XRP Primed for Explosive Rally? Top Analyst Spots 4 Bullish Triggers

XRP traders, buckle up—this sleeping giant might be waking up.

Four technical signals suggest Ripple's native token could be gearing up for a major move. While most altcoins flail, XRP's chart is flashing green where it counts.

First: The monthly MACD just crossed bullish for the first time since 2021. Second: Exchange reserves are drying up—fewer tokens available to sell. Third: Whale accumulation patterns mirror early 2023's 300% rally. Fourth: That stubborn $0.55 resistance? About to become history.

Of course, in crypto-land, 'analyst predictions' and 'reality' often have a Wall Street-esque relationship—occasionally coinciding by accident. But this time? The stars might actually align.

Early holders cash out, but XRP remains resilient

XRP had a volatile Q2. It dropped hard to $1.61, then bounced 40%, only to land right back NEAR $2.19, where it started the quarter. But under the surface, the structure is far more telling.

Even during the $1.61 dip, over 80% of XRP’s circulating supply remained in profit. It is a clear signal that most holders entered the trade during the November accumulation phase.

That means these holders are now sitting on 300%+ unrealized gains.

Glassnode data shows profit-taking peaked in early June at $68.8 million per day, confirming some of these early buyers are beginning to exit into strength. Yet the market structure hasn’t broken down.

XRP has tested the $2.00 level four times since May, and each time, buyers stepped in. In fact, the altcoin has been making higher lows from April and lower highs from May, forming a symmetrical triangle. 

Source: TradingView (XRP/USDT)

Add to that the Bollinger Bands tightening up, and it’s clear volatility is drying up, which usually means a big MOVE is coming.

In short, the technicals suggest this may be an accumulation phase rather than a distribution top.

And that brings us to the fourth and final point, one that makes XRP’s consolidation appear less driven by “hype” and more by strategic positioning.

Leverage positioning points to controlled risk

As mentioned earlier, XRP is showing signs of strength under the hood. The $2.00 level has acted as solid support, despite the recent profit-taking. 

But interestingly, that liquidity isn’t rushing into Leveraged positions. Open Interest has stayed relatively flat in the $3-$5 billion range, nowhere near the overheated levels last seen back in November.

Source: Coinglass

That’s actually a positive signal. With no signs of reckless long exposure, this consolidation phase looks more like steady accumulation than speculative hype.

Plus, with profit-taking already peaking earlier this month, the market may have just dodged a deeper flush. If sentiment flips, the $2 zone may not just be a floor. Instead, it could be the launchpad for XRP’s next breakout.