset.

However, there is a counterbalancing trend among retail investors. Smaller holders seem to be selling their XRP holdings, which could be limiting the upward momentum. This selling pressure from retail investors is contributing to the resistance around the $1.44 price level, even as institutional interest rises.

XRP’s Next Steps: Key Resistance and Support Levels

As XRP continues to trade within the $1.30–$1.60 range, its next move will largely depend on its ability to break through critical price levels. For investors, the $1.30 mark is key—dips below this level could signal a shift toward bearish price action, leading to potential further declines.

On the other hand, a break above the $1.60 resistance could set the stage for a more substantial rally. From there, the $1.70 region is the next logical target, with $1.96 potentially acting as the next big hurdle for the token.

For long-term investors, the current consolidation period might be an opportunity to accumulate more XRP at relatively favorable prices. However, the key for many will be whether the price can hold above $1.30—failure to do so could mean a larger pullback in the near future.

XRP’s Potential for a Strong Bullish Run

XRP has made impressive gains this month, surging 176% as of the latest market data. This bullish momentum has led some market veterans to predict that XRP could see even more significant gains in the future, provided it can hold above crucial support levels.

Looking ahead, the combination of increased whale activity, rising investment product inflows, and bullish technical indicators suggests that XRP may have more upside potential. However, the critical $1.30 stop-loss level remains a key point for traders to watch. Should XRP manage to break through the $1.60 resistance, the token could be set for a surge toward $1.70, and potentially even higher.

As always, cryptocurrency markets are volatile, and investors should stay informed about key levels, market trends, and on-chain data to make educated decisions.

Conclusion: Is Now the Time to Buy XRP?

For investors looking to capitalize on XRP’s momentum, the current market conditions present both opportunities and risks. Tunc Satiroglu’s analysis suggests that the token could be positioned for more gains if it can break above the $1.60 resistance, but the $1.30 support level remains critical. With increasing institutional interest and whale accumulation, XRP’s future looks promising, but cautious investors should monitor price movements closely before making a move.