Large Quantity of XRP Moved by Ripple Whale, Aiming for Potential Value of $4.5 Billion
In recent developments, the price of XRP, the third-largest cryptocurrency by market capitalisation, has seen a significant surge, trading near $2.58 at press time. This increase is primarily driven by a combination of factors, including regulatory clarity, speculation around potential XRP ETF approvals, bullish technical breakout patterns, and growing adoption of Ripple's technology.
The recent price surge has been accompanied by a marked increase in trading volume, which has jumped by 80% during the same period. This surge in volume indicates heightened participation from investors and traders, suggesting a growing interest in XRP.
The bullish price action pattern of XRP has attracted significant attention from crypto investors. The price is on the verge of breaking out from a bullish flag and pole pattern on the daily time frame, which could lead to further upward movement. However, some analysts warn of risks due to chart patterns like descending triangles, which in many cases have bearish implications, suggesting that a loss of support near $1.80–$2.00 could trigger a decline toward around $1.00.
Nonetheless, fundamental developments such as regulatory resolution or ETF approval could still spark significant rallies. Analysts like Michaël Van de Poppe forecast XRP retesting highs near $3.40 in the short term, supported by bullish technicals and prior resistance retests. Some top analysts predict XRP could surge significantly higher, with estimates ranging from about $5.50 (Standard Chartered) to even $15 (other crypto analysts), driven by ETF approvals, increased adoption, and regulatory clarity.
Price predictions continue to be optimistic with Standard Chartered projecting around $8.00 in 2026 and $12.50 by 2028, citing Ripple’s expanding role in global payments and cross-border transactions. Speculative forecasts have XRP reaching between $10 and $20, or even higher to around $26.50, based on its potential market share in the multi-trillion-dollar global remittance market and broader ecosystem expansion.
The recent breakout in XRP's price could make it easier for XRP to reach the predicted level in the coming days. The recent price surge and increased trading volume could indicate a growing investor interest in XRP. Ripple's ongoing legal battle with the SEC, a crypto-friendly regulatory environment, and strong activity from large investors (whales) have created favourable conditions for XRP's price surge.
In conclusion, XRP appears poised for a potentially strong upward trajectory in 2025 and beyond, contingent on regulatory outcomes and market momentum. The recent breakout and increased trading volume could be early indicators of this potential upside momentum.
Investors and traders are increasingly attracted to XRP due to its bullish price action, with some analysts forecasting prices could reach as high as $3.40 in the short term, driven by factors such as regulatory resolution, ETF approvals, and bullish technicals. The recent surge in trading volume suggests a growing interest in XRP, indicating that more investors and traders are participating in cryptocurrency trading, particularly in XRP. This increased involvement could make it easier for XRP to reach the predicted long-term price levels in the global payments and cross-border transactions market, where Ripple is expanding its role.
