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Home Blockchain

XRP Isn’t Dead — It’s Loading! Here’s Why Analysts Say XRP Price Rally Is Coming

by DigestWire member
May 2, 2025
in Blockchain, Crypto Market, Cryptocurrency
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XRP Isn’t Dead — It’s Loading! Here’s Why Analysts Say XRP Price Rally Is Coming
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The post XRP Isn’t Dead — It’s Loading! Here’s Why Analysts Say XRP Price Rally Is Coming appeared first on Coinpedia Fintech News

XRP recently saw a sharp price dip to $2.15, triggering massive liquidations worth $13.9 million in long positions, compared to just $1.49 million in shorts, a nearly 1000% imbalance. This shows that most traders were betting on the price going up. When it didn’t, many positions were wiped out, pushing the price down further. 

However, XRP has bounced back to $2.20, a key support level, and some traders believe this was just a shakeout before the next big move. Crypto analyst John Squire agrees and says XRP isn’t dead — it’s just loading. 

XRP Has Been Building for Years

XRP isn’t a new token riding the latest hype. It has been in development for over a decade. Ripple, the company behind XRP, has built a global payment network, RippleNet, which is active in over 55 countries. It’s already being used by more than 350 financial institutions, including major names like SBI, Tranglo, and Santander. This isn’t about plans, it’s happening now.

A Win in Court and Legal Clarity Ahead

One of XRP’s biggest moments was its legal battle with the U.S. Securities and Exchange Commission (SEC), which started in December 2020. Ripple scored a partial win in July 2023, and the SEC recently paused its appeal, which could lead to full legal clarity soon. If that happens, XRP could become one of the few major cryptocurrencies fully cleared to work with U.S. banks.

  • Also Read :
  •   XRP Soared 126% After Garlinghouse-Trump Rumors, Will Larsen’s SEC Meeting Do the Same on May 2?
  •   ,

Big Bulls Showing Interest

Squire also points to growing interest from big players. CME Group is launching XRP futures in May 2025, and there are ongoing rumors of a possible BlackRock XRP trust. Meanwhile, Ripple has launched its own stablecoin, RLUSD, which has already crossed $300 million in market cap. Ripple also bought Hidden Road, a major broker that moves over $10 billion daily, adding more strength to the XRP ecosystem.

A Boring Chart Doesn’t Mean a Dead Token

While many call XRP “dead” because of its slow price movement, Squire says this is often when smart investors quietly buy in. Technical indicators show XRP is holding steady with support around $2.00 and a chance to turn bullish if it breaks $2.30. For now, XRP may be quiet, but it might just be getting ready to roar.

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