BREAKING: XRP Price Rallies 27% As Ripple Secures Major Win In SEC Lawsuit

In just one hour, the XRP price rallied 27% to a one-week high of $0.6406 on Wednesday after Judge Analisa Torres ordered Ripple Labs to pay only $125 million of the $2 billion fine sought by the US Securities and Exchange Commission (SEC) against the blockchain payments company after a four-year legal battle.  Ripple’s Legal Victory In the ruling, the court, applying a test derived from the Supreme Court, determined that Ripple’s Institutional Sales constituted offers or sales of investment contracts.  However, the Court differentiated Ripple’s Programmatic Sales and Other Distributions, finding that they did not fall into this category. Additionally, the Court clarified that the individual sales conducted by Ripple co-founders Chris Larsen and Brad Garlinghouse did not qualify as offers or sales of investment contracts for reasons akin to those outlined for Ripple’s Programmatic Sales. Related Reading: Bitcoin Funding Rates Turn Negative: Shorts Turn To Get Squeezed? When deliberating on the penalty, the Court concluded that a first-tier penalty was fitting in this instance, noting the absence of allegations related to fraud, deceit, or manipulation, along with the lack of established deliberate or reckless disregard for regulatory requirements.  Moreover, the Court noted that the SEC had not proven that Ripple’s failure to register the Institutional Sales resulted in significant losses or risks to investors.  Consequently, the SEC’s motion for remedies and the entry of final judgment were partially granted and partially denied. The Court’s decision mandates an injunction against Ripple to prevent future securities law violations and imposes a civil penalty amounting exactly to $125,035,150. In this regard, Ripple CEO Brad Garlinghouse stated that the court reduced the $2 billion penalty sought by the SEC by 94%, recognizing that the SEC had “overplayed their hand”. Garlinghouse further stated, This is a victory for Ripple, the industry and the rule of law. The SECs headwinds against the whole of the XRP community are gone.  XRP Price Predictions Point To Mega Bull Run With XRP not considered a security by the court, the tokens price saw one of its best rallies of the year in a matter of hours, surpassing Monday’s pre-market crash price resulting from global economic uncertainty.  Related Reading: Analyst Says Bitcoin Bottom Is Not In, Will Price Crash Below $50,000 Again? Further demonstrating the bullishness of this development, crypto analyst CrediBULL contends that now that Ripple secured this win, the stage is now set for an inevitable mega run for the XRP price. Another analyst under the pseudonym “360 Trader” on social media platform X, also claimed that now the XRP’s “chains are off,” arguing that the XRP price will fly this cycle with a target ranging between $4 and $8.  Featured image from DALL-E, chart from TradingView.com

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Mondays Crypto Leaderboard: BNB And XRP Surge Past Market Leaders

In a significant development, two of the top 10 cryptocurrencies on the market, Binance Coin (BNB) and XRP, have emerged as the outperformers this Monday, overshadowing the gains of industry leaders Bitcoin (BTC) and Ethereum (ETH). XRP Price Analysis XRP, the token associated with the blockchain company Ripple, has taken the lead among the top [...]

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XRP Skyrockets 40% As Speculation Of Ripple-SEC Settlement Gains Momentum

XRP, at the center of a high-stakes legal battle with significant implications for the industry, has taken the lead in the recent surge in crypto prices amid growing speculation that Ripple, the blockchain payments company behind XRP, may be close to a settlement with US regulators. Ripple-SEC Legal Dispute Continues Over the past week, XRP has experienced a substantial rally of over 40%, reaching a current trading price of $0.6161. This marks the highest level XRP has reached since April, while the overall market has seen a more modest increase of around 12% during the same period. The legal dispute stems from a lawsuit filed by the US Securities and Exchange Commission (SEC) against Ripple Labs in 2020. The SEC alleged that Ripple violated its rules by conducting an unregistered securities offering through the sale of XRP.  In a blow to the SEC, a US District Judge ruled in July last year that the sale of XRP to retail investors on exchanges did not constitute investment contracts. Related Reading: Silicon Valley Using Trump For A Bitcoin Pump Play? Mark Cuban Weighs In Adding fuel to the speculation is a “closed meeting” on the SEC’s website scheduled for July 18.. Although an SEC spokesperson declined to comment, investors and traders interpret this as a potential development in the status of XRP.  However, former SEC lawyer Marc Fagel dismissed rumors of an imminent settlement between the SEC and Ripple, stating that closed-door meetings of this nature have been routine since the lawsuit was filed.  Pro-XRP lawyer Fred Rispoli also weighed in, expressing skepticism about the likelihood of a pre-judgment settlement. While negotiations on outstanding arguments are possible, Rispoli added that a resolution before the court’s ruling seems unlikely.  Rispoli speculates that Judge Analisa Torres will order a penalty of less than $25 million and no disgorgement against Ripple, contrasting with the SEC’s request for a $102.6 million fine. Ripple, on the other hand, has proposed a penalty of $10 million. XRP Price Breakout, Analyst Anticipates Tremendous Gains With the XRP price hitting a 4-month high after a sharp downtrend, crypto analyst Dark Defender has stated that the token could be on its way to explosive gains if one key level is breached during the current rally. In a social media post, Dark Defender highlighted that XRP has entered the qualification mode by rebounding from the last frontier at $0.3917.  According to Dark Defender, if XRP manages to rise above $0.6649, it could embark on a journey towards the $18 to $36 price range, meaning a 2810% jump to the former and a potential 5740% rise to the latter. Related Reading: $174 In Sight: Analyst Projects Major Surge For Solana (SOL) In addition, the token has crossed its 200-day exponential moving average (EMA), marked by the yellow line on the daily XRP/USD chart, which was previously a notable resistance wall.  If consolidation above its 200-day EMA occurs, further price appreciation could be seen as trading above it has always resulted in notable gains for the XRP price, as seen in the chart below.  Featured image from DALL-E, chart from TradingView.com

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XRP Price Eyes Colossal 280% Breakout Amid CME Group Partnership

The XRP price has outperformed its peers among the top ten largest cryptocurrencies on the market, experiencing a significant surge of 13.5% in the past week alone after experiencing a sustained decline from its yearly high of $0.745 in March.  With an eye on a key Fibonacci level, the eighth largest cryptocurrency by market capitalization, currently valued at $26 billion, is poised for a potential price explosion that could send the XRP price to new yearly highs, coupled with a bullish announcement surrounding the token’s rise since Thursday.  XRP Becomes Bridge Asset In $1.2 Trillion Market CoinGecko data shows a notable increase of 50% in trading volume over the past few days, demonstrating the renewed bullish sentiment surrounding the XRP price, along with a significant collaboration announcement with the world’s largest derivatives marketplace, CME Group, which has further strengthened XRP’s position in the market. Related Reading: Litecoin Is A Hub Of Whales: Over $2.85 Billion Of $100,000 Transactions Processed On Thursday, CME Group made a major announcement, revealing that starting July 29, the CME and XRP dollar reference rates and real-time indices will be included in its suite of benchmarks, positioning the token as a bridge asset in a market worth approximately $1.2 trillion. The XRP price has benefited from this announcement, as transparent pricing information is likely to increase liquidity, making it easier for investors to buy and sell XRP tokens, resulting in the current price surge of 4% witnessed in the 24-hour time frame.  Additionally, this collaboration may open new doors for creating financial products, such as futures and options based on XRP, providing holders with additional ways to manage risks and maximize their investments. Brad Garlinghouse, CEO of blockchain payments company Ripple, which is closely associated with XRP, expressed his enthusiasm for the collaboration, emphasizing the importance of having a trusted benchmark reference rate as a critical step in adopting institutional crypto products.  Garlinghouse praised the joint effort between CME Group and CFBenchmarks to create an XRP index, noting that the market has validated the need for such initiatives. Ripples CEO stated: First step towards institutional crypto products is to have a trusted benchmark reference rate. Nice to see CME Group and CF Benchmarks collaborate on this for an XRP index. The market has spoken. XRP Price Eyes $1.8  In addition to the news, technical analysis points to further upside for the XRP price if certain conditions are met. Crypto analyst Dark Defender recently noted in a social media post that XRP is testing the $0.462 Fibonacci level, which is key to the token’s prospects and expectations for the continuation of the uptrend. The analyst also spotted two bullish divergences in the price and the Relative Strength Index (RSI) numbers as they made higher lows on the weekly XRP/USD chart. This led Dark Defender to believe that if the XRP price breaks and consolidates above this level from today until Sunday, the cryptocurrency could begin a journey towards the $1.88 level, representing a 288% price increase from the current trading level of $0.465.  Related Reading: Spot Ethereum ETFs FOMO: Tron Founder Justin Sun Drops $5 Million On ETH Featured image from DALL-E, chart from TradingView.com

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XRP Price Set For Colossal 63,000% Breakout As Ripple Secures Crucial Partnership In Europe

In a market witnessing a strong bullish momentum with several cryptos reaching new all-time highs and experiencing price recoveries, the XRP price has remained in a consolidation phase for the past two months after a brief surge in March that took it to its yearly high of $0.7430.  However, recent positive developments and announcements surrounding [...]

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Why Is XRP Up Today? Key Reasons Revealed

In a single New-York trading day, XRP surged almost 10%, mirroring a ferocious bid across the entire digital-asset complex and closing Thursday, 8 May at its highest mark in roughly two weeks. Analysts trace the rally to a cocktail of macro relief, order-book mechanics and renewed alt-season positioningfactors that coincided in a narrow window and magnified one another. Why Is XRP Up Today? The initial spark came from macro headlines. News of a fresh trade accord between Washington and London tempered fears of escalating tariffs, while word of forthcoming minister-level talks between US and Chinese officials signalled a potential thaw in the worlds most consequential bilateral trade standoff. The calmer outlook flipped global-macro desks into a risk-on stance just as New York opened, and Bitcoin responded first, catapulting through the psychologically loaded $100,000 handle on a strong spot demand. The vertical move forced short sellers to buy back exposure; that short squeeze, by definition self-reinforcing, spilled rapidly into major altcoins and lifted XRP alongside the broader tape. Related Reading: VWAPs Dont LieXRP Faces Judgment Day At Monthly Support On-chain flow data added a powerful regional twist. Crypto-market analyst Dom (@traderview2) noted that the South-Korean exchange Upbithistorically an XRP bellwetherflipped from net seller to aggressive accumulator in less than forty-eight hours. Finally Upbit market changed their tune and are the strongest buyers over the last 24 hours, he posted to X, specifying that Binance followed closely with a net 9 million XRP absorbed. We are seeing the strongest taste of aggressive market buying that we have seen in over a week. Key is to see it continue. The volte-face was striking because only 6 May the same commentator had tallied 220 million XRP in cumulative net sales on the KRW pair since 11 Aprilroughly $500 million of distribution. The reversal underscores how swiftly sentiment can shift when liquidity concentrates in a handful of regional venues. Technicians, meanwhile, drew attention to inter-market breadth. Bitcoin dominance, a gauge that measures the flagship tokens share of total crypto market capitalization, slipped from 65.38% to 64.43%its sharpest single-day contraction in weeks and a classic tell that capital is rotating into altcoins. Related Reading: XRP Price Repeating History? 2017-Like Rally To Send Price To $10 Dom mapped the shift onto higher-time-frame structure, writing that TOTAL, the total market cap of crypto, has just hit its uptrend it has held over the last 18 months [] This also coincides with the POC of the volume profile since late 2023. Point of Control (POC) levels are where the largest amount of volume has historically traded; rebounds from such nodes often act as springboards. In a follow-up post he added, $TOTAL has regained its 2021 highsyes, all you needed to do was bid the apex of support and the multi-year uptrend. The same pivot is visible on XRPs own chart. Dom highlighted that bulls just breached the quarterly VWAP for the first time in 50 days If it can hold as support, I am looking at the ATH VWAP as the next stop (US $2.47). While that target lies some distance above Thursdays closing price, the break of a multi-week volume-weighted average price is, in technician parlance, a changing-of-the-guard signal that often forces trend-following algorithms to flip long. At press time, XRP traded at $2.31. Featured image created with DALL.E, chart from TradingView.com

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From Consolidation to Breakout: XRP Breakout Clears $2.26 Hurdle, Bulls Now Target $2.52

XRP is showing renewed bullish momentum after reclaiming the $2.26 level, signaling a potential reversal from recent consolidation. As of writing, XRP is trading at $2.26, marking a breakout above the descending triangle pattern that had capped the assets upside in late April. The overall market is in a bullish phase with Bitcoin’s recent surge. […]

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VWAPs Dont LieXRP Faces Judgment Day At Monthly Support

XRP is drifting back to the lower boundary of a five-month trading range, yet the higher-time-frame structure remains intact, according to a daily chart published on May 7 by analyst Dom (@traderview2). The chart covers late-December 2024 through the first week of May 2025 and shows XRP after breaking above a descending trend line that originates at the January 16 high near $3.40. XRP Is ‘Holding Strong’ Doms analysis hinges on a trio of anchored Volume-Weighted Average Prices, or VWAPs, which are plotted as adaptive bands on the chart. VWAP represents the average price of an asset over a specified period, weighted by trading volume; in essence it tells traders the level at which the bulk of transactions have occurred. Because large institutional desks often benchmark execution quality against VWAP, the line tends to act as dynamic support or resistance when price retests it. When the anchor point is shiftedfrom the start of the month, quarter or year, for exampleeach VWAP offers a lens on how supply-and-demand has evolved over that discrete window. Related Reading: Analyst Says These Factors Will Drive XRP Price To $1,000, But What Does Market Cap Say? The cyan line marks the quarterly anchored VWAP, currently situated at $2.2796, a level that rejected price last week and precipitated the ongoing pullback. The orange line denotes the monthly VWAP, now at $2.0574, and price is hovering just above it; Dom sketches a curved route suggesting that a constructive bounce here could propel XRP back toward the mid-$2.20s. Below, a green ribbon captures the yearly anchored VWAP at $1.8731, flanked by its standard-deviation envelopes at $1.7863 and $1.6996. The April 7 capitulation wick bottomed precisely into that yearly mean before snapping higher, underscoring its significance as a structural foothold. The VWAPs continue to play perfect, local low was yearly VWAP, rejection last week was off quarterly VWAP and now we are heading to retest the monthly VWAP, Dom states. The Key Support Zone Horizontal action is equally telling. Since early December the market has ranged between roughly $1.94 and $2.05, a zone highlighted on the chart by a grey rectangle and six green arrows flagging prior deflections. Dom characterises the present retreat as a healthy retest of that floor; only a decisive daily close below the band would tilt the bias decisively bearish. Related Reading: Crypto Analyst Predicts How High XRP Could Soar If Bitcoin Hits $250,000 Until then, XRP is, in his words, already strong relative to other large-capitalisation altcoins that have broken comparable ranges, even though it is temporarily exhibiting weakness versus a surging Bitcoin dominance index. XRP is still holding its range from Dec (no other large cap is anywhere near that) so it’s already been strong while others just bled. BTC.D is on a terror run and BTC is just dominating the flows, Dom writes via X. Technicians will focus on two intersecting signposts over the coming sessions: whether bulls can defend the $2.00 handle and whether the monthly VWAP can again flip from resistance to short-term support. A failure at any of those checkpoints opens the door for a deeper voyage toward the yearly VWAP around $1.87, while a successful defense would reinforce the narrative that the larger consolidation remains merely a pause within a still-valid structural up-trend. I am expecting a reaction off this range low, losing that would be where things turn bearish/murky, but for now, it’s a healthy chart, Dom concludes. At press time, XRP traded at $2.20. Featured image created with DALL.E, chart from TradingView.com

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XRP At Make-Or-Break Technical Zone, Crypto Analyst Warns

XRP is pressing into a confluence of Fibonacci supports that could decide whether the late-2024 rally extends or snaps, according to a one-hour chart shared on X by independent analyst CasiTrades. The token last changed hands at $2.0995 on Binance when the snapshot was published, down 0.16% on the session but hovering only a few cents above the 38.2% retracement of the late-April rally. XRP Is Building Momentum Explaining the significance of the current pullback, CasiTrades wrote, Momentum is starting to pick up, and XRP is dropping to one of the most critical support tests weve seen in weeks. The chart anchors its Fibonacci grid on the $2.3622 swing high set April 28 and the $1.6169 low printed April; 7 from that range, the 38.2% retracement lies at $2.0775, the 50% cutback at $1.9896, and the golden-ratio 61.8% level at $1.9016. CasiTrades highlights the 38.250% corridor from $2.078 to $2.00 as the key support region, adding: This zone has acted as a pivot point in the past, and its where we could see the market start to turn if strength returns. Related Reading: Major XRP Accumulation Alert: Wallets Holding Over 10,000 Coins Cross 300,000 Price action since the $2.36 high is mapped as a textbook A-B-C corrective pattern. Wave (A) carried XRP below the 23.6% retracement at $2.1863; wave (B) attempted to retest overhead supply but stalled just shy of the peak; and the active wave (C) is sketched by a magenta arrow pointing directly into the $2.00-to-$1.90 pocket. We may still see one more flush or surprise drop targeting the major $1.90 before momentum shifts, the analyst cautioned, noting that such moves tend to move quickly, and by the time its obvious, the opportunity will probably be gone. Internally, momentum is already hinting at exhaustion. The one-hour RSI has carved successive higher lows from the end of April through early May even as spot prices have edged lower, forming a clear bullish divergence accentuated by a rising black trend-line. The oscillator is drifting just under the 40 handle, suggesting selling pressure is losing force as price drills into support. On the lower timeframes, RSI is showing signs of selling exhaustion, and the price action is beginning to compress, often a signal that a bigger move is on the horizon, CasiTrades observed. Related Reading: Crypto Pundit Says XRP To $10 Is Just The Start Key Resistance Targets Above the market, Fibonacci levels from a broader swing create an orderly ladder of resistance. A crimson band near $2.2559 marks the 38.2% retracement of an earlier macro impulse and is flagged as .382 major support turned resistance until reclaimed. Beyond that, the 11.8 percent line crosses at $2.2743, with the prior peak at $2.36 capping the short-term range. Off these supports, were looking for XRP to gain the strength to break past $2.25, $2.68, and beyond, the analyst told followers, adding, This is the time to be alert! In the comment thread, traders debated whether Bitcoin and Wednesdays Federal Reserve decision could deliver the final leg lower. Im thinking so too ideally support tests are met with extreme strength and an impressive recovery, CasiTrades replied. When asked where he would initiate a long, he advocated a laddered approach: Ideally youd ladder, $2.08, $2.00, and $1.90sub-waves are pointing to $2.00 as the highest probable pivot support. At press time, XRP traded at $2.14. Featured image created with DALL.E, chart from TradingView.com

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Crypto Pundit Says XRP To $10 Is Just The Start

In his latest video, the market commentator known as CryptoInsightUK laid out a multi-step argument for why XRP could very realistically go to $10 plus this cycle and potentially into the $20-to-$30 range. The analyst combined macro-asset rotation, historical dominance patterns and a series of back-of-envelope calculations to contend that most investors are still underestimating the tokens upside. Why $10 Per XRP Is The Start The crypto pundit began with a brief look at Bitcoin liquidity, predicting that a build-up of short positions could generate a very likely squeeze up to $103,000 before any near-term correction. But he quickly pivoted to the long-form case for altcoins and XRP in particular arguing that the broader environment of currency debasement has already lifted traditional hedges such as gold and equities well beyond their 2017 levels. Gold was at $1,200 an ounce and is now at $3,200 […] the S&P was at 233 and is now at 566, he said, emphasising that both assets trend in the same direction, at least against the dollar. Related Reading: Crypto Pundit Debunks $100,000 XRP Dark Pool Theory That inflation in nominal asset values, he suggested, sets the stage for a capital rotation into crypto. 17% of twenty-two trillion, he calculated a hypothetical pullback in the gold market could easily add on to the crypto market cap [] and that would push Bitcoin up to $180,000 to 220,000. The linchpin of his XRP thesis is the historical relationship between Bitcoins share of total crypto capitalisation (Bitcoin dominance) and XRP price performance. Displaying overlaid charts, he noted that in 2017 a 47% fall in dominance coincided with an 11x rise in XRP, and that in 2021 a 46% fall aligned with a 600 percent gain despite the overhang of the Ripple vs. US Securities and Exchange Commission lawsuit. XRP is one of the major gainers when Bitcoin dominance is falling, he asserted, adding that a fresh 40% draw-down merely a return to the lower boundary of the long-term range would, on past ratios, imply an XRP move to roughly $16. A deeper slide toward 25% dominance would, by the same arithmetic, yield that $36-to-$37 target. Related Reading: XRP Poised For Final Flush Before Breakout, Predicts Crypto Analyst He repeatedly cautioned that his figures were illustrative rather than definitively correct”, yet, he pushed back against objections that such price projections would require an impossibly large market capitalisation. Citing the tripling of golds market value since 2017 and a surge in US sovereign debt to $36 trillion, he argued that absolute numbers should not deter analysis: Market cap shouldnt stop you from making what a lot of people are calling outrageous claims to price. CryptoInsightUK framed this stance as technical rather than narrative driven. His overlay of XRP dominance on Bitcoin dominance highlighted what he called a very correlated inversely pattern in which XRP rallies compress into short, explosive windows once Bitcoins share begins to ebb. XRP does its moves really quickly, he warned, urging viewers not to let emotional bias or dislike of the asset blind them to historical precedent. At press time, XRP traded at $2.13. Featured image created with DALL.E, chart from TradingView.com

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XRP Weekly Overview and Current Price Trends

Over the past week, XRP has trended slightly downward, moving from highs near $2.30 to around $2.17 by May 4. The candlestick pattern shows a series of lower highs and lower lows, reflecting a gradual loss of bullish momentum. Despite occasional small rebounds, particularly on April 30 and May 1, each recovery was met with […]

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XRP Ledger Daily Payment Volume Soars 350%, Hitting 2 Million Transactions

As a recent Messari report outlined, the XRP Ledger (XRPL) showcased notable progress during the first quarter of 2024. The decentralized public blockchain, which facilitates the transfer of XRP, fiat currencies, and other digital assets, has demonstrated substantial activity. XRP Ledger Burn Rate Slows Amid Low Fees During Q1 2024, XRP, the native token of [...]

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XRP Price Soars with 640M Whale Move and Ripple Possible Expansion

XRP whales have made significant moves again after transferring 640 million tokens within the last 24 hours. This move signaled a powerful recovery in market activity.  This recent market move shows that the token is regaining its momentum. The coin is now trading and holding its position above $2.30, which is a solid base for […]

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Ripples (XRP) Path to Breakout: Analysts Predict 20-30% Surge

Ripple (XRP) is currently in a sideways trend channel over the medium to long term, most likely implicating that investors are sitting at a historically critical juncture. The technical setup shows that a big move is coming in the market, with possible breakouts giving clear direction. The ongoing price move sees XRP into sideways action […]

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XRP Set For Major Upswing: Top Analyst Reveals Timing For $10-$20 Price Milestone

XRP, the cryptocurrency associated with Ripple, has been locked in a lengthy period of consolidation, trading between $0.300 and $0.600 for the past seven years.  Despite a brief surge during the 2021 bull run that saw XRP reach a three-year high of $1.9 in April, the token has since returned to its range, lacking the [...]

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XRP Surges Past NecklineAnalyst Projects Rally To $3.57

Veteran wave technician BigMike7335 (@Michael_EWpro) argues that the XRP token has just completed a textbook reversal on the daily chart. In a post that accompanied the chart shown below, the strategist quipped, While you were busy being all excited about COIN being added to ES, XRP decided to breakout. XRP Breakout Confirmed The annotated Bitstamp daily shows price clawing back to $2.5717, a 21% gain over the last seven sessions that decisively lifts the token through a six-month neckline sitting fractionally above $2.40. That horizontal barriercoloured red on the chartcoincides with the top of a thin, downward-slanted Ichimoku cloud. Thursdays close placed the candle not only above the Kumo but also above the 50-day EMA (orange), the 100-day EMA (aqua) and the 200-day SMA (dark blue), stacking the moving-average ribbon in a classic bullish configuration. The thrust completes an inverted head-and-shoulders that formed inside wave (iv) of a larger five-wave advance. The April swing low almost tagged the 0.382 Fibonacci retracement of the entire November-to-February impulse at $1.56732; wave c of that corrective leg created the patterns head, with symmetric shoulders in mid-March and early-May. Measured-move arithmetic from the formations $0.80 depth projects approximately $3.58Big Mike boxes the target at $3.57638, exactly where the white arrow terminates on his chart and where the dashed vertical line identifies Wednesday, 18 June 2025 as a plausible time window. Related Reading: XRP Target Could Be $15 If This Pattern Is In Play, Analyst Says Market-profile data on the right flank strengthen the case: the heaviest volume node (green and tan bars) sits between $2.30 and $2.50, meaning the breakout thrust has already cleared the zone of greatest historical order flow. Above $2.80 the profile thins dramatically, implying scant overhead supply until the prior cycles upper channel rail near $3.00 and, ultimately, the $3.57 objective. Momentum gauges back the move. Daily RSI has reclaimed the 60-line and is rising briskly without yet entering overbought territory, while the stochastic oscillator has punched through its signal line and is accelerating toward the upper bandconfirmation that impulse rather than mere short covering is at work. Related Reading: XRP Chart Hits Critical Level That Opens The Sky, Analyst Warns Key risk markers remain below. Dashed support at $1.66027the lower edge of the DecemberMay broadening wedgeremains key; a failure to hold that level would invalidate the breakout thesis. Until then, the chart now offers bullish traders a classic post-neckline retest scenario, with the analyst eyeing $3.57 as the technical terminus of wave (v). For now, XRP bulls finally have a structure that justifies optimismand, as Big Mike notes, they did it while the rest of the market was distracted by the inclusion of Coinbase (COIN) in the S&P 500 on Tuesday. At press time, XRP traded at $2.60. Featured image created with DALL.E, chart from TradingView.com

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XRP Chart Hits Critical Level That Opens The Sky, Analyst Warns

In a fresh update posted on X, market strategist Dom (@traderview2) argues that a single, well-defined technical line now holds the key to XRPs next directional move. His six-hour TradingView chart shows the Binance XRP/USDT pair peaking at $2.48-2.50 overnight before stalling precisely at the volume-weighted average price anchored to the 2018 all-time high (the so-called ATH VWAP, plotted in green). Since late January that dynamically descending VWAP has capped every significant rally attempt and, on four separate occasions, triggered immediate, high-velocity rejections. The latest foray produced a brief spike to $2.4082 (session high) and a settling price of $2.3644, leaving a clear upper wick just beneath the VWAP. Dom calls the reaction expected given the pairs very clean technical memory, but he also stresses that the market has already reclaimed a critical intermediate pivot: the quarterly VWAP at roughly $2.30. Related Reading: XRP Must Close Above These Price Levels To Invalidate Bearish Forecast Analyst That level, the analyst notes, is now being back-tested intraday; a successful hold there would leave price wedged between converging support at $2.30 and resistance at the ATH VWAP near $2.48-2.50. A decisive close above the latter would, in Doms words, open the sky for a larger breakout by removing the final barrier that has contained XRP since its early-January high near $3.50. Massive XRP Breakout Coming? Order-flow data backs the bulls case. Dom has been tracking aggregated net flows by trade size and finds that tickets of 10,00050,000 XRP and 50 000+ XRP have flipped firmly positive over the past three days, while smaller clips (1001,000 and 1,00010,000 XRP) have turned net-negative. Little fish have sold the rip and bigger money has been behind it, he wrote, adding that the dataset cannot distinguish between retail and institutional wallets but very unlikely points to exchange internalisation. Related Reading: Why Is XRP Up Today? Key Reasons Revealed Broader market context corroborates the sense of a maturing impulse. A separate CoinGlass heat-map of perpetual-swap annualised funding rates that Dom shared plots twenty-seven large-capitalisation altcoins from November through May. The graphic highlights two periods late November to 9 December and the first weeks of May. The December cluster coincided with the top of alts, and he argues that the current cluster represents the most intense speculative pressure since that episode. Strongest move in the altcoin market since November and funding looks like this… I said it last week and I’ll say it again. Hated rally, Dom argues. Against that backdrop, the immediate technical roadmap remains binary. XRP must first defend the $2.30 quarterly VWAP, a level that has switched from resistance to support within the last forty-eight hours. Hold that shelf and traders will continue to probe the ATH VWAP ceiling. Lose it, and the path of least resistance swings back toward the mid-$2.00s congestion that defined most of April. But should bulls finally force acceptance above the descending VWAP a feat they have not achieved once this year the analyst sees little in the way of overhead supply until the mid-$2.70s, the lower boundary of the late-January distribution block. As Dom concludes, Acceptance above ATH VWAP opens the sky for a larger breakout. At press time, XRP traded at $2.46. Featured image created with DALL.E, chart from TradingView.com

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XRP Eyes $2.63 Breakout as Altcoins Ignite Under Bitcoins Surge

XRP is rising from a lower level, exhibiting a significant spike in price with the recent market performance. With Bitcoin moving towards its key resistance level at $105K , it is stimulating a wider altcoin rally in which XRP is poised to benefit from the surge. The currency is gaining more interest from traders and […]

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XRP Consolidates at $2.00: Breaking $2.23 Could Lead to a Huge Surge

XRP is showing signs of resilience despite choppy market conditions, with the digital asset currently trading at $2.07 and holding firmly above its crucial support at $2.00. While price action remains somewhat indecisive, the technical setup and upcoming catalysts suggest a major move could be on the horizon. Over the past 24 hours, XRP has […]

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XRPs Broadening Wedge Targets $17 Upside or $0.65 Downside

Ripple (XRP) is looking bullish in the short-term price trajectory and is on the surge from the past few days. As the overall market turned into bullish price territory, XRP gained attention, and over the last 24 hours it is up by almost 5%. Currently, the token is trading at $2.23 with a 24-hour trading […]

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