After failing to break past $2.75** this week, the XRP price has faced selling pressure while finding support around **$2.40. The rally cools off following a 90% weekly gain and a four-week streak of 440% growth. Investors now wonder: Where is XRP heading next?
Current XRP Price Rally Trends
With 440% monthly gains, this marks one of the longest XRP rallies in nearly eight years. Analysts note the current bullish streak has lasted 4 weeks and 2 days, with optimism for a fifth consecutive week.
"Maybe this time we can make it to 5 weeks before the red candle comes."
— Income Sharks, Market Analyst
Key Analyst Predictions
CrediBULL Crypto forecasts another 100% surge, targeting $4.21.
- XRP is in the third subwave of a larger bullish structure.
- Two more waves could push XRP past its all-time high (ATH).
Dismissing Top Calls:
- "The ascent is going to be pure mania."
👉 Explore XRP's potential breakout
Whale Activity Fuels Rally
- 160M XRP ($380M) bought by whales last weekend.
- Wallets holding 1M–10M XRP added 679.1M XRP ($1.66B) in 3 weeks.
- Non-empty XRP wallets surpassed 5.5M—a record high.
Ripple’s XRP Unlocks: Myth vs. Reality
Ripple recently unlocked 1B XRP but relocked 770M XRP for 5 years. Analysts debunk the "dump" narrative:
"Anyone still pushing this narrative is willfully ignorant."
XRP Market Data
- Price: $2.73 (+12.67%)
- Market Cap: $155B
- Trading Volume: $4B (+54%)
- Open Interest: $4.35B (+4%)
FAQs
Q1: How high can XRP go?
A1: Analysts project $4.21 if the bullish structure holds.
Q2: Is whale activity increasing?
A2: Yes—160M XRP bought recently, signaling strong accumulation.
Q3: Why does Ripple unlock XRP?
A3: Most unlocked XRP is relocked; "dumping" claims are overstated.
Q4: What’s driving XRP’s volume surge?
A4: Whale purchases and broader crypto market optimism.
Related Crypto Updates
- Bitcoin whale moves $2.1B BTC after 14 years.
- Ripple mints 16M RLUSD stablecoin.
- BlackRock’s IBIT Bitcoin ETF hits top 3 profitable funds.
Investment Disclaimer: Conduct your own research before investing. Prices are volatile.