The post XRP Price To Hit ATH This Week : Here’s Why appeared first on Coinpedia Fintech News
XRP is gearing up for what could be its biggest rally in years. Following months of consolidation and growing institutional backing, the digital asset is showing signs of a major breakout.
Adding to the bullish momentum, on-chain data reveals a major whale has just made a bold move. On May 11th, the address 0x175e7023e8dc93d0c044852685ac33e856b577b4 deposited $5.84 million in USDC into HyperLiquid to open a 2x leveraged long position on XRP.
Notably, this same whale previously longed ETH with 2x leverage and currently holds over $10 million in floating profits, adding weight to the market confidence surrounding XRP.
When Will XRP Price Hit ATH?
Crypto analyst Lark Davis recently pointed out that XRP is forming a bullish triangle pattern, with an upside breakout target of $4.40. This projection aligns with Fibonacci levels drawn between the January high and April low — a confluence fueling bullish sentiment.
Michaël van de Poppe noted that XRP has already surged 50% since bouncing off a key support level at $1.75, which he identified as a strong entry zone.
“When things go vertical, that’s when you zoom out and enter higher timeframes,” Poppe advised, adding that XRP will likely retest its all-time highs (ATHs) soon.
- Also Read :
- XRP Responsible for 11.3% of Upbit’s Massive $3.59 Billion Daily Volume, Outperforms BTC and ETH
- ,
XRP Price Forecast 2025
Analyst Cobb, a long-term XRP holder since 2017, believes the stars are finally aligning. “XRP didn’t build a 27-week consolidation structure just to fall back to $0.60,” he said, dismissing tariff-related FUD. He highlights that 2025 could be XRP’s breakout year, especially with a pro-crypto Trump administration, regulatory clarity from the FDIC, and Ripple’s aggressive acquisitions, including a potential partnership with Circle.
Cobb’s bare minimum target is $11.34 by year-end, with expectations of even higher prices. With RLUSD, on-chain AMMs, meme coin TVL growth, and real-world integrations gaining steam, the XRP ecosystem looks poised for a parabolic rise.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQs
A whale opened a $5.84M leveraged long on XRP, boosting confidence and triggering bullish momentum.
Analysts cite bullish setups and whale activity as strong signals, suggesting XRP may be positioned for major upside.
Analysts expect XRP to test its all-time high soon, with key support at $1.75 and a bullish triangle pattern signaling strong upside potential.
