đ XRP Primed for 60% Surge: The Best Crypto to Buy Today?
XRP bulls are licking their chops as technical indicators flash a potential 60% breakoutâjust as Wall Street 'experts' pivot from calling crypto a bubble to quietly rebalancing their portfolios.
The Setup: After months of sideways action, XRP's chart patterns now mirror its pre-bull run behavior from late 2023. Trading volume spiked 40% overnight as whales accumulated positions.
Why It Matters: A clean breakout above the $0.75 resistance level would confirm the rallyâand likely trigger FOMO among institutions still waiting for 'regulatory clarity' (read: permission to chase returns).
The Catch: This isn't 2021's meme-stock madness. Real adoption metricsâcross-border payment flows through RippleNet grew 210% YoYâare finally catching up to the hype.
Will XRP deliver? Either way, hedge funds win: they'll profit from the pump or scoop cheap coins after the 'overleveraged retail traders' get liquidated. Classic.
Chart Breakout: Rare Base Paves the Way Up
On the XRP/USDT weekly chart, Brandt notes a âhighly rare continuation compound fulcrumâ, a complex base made of successive failed breakdowns and consolidations. That structure often precedes sharp upward moves when support holds.Â
Here, a drop below ~$1.80 WOULD shake confidence, but a sustained breakout points toward a move to the $4.40â$4.47 zone â roughly a 60% upside. Technical targets align with some analysts expecting $4.35â$4.40 by monthâend.
Whale Surge & OnâChain Strength
Onâchain data reveals wallets holding overâŻ1âŻmillionâŻXRP have surged to record highs, controlling roughly 47.3âŻbillion coins, up ~2.2âŻbillion since early July. That kind of accumulation by large investors often sets the stage for megaâmoves.Â
The Net Unrealized ProfitâLoss (NUPL) shows XRP is in a âbeliefâdenialâ phase â holding firm without panic selling â suggesting a healthier rally ahead.
ETF Buzz & Macro Tailwinds
The upcoming ProShares XRP futures ETF (launching July 18) and speculation around a spot ETF has sparked optimism. Some market analysts even put the odds of approval by year-end at ~98%.
Meanwhile, Bitcoin staying above $110Kâ$120K is driving capital into altcoins, supporting XRPâs momentum.
Conclusion
XRPâs rare technical base, whale accumulation, ETF momentum, and broader altcoin season signals create a compelling case. If support holds above ~$2.80â3.20, the path to $4â5 could be clear â a ~60% rally from current ~$2.95 levels.Â
Just note: a drop below ~$1.80 would invalidate this bullish setup. For investors exploring the best crypto to buy today, XRPâs current convergence of chart, chain, and macro factors makes it a top contender.
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