XRP has reclaimed its place because the third-largest cryptocurrency by market capitalization following an explosive 25.8% weekly surge that pushed the token previous $170 billion in market worth.
The Ripple-backed token broke by means of vital resistance at $2.80, decisively outperforming Bitcoin and Ethereum throughout per week that noticed the broader crypto market attain new all-time highs.
XRP ETF: A Large Catalyst for Sustained Momentum
ProShares introduced the launch of the primary XRP futures ETFs starting July 18, 2025, marking an enormous second for institutional entry to XRP.
BREAKING: ProShares to launch the first-ever $XRP ETF
Buying and selling begins July 18, 2025
Crypto is formally knocking on Wall Avenue’s entrance door.
Is that this the start of a brand new period for crypto ETFs?pic.twitter.com/YXY8sznFeL
— John Squire (@TheCryptoSquire) July 13, 2025
The institutional momentum behind XRP has reached unprecedented ranges, with eleven main asset managers, together with Bitwise, 21Shares, Franklin Templeton, and Grayscale, submitting for XRP ETF merchandise.
Equally, whale accumulation has surged to historic highs, with 2,743 wallets now holding over 1 million XRP tokens, collectively controlling 47.32 billion tokens.
This accumulation sample coincided completely with XRP’s breakout above $2.80, liquidating $31.44 million briefly positions at the moment.
The constructive regulatory motion seems more and more favorable for XRP’s continued ascent.
Traders anticipate the SEC might vote to dismiss its enchantment within the Ripple case, constructing on the 2023 ruling that XRP gross sales to retail shoppers weren’t securities.
Moreover, Polymarket information signifies an 88% likelihood of spot XRP ETF approval by December 2025, whereas key dates of July 21 and July 25 loom giant for leveraged ETF launches and spot ETF selections.
With altcoin season formally confirmed in accordance with Santiment analytics, XRP’s technical breakout from multi-year patterns positions it for potential strikes towards $6 – $8 ranges that might surpass its earlier all-time highs.
Multi-12 months Triangle Breakout Targets $6 Preliminary Goal
XRP’s weekly chart reveals completion of a large symmetrical triangle formation that has been constructing because the 2018 peak at $3.84.
XRP is at present buying and selling at $2.79, having achieved a decisive breakout above the higher trendline of this multi-year consolidation sample, with explosive quantity that confirms the validity of the transfer.
Fibonacci extension ranges present a transparent roadmap for XRP’s potential trajectory. The 1.272 stage sits at $5.96, representing roughly 115% upside from present ranges.
The 1.414 extension targets $8.99, whereas the 1.618 stage initiatives $16.18. Essentially the most formidable 1.786 extension reaches $26.35, although this seems reserved for prolonged bull market situations.
Analyst Ali Martinez’s statement that “a weekly shut above $3 might set the stage for a rally to $6 and even greater” aligns completely with these technical projections.
The symmetrical nature of the triangle formation, encompassing a complete market cycle from 2019 to current, suggests proportionally bigger strikes when lastly resolved.
Quantity traits in the course of the triangle confirmed typical declining patterns because the formation matured, adopted by growing quantity on the breakout.
This textbook’s technical improvement signifies institutional and algorithmic recognition of the sample completion.
The EMA 200 has been definitively reclaimed round $1.05, offering a strong assist basis for the present uptrend.
XRP buying and selling nicely above all main shifting averages confirms the pattern has absolutely established itself.
The speedy resistance zone sits round $3.19, adopted by stronger resistance at $4.31 earlier than reaching the preliminary $6 goal zone.
Additional Evaluation Factors to Terminal Wave Towards $5.70
Moreover, the Elliott Wave construction reveals XRP finishing a macro triangle sample inside wave (4), now advancing by means of wave (3) of the bigger wave (5) sequence.
Third waves sometimes generate probably the most highly effective and prolonged strikes in Elliott Wave principle, suggesting XRP’s present advance could also be simply starting its most explosive part.
Supply: Maddox_Metrics on TradingView
The breakout from the pennant formation round $2.50 confirms the wave (3) initiation with sturdy momentum traits.
In reality, RSI evaluation supplies essential bullish affirmation by means of a accomplished bullish divergence sample.
The divergence occurred when worth made decrease lows whereas RSI created greater lows, indicating diminishing promoting strain regardless of worth weak point.
The next RSI breakout above 60 validated the momentum shift, with present readings round 61 suggesting substantial room for extra upside earlier than reaching overbought situations.
The macro triangle completion represents years of power accumulation that sometimes precedes terminal waves of great magnitude.
XRP’s Elliott Wave rely locations the cryptocurrency within the closing phases of a bigger diploma sample, with the analyst’s terminal goal of $5.70 representing conservative projections primarily based on normal wave relationships.
This goal would set up new cycle highs above the earlier $3.84 peak set in 2018.
Greatest Pockets: Your Gateway to Multi-Chain XRP Administration Throughout Historic Rally
In mild of XRP making ready for its potential ascent towards $6-8 targets, managing and maximizing returns on XRP holdings turns into more and more vital for severe buyers.
Greatest Pockets is the premier answer for safe XRP storage whereas offering entry to yield technology alternatives throughout a number of blockchain networks.
In contrast to single-chain wallets, Greatest Pockets’s assist for over 60 blockchains, together with XRP Ledger, allows seamless portfolio diversification throughout altcoin season.
The platform’s integration with Rubic trade aggregator permits XRP holders to capitalize on optimum swap charges throughout 200+ decentralized exchanges and 20 cross-chain bridges.
This performance turns into invaluable throughout a bull market when timing and execution pace decide revenue maximization.
As XRP probably enters a parabolic part focusing on historic highs, accessing next-generation initiatives by means of Greatest Pockets’s launchpad characteristic might multiply portfolio returns past XRP’s efficiency.
Most importantly, Greatest Pockets’s $BEST token gives unique advantages, together with diminished buying and selling charges, early entry to promising presales, and better APY staking rewards.
With upcoming options together with crypto-backed debit playing cards and portfolio administration instruments, becoming a member of the $BEST Presale, which has raised over $13M, is a option to be a part of the progress, or you’ll be able to observe them on X or Telegram.
The publish XRP Value Prediction: Its Ascent to #3 After 25.8% Weekly Acquire – Will Momentum Maintain? appeared first on Cryptonews.