XRP Bulls Eye $2.50 as Technical Indicators Flash Buy Signals

Ripple’s XRP surges toward a potential $2.50 breakout—charts align for a bullish run as traders pile in.

Key indicators turn green: The 50-day SMA crosses above the 200-day, RSI holds steady at 65, and trading volume spikes 40% overnight. Classic pump setup—or just another fakeout before the usual ’institutional whales’ dump their bags?

If resistance at $1.80 cracks, the path clears for a retest of 2021 highs. But let’s see if the ’fundamentals’ matter this time—or if it’s just another algo-driven casino spin.

In brief

• XRP remains above the 50 and 100 EMA, confirming its upward trend.
• Whales have purchased 900 million XRP in one month.
• The XRP spot ETF now has an 85% chance of approval.

The technical structure fuels momentum

Technical signals are piling up in favor of. The price remains firmly anchored above the 50 and 100-day exponential moving averages (EMAs), indicating. Theshow compression, often a prelude to increased volatility. Thehas been in positive territory since April 12, reinforcing the bullish sentiment.

#XRP’s Bollinger Bands are tightening! We all know what that means…

Chart patterns such as a descending wedge and an inverse “head and shoulders” are emerging, suggesting. Immediate targets are at $2.50 and $2.80, with a major target at $3.40, corresponding to the year’s high.

XRP whales charge, pressure builds

The activity of major investors, or ““, is particularly notable. Over the past month,by wallets holding between 10 and 100 million tokens, representing a value close to. This massive accumulation behavior is often observed before significant bullish moves.

This sustained buying pressure, thereby consolidating the current support. The growing interest of whales in XRP reflects renewed confidence in the token’s potential, especially in anticipation of major upcoming events.

XRP ETF approaching and institutional ambitions

Optimism about theis rising. Since Paul Atkins was appointed head of the SEC, approval chances have increasedin two months, according to Bloomberg analysts and Polymarket bettors. This outlook attracts institutional investors’ attention, anticipating an influx of capital into XRP.

Additionally,, Ripple’s stablecoin, is experiencing notable growth, with. Standard Chartered foresees a scenario where XRP could sextuple its current value, reaching a market cap of over $600 billion. An ETF approval could bring up to $8 billion in inflows within the first year.

• RLUSD reaches a market cap of $330 million;
• XRP could capture 5% of the stablecoin market;
• An XRP ETF would attract $8 billion in the first year;
• Long-term target: $600 billion market cap.

Between favorable technical signals, strategic accumulation by whales, and encouraging regulatory prospects, XRP seems ready to reach new heights. This renewed interest in XRP fits into a broader context of crypto market dynamism, illustrated by Bitcoin’s recent surpassing of $97,000, bringing it closer to the symbolic $100,000 mark.

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