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XRP Price Prediction: Bulls Return Amid ETF Hopes and Accumulation Soars

Key Insights:

  • XRP price prediction suggests that the asset could see a surge of over 16%, potentially reaching the $2.65 level.
  • On-chain metrics reveal that exchanges have recorded an outflow of $13.74 million worth of XRP tokens.

XRP price prediction suggests the asset is in an uptrend, with its bullish price action hinting at a potential major rally ahead. Amid ongoing market uncertainty, where many major assets have lost key support levels like the 200-day EMA, XRP has managed to hold above these levels, maintaining its bullish structure.

Expert and Analyst Outlook: $3 to $10 XRP?

Meanwhile, investors and analysts have shown strong interest in the token. According to experts, some believe XRP’s price could reach $3, while others predict it could rise to $3.80. There are even some analysts who believe XRP could reach $10 in the coming days.

Speculation around the potential listing of a spot XRP ETF on the NASDAQ, along with its rapid adoption, is giving traders and investors hope for a significant upside rally in the future.

If the XRP ETF gets approved, experts believe the price could reach $10. However, in reality, this bold prediction by experts does not seem achievable anytime soon.

Moreover, a well-followed crypto expert shared a post on X (formerly Twitter), stating that $3 for XRP could happen any day now. In the post, he noted that XRP ETFs will be approved—it’s only a matter of when. He also mentioned that Fed Chair Powell is set to leave office in 2026.

 

With all these expert and analyst insights, XRP appears bullish and may experience an upside rally.

Current Price Momentum

At press time, XRP was trading near $2.30, having surged over 2.75% in the past 24 hours. During the same period, investors and traders showed strong interest and confidence in the asset, resulting in a 20% surge in trading volume.

This impressive surge in XRP’s trading volume, along with its upward price momentum, suggests strong bullish sentiment in the asset. It also indicates rising interest and confidence, likely driven by the recent bullish shift in price action.

XRP Price Action and Technical Analysis

According to expert technical analysis, the XRP price prediction suggests a bullish outlook, as the asset has recently broken out of a falling wedge pattern.

During the period of market uncertainty, XRP formed a falling wedge structure, but after finding support at the 200 EMA, it showed a strong price reversal.

XRPUSDT Daily Chart | Source: Trading View

XRP Price Prediction: For Bullish and Bearish Side

Based on recent price action and historical patterns, if the asset holds above the $2.15 level, the XRP price prediction suggests it could see a surge of over 16%, potentially reaching the $2.65 level in the near future.

On the other hand, if the upward momentum fades and the price falls below the $2.15 level, the XRP price prediction suggests that the asset could either consolidate or move sideways

At present, XRP’s Relative Strength Index (RSI) stands at 52, indicating that the asset is in a neutral zone. This means the asset is neither overbought nor oversold, suggesting a potential consolidation phase before the next significant price move.

$13.74 Million XRP Outflow: Accumulation or What?

Following the breakout, investors and long-term holders have shown strong interest in the token and have been accumulating the asset, as reported by the on-chain analytics firm CoinGlass.

Data from spot inflow/outflow reveals that exchanges across the crypto landscape have recorded an outflow of $13.74 million worth of XRP tokens.

XRP Spot Inflow/Outflow | Source: Coinglass

This substantial outflow was the highest recorded over the past week and indicates potential accumulation by long-term holders.

When combining all these on-chain metrics, it appears that the bulls are back, and XRP’s price could soon see an upside rally.

Chandan Gupta

Chandan Gupta is a crypto analyst and senior journalist. With years of experience in crypto trading and market analysis, he simplifies complex concepts of technical and on-chain metrics, making them easy for users to understand and helping them make informed decisions. Additionally, he uncovers real-time actions of whales and insiders that impact overall market sentiment.

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Chandan Gupta

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