XRP Price Prediction: Whale Accumulation Signals Potential $3 Breakout in May
XRP is showing renewed volatility after a significant surge during November’s bull run, with current consolidation NEAR $2.00. On-chain activity indicates whale accumulation, sparking speculation of a potential breakout to $3 this month. Meanwhile, Remittix emerges as a notable player in cross-border payments, securing $14.5 million in presale funding.
XRP Price Prediction: Whales Accumulate as $3 Breakout Potential Looms in May
XRP exhibits renewed volatility after a 500% surge during November’s bull run, now consolidating near $2.00. On-chain activity suggests whale accumulation, fueling speculation of a potential $3 breakout this month.
Meanwhile, Remittix emerges as a dark horse in cross-border payments, securing $14.5 million in presale funding. The PayFi solution bypasses crypto wallets entirely, depositing funds directly into fiat accounts—a frictionless approach gaining traction among traditional users.
Analyst Predicts XRP Price Could Hit $100, Here’s Why
Market cap misconceptions are clouding XRP’s potential, according to analyst All Things XRP. The digital asset could theoretically reach $100 despite circulating supply concerns—market capitalization reflects price dynamics, not limitations.
Comparing crypto valuation to real estate, the analyst dismantles flawed logic: Just as luxury homes transcend average property values, individual cryptocurrencies can defy simplistic market cap calculations. Liquidity remains XRP’s strongest competitive advantage in this scenario.
Ripple President Monica Long Stuns XRP Army with Product Advancement Updates
Monica Long, President of Ripple Labs Inc, has ignited fresh enthusiasm in the XRP community with updates on the company’s expansion and recent acquisitions. XRP continues to show steady price gains as institutional adoption grows.
Ripple’s strategic acquisition of Hidden Road, a prime brokerage firm handling over $3 trillion annually, marks a significant infrastructure boost. The $1.25 billion deal underscores Ripple’s commitment to strengthening its global payments network.
CME to Launch XRP Futures in May, Fueling Bullish Sentiment
XRP’s market structure remains bullish as CME Group prepares to introduce Ripple futures contracts in May, a move expected to accelerate institutional adoption. The cryptocurrency currently trades at $2.18, demonstrating resilience with a 6.27% weekly gain despite a 9.23% dip in trading volumes to $4.27 billion.
Technical indicators reinforce positive momentum, with the Relative Strength Index holding at 63.33. Legal clarity surrounding Ripple and expanding global partnerships continue to bolster XRP’s fundamental case, while price action maintains firm support above the $2.08 level.
