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XRP Primed for Explosive Rally—Or Just Another Crypto Mirage?

XRP Primed for Explosive Rally—Or Just Another Crypto Mirage?

Author:
Coingape
Published:
2025-05-06 07:23:55
9
1

Ripple’s embattled token shows bullish signals as whales accumulate—but can it break free from SEC shackles and trader PTSD?

Technical breakout or dead cat bounce? The charts hint at momentum, yet XRP remains the crypto world’s most frustrating ’sure thing.’

Meanwhile, Wall Street bankers clutch pearls at the volatility—between martini lunches and insider trading, naturally.

XRP is holding steady around, showing resilience despite a minor 0.3% weekly dip. This stability might be the calm before a major price surge. On lower timeframes, XRP continues to form bullish price structures with higher highs and higher lows, keeping traders on alert. While a decisive breakout hasn’t occurred yet, several key signals suggest growing upside momentum.

Technical Levels to Watch

Crypto analyst Fabio Zuccara has identified a symmetrical triangle pattern on the XRP chart—often a precursor to sharp price moves. The token currently trades just above its 20-day Simple Moving Average (SMA) at, while facing resistance at the 50-day Exponential Moving Average (EMA) near.

A breakout above the EMA resistance could push XRP toward,, and possibly beyond. However, failure to break out might lead to a retest of support ator even.

Whale Accumulation Suggests Confidence

On-chain data indicates strong institutional interest. Over 200 million XRP were added last week to wallets holding between 10 million and 100 million tokens. A notable whale transaction involved 29.5 million XRP (worth over $64 million) moved to.

, senior analyst at, stated,

“This volume is not retail-driven. It reflects informed buyers anticipating a significant price movement.”

XRP ETF Speculation Fuels Market Optimism

Speculation around a potentialis intensifying. Analysts currently estimate an. 

, ETF strategist atsaid : 

“ETF anticipation alone can drive FOMO-led rallies,” especially when combined with technical strength and whale accumulation.

An ETF approval would mark a significant regulatory milestone for Ripple and the broader altcoin market.

Long-Term XRP Price Prediction

Crypto analyst Dark Defender believes XRP is in the final phase of a fifth wave Elliott structure, expecting a move toward $3, followed by potential targets at $4.40 and $6.30, as long as XRP stays above $2.00. Immediate key support lies at $1.88.With bullish technical patterns, rising institutional interest, and ETF Optimism aligning, all eyes are now on whether XRP can break above the $2.208 resistance. The next move could define XRP’s momentum for the weeks ahead.

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