- XRP is above the broken level of $1.13.
- Whaling sales decline as large owners increase their hoarding.
- Daily XRPL payments exceed 500,000 transactions.
XRP recently moved above the $1.13 level, a price point that many traders were looking at as a major resistance point.
Holding above this level has changed the focus of major resistance, with market analyst Dark Defender identifying $1.22, or approximately $1.2269, as the next target using Elliott Wave analysis and additional Fibonacci levels.
XRP is clearly resting and is expected to complete the 5 Wave pattern that we established on June 30. I will add it as a second post so you can check it out!
$1.13 is the POINT. $1.22 is expected. (NFA)
Enjoy your day!#XRParmy # cry pic.twitter.com/gPCyQQgfzO
— Defend Dark (@DefendDark) July 21, 2026
Dark Defender’s analysis shows that maintaining support above the breakeven point is still important to maintain the trend.
A sustained move above the current level would encourage a technical setup, while a break below the breakout level could trigger another test of lower support.
The golden cross and breakout reinforces XRP’s technical picture
Another interesting development is the golden cross pattern, a chart that occurs when a short-term moving average crosses a long-term trend.
This sign has been associated with long-term change.
Although the golden cross does not guarantee higher prices, it is considered one of the strongest signals when it appears in conjunction with a confirmed breakout.
The combination of risk rejection and the gold cross has resulted in a more powerful skill than either symbol would have provided on its own.
The focus now is on whether XRP can build enough momentum to challenge the next domain known as Dark Defender.
More whales instead of more sales
On-chain data has also shown a noticeable change in the behavior of the main XRP owners.
The latest blockchain metrics show that whale pressure has dropped to its lowest level since 2025.
At the beginning of the year, hundreds of millions of XRP were regularly transferred by major owners to the exchange, increasing the trading power.
This exchange rate has fallen sharply, which indicates that the sellers are starting to shrink.
At the same time, the blockchain data shows an acceleration in the increase of fish, which shows that some majors are increasing their XRP positions instead of reducing them.
In general, buying services from large wallets reduces the speed of selling in the market.
However, the number of individual whales does not determine future value. The regular meeting still depends on the market volume and the continued buying interest of the participants in the institutions and sellers.
The XRPL online experience has reached an important milestone
Beyond pricing, the XRP Ledger has also documented strong network usage.
Daily transactions on XRPL recently topped 500,000 transactions, which is one of the strongest transactions for the network in recent months.
Payment volume is one of the main indicators used to measure blockchain services because it shows how often the network is used to transfer and stabilize.
The increase in payment services comes along with the development of the entire XRPL ecosystem, including projects focused on combining artificial intelligence and blockchain infrastructure.
Although this is still growing, it points to many activities going on beyond simple marketing.
