XRP (XRP-USD) is back above $2.20 and showing signs it could blow past resistance. Between whale accumulation, ETF hype, and bullish charts, this rally might just be getting started—if it can dodge one last legal trap.
Whales Quietly Stockpile XRP
While most of the market was distracted by Bitcoin’s consolidation, deep-pocketed wallets were quietly scooping up XRP. Large holders steadily increased their positions through April, showing quiet confidence while retail investors sat on the sidelines.
That kind of smart-money buildup often foreshadows big moves. And this time, it’s syncing perfectly with the next major catalyst.
XRP ETF Excitement Fuels New Rally Potential
Traders are laser-focused on the expected launch of the ProShares’ XRP futures ETF. Once live, it would let institutions gain exposure without touching the token directly—exactly what pushed Bitcoin ETFs into the stratosphere.
The crypto crowd knows the playbook: ETF anticipation → inflows → price spike. If XRP follows that same script, $2.20 might just be the opening act.
XRP Chart Signals a Breakout Is Near
XRP’s daily chart is winding up like a spring. Price is compressing inside a symmetrical triangle—typically a prelude to an aggressive move. Analysts see a breakout above $2.35 setting the stage for a charge toward $4.35.
That’s a 75% rally from here, and it would reclaim territory lost since XRP’s rejection near $3.40 back in March.
But Ripple’s Legal Chains Still Drag
Here’s the catch: Ripple’s legal fight isn’t fully over. While the SEC dropped the main lawsuit, the company still faces restrictions on institutional XRP sales. That’s a wet blanket for adoption—and a key reason some traders are hedging with puts, per Deribit data.
Final Take
So—is XRP about to skyrocket? The pieces are there: big wallets buying, ETF fuel in the tank, and a technical setup ready to pop. But Ripple’s regulatory leash hasn’t fully snapped yet. If that breaks too, this could be the ignition XRP holders have been waiting for.
At the time of writing, XRP is sitting at $2.25.
