XRP Builds Surging Momentum: Traders Shift Focus to This Top Price Range
3 min read
XRP is gaining renewed attention after maintaining a firm position above the $2.34 level, with analysts pointing to an upward trajectory that could see the asset testing the $2.65 range and, under the right conditions, extending toward the $4 to $6 zone. Crypto pundit Jungle Inc (@jungleincxrp) highlighted these developments in a recent post on X, and this potential rally is underpinned by strengthening technical indicators, increasing institutional support, and a surge in interest surrounding RLUSD. XRP Traders Now Eyeing $6 XRP is holding strong above $2.34, with analysts targeting a breakout to $2.65 — and possibly $4–$6 if key levels flip. This comes as Ripple’s stablecoin RLUSD just smashed through a $500M market cap, ranking among the top 20 stablecoins… pic.twitter.com/P80HTRU1y8 — Jungle Inc Crypto News (@jungleincxrp) July 11, 2025 Accumulation Patterns and Whale Activity Support Bullish Outlook Over the past few months, XRP has shown signs of prolonged accumulation , according to analysts observing historical price consolidation. The asset has formed both a symmetrical triangle and a bull flag pattern , which are typically associated with impending upward movement. At the same time, tightening volatility bands and rising open interest in XRP derivatives suggest that a breakout move may be approaching. Market watchers also note steady whale accumulation , signaling strong confidence from large-scale holders. RLUSD’s Adoption Shows Institutional Backing The broader environment surrounding Ripple has also shifted. RLUSD, Ripple’s stablecoin, has now surpassed a $500 million market cap, placing it among the top 20 stablecoins globally. At press time, it was ranked #8, and with growing adoption, it could reach Ripple’s goal of joining the top 5 stablecoins before the end of 2025. RLUSD’s rapid adoption is also supported by significant institutional backing. Notably, BNY Mellon, one of the oldest custodians in the financial sector, is now providing custody solutions for RLUSD . Meanwhile, integrations with platforms like Transak and OpenPayd are expanding RLUSD’s utility in cross-border and crypto-fiat payment flows. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Market Participation Signals Bullish Anticipation While short-form sentiment posts often exaggerate optimism, the convergence of favorable technicals and fundamental progress has given XRP traders tangible reasons to watch closely. Beyond chart patterns, derivatives data shows growing participation. Open interest in XRP futures and options has steadily climbed since Q2 2025, aligning with increased volume and capital inflow into XRP-related markets. XRP Target: The $4 to $6 Range XRP has broken above the $2.65 resistance level, and Jungle Inc expects it to keep rising. A move to the $4 to $6 range would represent a 45% to 117% increase from its current price of $2.76. What separates the current market cycle from previous ones is the infrastructure surrounding XRP. This target is feasible if momentum continues, particularly with growing institutional support and technical indicators favoring a sustained bullish trend. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Builds Surging Momentum: Traders Shift Focus to This Top Price Range appeared first on Times Tabloid .

Source: TimesTabloid