📈🚀 XRP Price Prediction: Can It Reach New Heights? 📈 #XRP UPDATE# #XRP

- XRP/BTC going up ✅
- Trend reversal (XRP/BTC) ✅
- RSI oversold (XRP/BTC) ✅
- Stochastic RSI oversold (XRP/BTC) ✅
- XRP/USD going up ✅
- Outbreak on the weekly (XRP/USD) ✅
- Retest from outbreak (XRP/USD) ✅
- Hidden bullish divergence#
XRP has been making waves in the crypto market, with its price surging over 6% in the past 24 hours to reach $2.20. The recent news of Ripple dropping its cross-appeal against the US Securities and Exchange Commission (SEC) has contributed to the gains. But can XRP's price go higher from current levels? Let's dive in and explore the possibilities.
*Current Price and Market Trends*
XRP's current price is $2.19-$2.20, with a 24-hour trading volume of $131.11 million. The market capitalization stands at $4.21 billion, with a circulating supply of 7.59 billion PI coins. The price has formed a symmetrical triangle pattern since topping out near $3.40 in February, which typically signals a continuation move after a strong prior trend ¹.
*Technical Analysis*
The technical setup looks promising, with XRP testing the triangle's upper trendline for a potential breakout. If XRP breaks above the resistance confluence, it could rally toward the triangle's upside target of around $3.81, up about 75% from the current price levels. The 50-day exponential moving average (50-day EMA) near $2.20 is acting as additional resistance.
*Whale Accumulation*
XRP's 90-day moving average whale flows flipped positive in early May, signaling renewed accumulation and growing bullish sentiment. This shift suggests large holders have been positioning lately for a major move, with historical data backing the trend. Similar accumulation activity began in August 2024 and preceded XRP's 420% rally in the fourth quarter.
*Resistance Zones*
The $2.34-$2.40 range is a key resistance zone, with over $525 million in potential liquidations clustered within. A decisive move above $2.34 could flip the script, triggering a short squeeze that forces liquidations and propels the price toward $2.40, potentially setting the stage for further upside.
*Price Prediction*
Based on technical analysis, XRP's price could potentially reach $3.81 in the short term, up about 75% from current levels. In the long term, XRP price predictions suggest it could trade between $15.43-$18.30 by 2030 and $1,362.69 by 2040. By 2050, XRP's price could potentially hit $1,518.37-$1,758.84 ².
*Key Takeaways*
- XRP's price is currently testing the upper trendline of a symmetrical triangle pattern.
- Whale accumulation has flipped positive, signaling renewed confidence among large holders.
- The $2.34-$2.40 range is a key resistance zone, with potential for a short squeeze.
- XRP's price could potentially reach $3.81 in the short term and $15.43-$18.30 by 2030.