Global blockchain supervision and query platform

English
Download

XRP Whales Load Up Bags as Analysts Spot Pattern That Could Push Trillions of Dollars Into Ripples XRP ⋆ ZyCrypto

XRP Whales Load Up Bags as Analysts Spot Pattern That Could Push Trillions of Dollars Into Ripples XRP ⋆ ZyCrypto WikiBit 2025-06-29 07:52

&nbsp XRP remained strong on Sunday, extending its recent strength after a turbulent week. The upturn follows a

XRP remained strong on Sunday, extending its recent strength after a turbulent week. The upturn follows a sharp rally last month, sparked by Donald Trumps announcement of a U.S. strategic crypto reserve, which included XRP, Solana, and Cardano.

However, as clarifications emerged that the government would not actively acquire additional assets, the market retreated, pushing XRP down over 24.88%.

Despite the pullback, analysts remain bullish on XRP‘s long-term trajectory. On Saturday, popular crypto analyst Dark Defender highlighted a “Coffee Cup” pattern forming on XRP’s monthly price chart, describing it as a significant bullish signal. He noted that this pattern, combined with Elliott Wave analysis, suggests a dramatic price rally.

Dark Defender wrote.

He further outlined three key price targets based on this setup: a surge to $5.85–$18.22 in Wave 3, a climb to $36 in Wave 5, and a long-term projection of $44.22 (a 1,965% surge) based on the cups depth.

Adding to the bullish outlook, analyst Ali Martinez emphasized XRPs critical technical positioning. He pointed out that if XRP avoids closing below the head-and-shoulders neckline and instead breaks above the right shoulder, it could invalidate the bearish setup, potentially triggering a breakout toward $5.

Beyond technical analysis, experts anticipate trillions of dollars could flow into XRP, driven by evolving market dynamics and political shifts. Fintech and Web3 expert Jake Claver highlighted the significance of XRP holdings, noting that owning 10,000 XRP places an investor in the top 10% globally. He suggested institutional interest in XRP is growing behind the scenes.

Claver stated.

Trump‘s recent announcement of the U.S. ’Crypto Strategic Reserve‘ has further elevated XRP’s profile. Yassin Mobarak, a popular XRP community member, even speculated on the possibility of the U.S. accepting XRP for the $125 million fee judgment in Ripples securities lawsuit with the SEC, which could lead to unprecedented governmental alignment with XRP holders.

Mobarak wrote.

At press time, XRP was trading at $2.18, reflecting a 2.34% increase in the past 24 hours.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

  • Crypto token price conversion
  • Exchange rate conversion
  • Calculation for foreign exchange purchasing
/
PC(S)
Current Rate
Available

0.00