The cryptocurrency market is showing strong signs of recovery, with XRP leading the charge in a remarkable rebound. According to Santiment, XRP's price has surged from a low below $1.15 just under 18 hours ago to above $1.50, marking a significant turnaround for the fourth-largest cryptocurrency by market cap. This rapid recovery comes amid broader crypto market rebounds, but XRP's performance stands out due to intense on-chain activity that savvy traders should note for future trading strategies.

XRP Price Surge and Whale Accumulation Signals

Diving deeper into the XRP price analysis, the coin bottomed out below $1.15 around February 6, 2026, triggering panic among sellers who speculated on a potential drop below $1.00. However, this dip was met with obvious whale accumulation, as evidenced by 1,389 separate transactions exceeding $100,000 each—the highest volume in four months. Such large-scale buying from whales often indicates strong confidence in an asset's reversal, providing a key trading signal for investors monitoring on-chain metrics. Traders could view this as a buying opportunity, especially if XRP maintains momentum above the $1.50 resistance level, potentially targeting higher supports like $1.60 or even $1.80 in the short term based on historical patterns.

On-Chain Metrics Driving XRP's Reversal

Adding to the bullish case, the XRP Ledger saw a massive spike in unique addresses, ballooning to 78,727 within a single 8-hour candle—the highest in six months. This surge in network activity suggests increased user engagement and adoption, which are critical indicators for any cryptocurrency's price reversal. For traders, these metrics correlate with rising trading volumes and could signal the start of a sustained uptrend. If we consider cross-market correlations, this XRP rally might influence other altcoins, offering arbitrage opportunities in pairs like XRP/BTC or XRP/ETH, where volume spikes could lead to profitable swings.

From a broader trading perspective, XRP's rebound highlights the importance of monitoring whale transactions and address growth as leading indicators. Institutional flows into XRP could further propel the price, especially if global crypto sentiment improves. Traders should watch for key support at $1.40 and resistance at $1.55, with potential breakout scenarios if daily closes remain above recent highs. This event underscores how panic selling often precedes major reversals, rewarding those who analyze on-chain data rather than reacting to short-term volatility.

In terms of market implications, this XRP price movement could ripple into stock markets, particularly fintech stocks tied to blockchain technology, creating indirect trading opportunities for crypto enthusiasts. Overall, with these strong signals, XRP presents compelling trading setups for both short-term scalpers and long-term holders aiming to capitalize on the rebound.