Is XRP Price Gearing Up for a Major Rally?

The post Is XRP Price Gearing Up for a Major Rally? appeared first on Coinpedia Fintech News XRP is holding steady around $2.19 , showing resilience despite a minor 0.3% weekly dip. This stability might be the calm before a major price surge. On lower timeframes, XRP continues to form bullish price structures with higher highs and higher lows, keeping traders on alert. While a decisive breakout hasn’t occurred yet, several key signals suggest growing upside momentum. Technical Levels to Watch Crypto analyst Fabio Zuccara has identified a symmetrical triangle pattern on the XRP chart—often a precursor to sharp price moves. The token currently trades just above its 20-day Simple Moving Average (SMA) at $2.167 , while facing resistance at the 50-day Exponential Moving Average (EMA) near $2.208 . A breakout above the EMA resistance could push XRP toward $2.27 , $2.33 , and possibly beyond $2.50 . However, failure to break out might lead to a retest of support at $2.068 or even $1.993 . Whale Accumulation Suggests Confidence On-chain data indicates strong institutional interest. Over 200 million XRP were added last week to wallets holding between 10 million and 100 million tokens. A notable whale transaction involved 29.5 million XRP (worth over $64 million) moved to Coinbase . Sasha Varela , senior analyst at ChainWave Metrics , stated, “This volume is not retail-driven. It reflects informed buyers anticipating a significant price movement.” XRP ETF Speculation Fuels Market Optimism Speculation around a potential ProShares XRP spot ETF is intensifying. Analysts currently estimate an 80% probability of approval . Linda Moh , ETF strategist at WaveX Funds said : “ETF anticipation alone can drive FOMO-led rallies,” especially when combined with technical strength and whale accumulation. An ETF approval would mark a significant regulatory milestone for Ripple and the broader altcoin market. Long-Term XRP Price Prediction Source: Dark Defender X Post Crypto analyst Dark Defender believes XRP is in the final phase of a fifth wave Elliott structure, expecting a move toward $3, followed by potential targets at $4.40 and $6.30, as long as XRP stays above $2.00. Immediate key support lies at $1.88.With bullish technical patterns, rising institutional interest, and ETF optimism aligning, all eyes are now on whether XRP can break above the $2.208 resistance. The next move could define XRP’s momentum for the weeks ahead.

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