XRP experienced a dramatic price surge on Sunday morning that caught the crypto market off guard. The digital asset jumped above $2.90 following an intense 15-minute buying wave where traders purchased over 10 million tokens.
The weekend rally occurred during thin trading conditions when smaller orders typically have larger price impacts. This created perfect conditions for the explosive move that shifted market sentiment around the third-largest cryptocurrency.
$XRP just decided to send on this Sunday morning
Any news?
+10M $XRP net buy pressure in 15 minutes pic.twitter.com/4etRddPZUs
— Dom (@traderview2) September 7, 2025
According to exchange data, Kraken led the buying pressure with cumulative volume delta spiking past 5 million units. Coinbase and Binance also recorded notable inflows during the same period, though at smaller volumes than Kraken’s surge.
The coordinated buying across multiple major exchanges explains why the price movement was both sharp and sustained. XRP shot up from $2.85 to $2.93 within minutes before settling back slightly to current levels around $2.83.
The Sunday rally comes as XRP accumulation has reached its highest point in over two years. Exchange net position change data shows investors have accumulated approximately 1.7 million XRP tokens over the past month.
This renewed buying interest suggests market participants remain confident in the asset’s potential recovery. The accumulation trend reflects optimism despite broader market uncertainty affecting the cryptocurrency sector.
Long-term holders appear to be taking advantage of current price levels to build positions. The scale of recent accumulation indicates belief that XRP has room for upward movement.
XRP now trades just below the critical $2.85 resistance level that previously capped price movements. Breaking above this level could open the path toward $2.95 and potentially $3.07 if momentum continues.
The $2.85 level has become the key support to watch following Sunday’s action. Holding above this price point would validate the bullish breakout attempt and potentially attract additional momentum traders.
The psychological $3.00 level represents the next major target if bulls can maintain control. This round number often acts as a magnet for price action in cryptocurrency markets.
The Network Value to Transactions ratio has spiked to its highest point in two months following recent price action. This surge suggests XRP’s network valuation may be exceeding its current transaction activity levels.
Historically, elevated NVT ratios can indicate that accumulation momentum may be cooling in the short term. While overall sentiment remains positive, the high ratio could create temporary headwinds for further price advances.
The metric serves as a warning that despite strong buying pressure, the network fundamentals may not fully support current valuation levels. This creates potential for short-term volatility.
The timing of Sunday’s rally played a crucial role in its magnitude. Weekend cryptocurrency trading typically features reduced liquidity and fewer active participants compared to weekday sessions.
These conditions mean that large orders can move prices more dramatically than during regular trading hours. The combination of thin liquidity and concentrated buying created an ideal environment for the sharp price spike.
Professional traders and institutions often use weekend conditions to execute large positions with minimal market impact. The scale of Sunday’s buying suggests involvement from sophisticated market participants rather than retail traders alone.
XRP closed Sunday’s session at $2.83 with the market watching whether bulls can maintain control above the $2.85 support level established during the weekend rally.
The post XRP Price Prediction: Sunday Rally Driven By 10 Million Token Buying Spree appeared first on CoinCentral.
Also read: Crypto Weekly Roundup: Top News and Market Shifts
