XRP Poised for Breakout Beyond $3 Following Short-Term Correction, Analyst Predicts
Despite recent resistance at $2.25, XRP is showing signs of bullish momentum, with analysts predicting a significant rally post-correction. Here’s a detailed look at the current trends and future projections for XRP.
Analyst Foresees XRP Rally Beyond $3 After Short-Term Correction
XRP’s price action in early May suggests a brewing bullish momentum despite recent resistance at $2.25. Currently trading at $2.20, the asset shows modest gains of 0.02% daily and 4% monthly. Crypto analyst CasiTrades interprets the rejection as part of an Elliott Wave correction phase, preceding a potential breakout.
The 4-hour chart reveals a failed breakout attempt after XRP breached its long-term downtrend in April, peaking near $2.27. market watchers now anticipate a downward move below $2 before the projected ascent toward $3+ territory. Such technical patterns often signal accumulation periods before decisive rallies in volatile crypto markets.
XRP Whales Accumulate $900M Amid Market Speculation
Ripple’s XRP has drawn significant attention as large-scale investors, commonly referred to as whales, aggressively accumulated approximately 900 million tokens over the past month. This $900 million buying spree signals strong institutional confidence in XRP’s future prospects, fueling speculation of an impending rally.
Market dynamics remain volatile. April 2025 saw XRP price fluctuations amid regulatory uncertainty surrounding the potential appointment of a new SEC chair. Simultaneously, rumors of an XRP ETF introduction created temporary bullish sentiment, though delayed SEC decisions have left the market in limbo. Despite these headwinds, XRP has demonstrated notable price appreciation.
Ripple Diverges from Scheduled XRP Unlocks with $2.2 Billion Escrow Release
Ripple disrupted its established XRP distribution pattern with an unscheduled release of 1 billion tokens from escrow on May 3, 2025. The blockchain-based payment company executed three transactions—500 million, 300 million, and 200 million XRP—deviating from its monthly unlock cadence maintained since 2017.
Market participants noted the timing discrepancy as the transactions coincided with XRP trading NEAR $2.20, valuing the release at approximately $2.2 billion. The move raises questions about Ripple’s treasury management strategy amid ongoing regulatory scrutiny of its XRP holdings.
Ripple CLO Reveals Why The SEC Agreed To Drop XRP Case After Four Years
Ripple’s Chief Legal Officer Stuart Alderoty has scrutinized the SEC’s approach to cryptocurrency enforcement following the agency’s decision to drop its appeal against the company. The move signals a broader retreat by the regulator, which has begun stepping back from similar actions against other crypto firms.
Alderoty attributes this shift to the SEC’s failure to establish clear regulatory guidelines. "We never had proper rules for crypto in this country," he said. The lack of defined parameters has left the industry in limbo, prompting calls for Congress to enact coherent legislation.
Ripple Shifts Focus to Stablecoins with RLUSD Launch and Eyes Circle Acquisition
Ripple, one of crypto’s pioneering projects since 2012, is pivoting decisively toward stablecoins after struggling to establish XRP as a mainstream payment solution. The company’s recently launched RLUSD stablecoin holds a modest $316 million market cap, suggesting distribution challenges despite Ripple’s substantial treasury of 4.4 billion XRP tokens.
The firm’s strategic shift comes amid reports of acquisition talks with Circle, potentially accelerating its stablecoin ambitions. Ripple’s move mirrors broader industry trends where established blockchain projects diversify beyond native tokens to capture institutional demand for dollar-pegged assets.
Ripple vs SEC Lawsuit Officially Ends—Is an XRP ETF Next?
The U.S. crypto industry is poised for a transformative phase as the protracted legal battle between Ripple and the SEC reaches its conclusion. Stuart Alderoty, Ripple’s Chief Legal Officer, confirmed the SEC has dropped all remaining charges, marking a definitive end to the case. The withdrawal of the final appeal in March 2025 closes a chapter of regulatory uncertainty that has loomed over the sector.
Market observers now speculate whether this resolution could pave the way for an XRP ETF, a development that would signal broader institutional acceptance. The clarity emerging from this settlement may accelerate efforts to establish coherent regulatory frameworks for digital assets.
