XRP Accumulation Reported as Analyst Flags Institutional Dark Pool Activity

• Analyst Jake Claver claims XRP is being quietly accumulated through institutional dark pools.
• XRP has respected key Fibonacci support zones at $2.07 and $1.93 after pullback.
• MACD remains bullish as RSI stays just under overbought zone near 59.

XRP’s price has remained frustratingly stagnant despite increasing regulatory clarity, rising institutional involvement, and a steady expansion of real-world use cases. But according to Jake Claver, Managing Director of Digital Ascension Group, this range-bound movement may be hiding a brewing storm.

In a recent thread on X, Claver highlighted the role of dark pools — private markets where large crypto transactions occur off-exchange — as a hidden force behind XRP’s sideways action. 

According to Claver, the rise of dark pools in crypto is “kind of a double-edged sword.” He further explained:

“They hide bullish momentum and drag prices down short term, but long term, they build the perfect setup: hidden accumulation, tightening supply, and eventually… the dam bursts.”

Related: Fresh Altcoin Rally Builds With Ethereum, XRP, Solana Leading Breakout Signals

Dark Pools May Be Fueling Stealth XRP Accumulation

Claver argues that major institutions – including hedge funds, family offices, and even nation states – are quietly loading up on XRP without triggering retail attention. 

Platforms like Coinbase and Kraken have already launched institutional trading services, enabling large players to scoop up tokens silently. Claver warned that currently, “XRP could be getting heavily suppressed.” 

He noted that during such scenarios, even die-hard believers start doubting. But if investors hang tight, they might just catch what comes next, said the executive.

XRP Technical Analysis: Quiet Before the Breakout?

On the technical front, XRP is hovering near $2.27 after pulling back slightly from a recent high of $2.2465. A closer look at the daily chart using Fibonacci retracement levels (from $1.6171 to $2.2465) reveals key zones of interest:

• 0.382 Fib: ~$2.07; support already tested and respected.
• 0.5 Fib: ~$1.93; held firmly as bottom range support.
• 0.618 Fib: ~$1.85; deeper pullback zone if selling pressure returns.
• 0.786 Fib: ~$1.75; last-stand bullish support before trend flips bearish.

So far, XRP has respected the 0.382 and 0.5 Fib levels, bouncing sharply, which indicates that bulls are defending these zones aggressively. That bounce is now being followed by consolidation – the “boring” part Claver discussed

Source: TradingView

Related: XRP Holds $2.20 Support as April 30 Nears – ETF Buzz Fades, Traders Eye Next Move

On the other hand, the Relative Strength Index (RSI) currently sits near 59, just below the overbought threshold. Meanwhile, the MACD (Moving Average Convergence Divergence) remains bullish, with the MACD line (blue) moving above the signal line (orange) and histogram bars flipping green.