Ripple’s XRP has surged 58% over the past week, outpacing major cryptocurrencies like Bitcoin and Ethereum. This explosive growth stems from whale accumulation, trader optimism, and technical breakout signals.
Why Is XRP Rallying?
1. Whale Accumulation
- Wallets holding ≥1 million XRP now control 45.61 billion tokens, the highest level since June 2018 (Santiment).
- Over two years, large investors added 3.44 billion XRP (+8.16%).
2. Technical Breakout
- Trader DonAlt flagged XRP’s monthly breakout phase, targeting resistance at $1.50** (2x current price) and **$3.60 (4x).
- Despite fundamental reservations, XRP is seen as a high-potential trade.
3. Market Sentiment
- Retail interest is reviving, reminiscent of the 2017 altcoin boom.
- Analysts like Mikybull Crypto predict new all-time highs by March 2025.
XRP vs. Major Cryptos (7-Day Performance)
| Cryptocurrency | Price | Market Cap | 24-Hour Change | 7-Day Change |
|----------------|------------|----------------|----------------|--------------|
| XRP | $0.8786 | $50 billion | +22.2% | +58.9% |
| Bitcoin | $88,310.05 | $1.75 trillion | -0.8% | +15.9% |
| Ethereum | $3,029.91 | $364.9 billion | -2% | +3.4% |
What’s Next for XRP?
- Key events: Benzinga’s Future of Digital Assets (Nov. 19) may shed light on Ripple’s trajectory.
- Watch whale activity and macroeconomic trends for further momentum.
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FAQ
Q: Is XRP a good investment in 2025?
A: While technicals suggest short-term gains, long-term viability depends on Ripple’s legal clarity and adoption.
Q: What’s driving XRP’s price surge?
A: Whale buying, breakout patterns, and renewed retail interest.
Q: How high can XRP go?
A: Analysts project $1.50–$3.60 if bullish momentum continues.
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Note: Trading involves risk; 82% of retail CFD accounts lose money.
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