Amid ongoing market uncertainty, Ripple’s native token, XRP, has remained sideways for the past two trading days after successfully retesting the breakout level. This price consolidation raises concerns about whether XRP will sustain the breakout.
According to expert technical analysis, XRP appears bullish despite moving sideways. Recently, the asset successfully retested its breakout level by forming a bullish morning star candlestick pattern.
Based on historical patterns, if the XRP price holds above the $2.35 level, there is a strong possibility it could soar by 45% to reach $3.50 in the coming days. Despite market uncertainty, the altcoin is strongly holding its 200 Exponential Moving Average (EMA), reinforcing its bullish outlook and placing it in an uptrend.
Meanwhile, the asset’s Relative Strength Index (RSI) is near 52, indicating that XRP has the potential for continued upward momentum if market sentiment supports it.
Despite ongoing price consolidation in XRP, whale interest and confidence appear to be steadily rising. Data from the on-chain analytics firm Santiment reveals that the number of whales and investors holding 1,000 – 10,000 and 10,000 –100,000 XRP tokens has increased since the beginning of 2025.
This significant surge in whale and investor activity suggests confidence in XRP’s long-term value and potentially reduces selling pressure.
In addition to technical analysis and price action, Davinci Jeremie, a Bitcoin advocate and a prominent figure in the crypto space, recently made a bold prediction for XRP. In his latest video, he stated that XRP could reach $20.
However, he balanced this bold claim by noting that, given the current market scenario, there is a strong possibility the asset could achieve this target.
Jeremie stated, “I hate XRP and think it’s a bad idea, but technical analysis shows it’s going higher than $3,…I think it will get as high as $20 or more.”
At press time, XRP was trading near $2.43, registering a modest price decline of 0.70% in the past 24 hours. During the same period, its trading volume dropped by 20%, indicating lower participation from traders and investors compared to the previous day.
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