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Jakarta, Pintu News – Momentum for Ripple (XRP) seems to be building significant strength. With institutional support increasing and on-chain data showing massive activity from whales, XRP is gearing up for an unprecedented surge.
Technical analysis and predictions from experts suggest that we may witness a dramatic price increase. Here are some factors that support this optimistic prediction.
Check out the full information below!
Recently, a whale deposited $5.84 million in Tether (USDT) into HyperLiquid to open a 2x leveraged long position on Ripple (XRP). This is a strong indication that large investors have faith in Ripple’s (XRP) upside potential.
The whale has previously succeeded with a similar strategy on Ethereum (ETH), where it currently has a floating profit of over $10 million. This confidence adds to the optimism in the market towards Ripple (XRP).
Crypto analyst Lark Davis highlights the formation of a bullish triangle pattern on the Ripple (XRP) chart, with a breakout target of around $4.40. This projection is supported by Fibonacci levels drawn from the January peak to the April bottom, adding more evidence for bullish sentiment.
Michaël van de Poppe also noted that Ripple (XRP) has risen 50% since bouncing off the key support level of $1.75, which he identified as a strong entry zone.
Read also: Will Altcoin Season Start in May 2025?
According to analyst Cobb, who has held Ripple (XRP) since 2017, 2025 will be a watershed year. Cobb emphasized that the 27-week consolidation structure built by Ripple (XRP) is unlikely to simply return to the $0.60 price.
He dismissed tariff-related concerns and highlighted the potential for a future pro-crypto administration, regulatory clarity from the FDIC, and aggressive acquisitions by Ripple, including a potential partnership with Circle.
With support from RLUSD, growth of TVL meme coin, and increasing real-world integration, the Ripple (XRP) ecosystem seems poised for parabolic growth.
Cobb’s minimum target is $11.34 by the end of the year, with even higher price expectations. This shows great potential for long-term investors and market speculators.
Also read: 5 Altcoins that Crypto Whales Are Buying After the US-China Trade Deal!
With all these positive indicators, many are wondering when exactly Ripple (XRP) will hit an all-time high price. Based on current trend analysis and growing support, it wouldn’t be surprising if Ripple (XRP) reaches a new record in the near future.
This momentum is backed by heavy investment and solid technical analysis. Advice for Market Watchers: For those following the price development of Ripple (XRP), it is important to pay attention to the support and resistance levels that have been determined by analysts.
Monitoring the big moves of the whales and changes in institutional adoption will also be key to understanding the next direction of the market.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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