XRP Price To Hit ATH This Week : Here’s Why

The post XRP Price To Hit ATH This Week : Here’s Why appeared first on Coinpedia Fintech News XRP is gearing up for what could be its biggest rally in years. Following months of consolidation and growing institutional backing , the digital asset is showing signs of a major breakout. Adding to the bullish momentum, on-chain data reveals a major whale has just made a bold move. On May 11th, the address 0x175e7023e8dc93d0c044852685ac33e856b577b4 deposited $5.84 million in USDC into HyperLiquid to open a 2x leveraged long position on XRP. Notably, this same whale previously longed ETH with 2x leverage and currently holds over $10 million in floating profits, adding weight to the market confidence surrounding XRP. When Will XRP Price Hit ATH? Crypto analyst Lark Davis recently pointed out that XRP is forming a bullish triangle pattern, with an upside breakout target of $4.40. This projection aligns with Fibonacci levels drawn between the January high and April low — a confluence fueling bullish sentiment. Michaël van de Poppe noted that XRP has already surged 50% since bouncing off a key support level at $1.75, which he identified as a strong entry zone. “When things go vertical, that’s when you zoom out and enter higher timeframes,” Poppe advised, adding that XRP will likely retest its all-time highs (ATHs) soon. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : XRP Responsible for 11.3% of Upbit’s Massive $3.59 Billion Daily Volume, Outperforms BTC and ETH , XRP Price Forecast 2025 Analyst Cobb , a long-term XRP holder since 2017, believes the stars are finally aligning. “XRP didn’t build a 27-week consolidation structure just to fall back to $0.60,” he said, dismissing tariff-related FUD. He highlights that 2025 could be XRP’s breakout year, especially with a pro-crypto Trump administration, regulatory clarity from the FDIC , and Ripple’s aggressive acquisitions, including a potential partnership with Circle. Cobb’s bare minimum target is $11.34 by year-end, with expectations of even higher prices. With RLUSD, on-chain AMMs, meme coin TVL growth, and real-world integrations gaining steam, the XRP ecosystem looks poised for a parabolic rise. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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A whale opened a $5.84M leveraged long on XRP, boosting confidence and triggering bullish momentum. Is XRP a good investment right now? Analysts cite bullish setups and whale activity as strong signals, suggesting XRP may be positioned for major upside. Will XRP reach its all-time high soon? Analysts expect XRP to test its all-time high soon, with key support at $1.75 and a bullish triangle pattern signaling strong upside potential.

Source: coinpedia