Tuesday, January, 21, 2025

XRP Price Surge Expected as Whale Activity and Bullish Indicators Align

XRP is set for a major rally, backed by whale activity and bullish patterns. With a $5.84 million bet and a $4.40 target, confidence in its growth is rising, fueled by Ripple’s expansion and XRP Ledger adoption.
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Zagham Abbas

Zagham is a renowned crypto journalist known for his insightful analysis and in-depth reporting on the cryptocurrency industry.
  • A major whale deposited $5.84 million into HyperLiquid, betting on a bullish XRP rally, signaling growing investor confidence.
  • XRP’s price chart shows a bullish triangle, with breakout targets around $4.40, further confirmed by technical indicators like Fibonacci retracement levels.
  • Veteran XRP investor Cobb predicts a breakout year for XRP in 2025, with a conservative price target of $11.34 based on current momentum and macro trends.

XRP is gaining serious traction as market indicators, whale activity, and bullish technical formations converge, signaling what could be the digital asset’s most significant rally in years. After months of consolidation, the stage is set for a potentially parabolic breakout, with XRP showing increasing strength on both on-chain and macro levels.

On May 11, blockchain data revealed that a major crypto whale made a bold move by depositing $5.84 million in USDC into the decentralized derivatives platform HyperLiquid to open a 2x leveraged long position on XRP. The whale, operating from address `0x175e70…577b4`, is not new to the spotlight. Previously, this same entity opened a similar position on Ethereum (ETH), now sitting on over $10 million in floating profits.

This calculated and high-conviction trade is fueling speculation that XRP may be on the verge of a breakout, especially given the whale’s successful trading history. Analysts often consider whale movements as leading indicators of smart money sentiment, and this bet reinforces growing confidence in XRP’s bullish trajectory.

XRP Bullish Triangle Signals Breakout to $4.40

Renowned crypto analyst Lark Davis recently highlighted a bullish triangle pattern forming on XRP’s price chart, indicating the potential for a major upward move. According to Davis, the breakout target lies around $4.40, which aligns perfectly with Fibonacci retracement levels calculated between XRP’s January high and its April low. This technical confluence is further energizing investor sentiment.

Adding to the technical case, analyst Michaël van de Poppe pointed out that XRP has already rallied 50% after bouncing off a strong support level at $1.75. He considers this price zone a key reaccumulation point and advises investors to monitor higher timeframes for continued momentum. “When things go vertical, that’s when you zoom out,” van de Poppe noted, suggesting that XRP could soon retest its all-time highs (ATHs).

XRP Set for Major Breakout with $11.34 Target

Beyond price action, XRP’s long-term fundamentals are also strengthening. Veteran XRP investor and market analyst Cobb, who has held the token since 2017, believes the recent 27-week consolidation phase is a precursor to a major breakout, not a retracement. Cobb dismissed recent fear, uncertainty, and doubt (FUD) surrounding tariffs and regulatory challenges, instead pointing to a broader macro shift favoring coin.

He believes 2025 could mark a breakout year for XRP, fueled by several bullish factors. A potentially pro-crypto Trump administration may create a more supportive regulatory environment, while increased clarity from institutions like the FDIC could boost investor confidence. At the same time, Ripple’s aggressive global expansion, highlighted by rumored partnerships with companies like Circle and growing adoption of the XRP Ledger, positions the cryptocurrency for significant growth.

Cobb has set a conservative price target of $11.34 for XRP by the end of 2025, calling it the “bare minimum” based on current momentum. However, he also acknowledges that the token could exceed this mark depending on how market conditions evolve.

The long-term bullish outlook for the coin is supported by the ecosystem’s rapid growth, including the launch of Ripple’s stablecoin RLUSD, the rise of on-chain AMMs on the XRP Ledger, a surge in TVL across meme coins and DeFi protocols, and real-world integrations that strengthen the coin’s role in cross-border payments and enterprise finance.

Related | Metaplanet Buys 1241 BTC to Outpace El Salvador in Bitcoin Holdings

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