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Ripple’s XRP has kept traders waiting—but that wait may soon pay off. A perfect storm of technical signals, whale activity, and regulatory progress is brewing, hinting at a possible breakout rally of around 15%. Let’s dive into why this could be the right time to keep a close eye on XRP.
Here are the 5 compelling signs traders shouldn’t ignore:
📈 1. Open Interest Surges Ahead of Major Testimony
In just two weeks, XRP’s open interest has jumped from $3.5 billion to nearly $5 billion—a clear sign that big money is positioning for movement. Many see the upcoming testimony of Ripple CEO Brad Garlinghouse before the U.S. Senate as a potential catalyst. Positive statements about fair crypto regulation could instantly boost market sentiment.
📊 2. XRP ETF Hopes Reach Record Levels
The buzz around a possible XRP ETF is getting louder. On prediction platforms like Polymarket, there’s now a 90% chance an XRP ETF could be approved by the end of 2025. Recent legal victories and the rising acceptance of crypto ETFs in the U.S. keep this hope alive—and ETF speculation often triggers quick price jumps.
🐋 3. Whales Keep Buying
The data doesn’t lie: large XRP holders are adding to their bags. Wallets holding 100 million to 1 billion XRP have reportedly added nearly a billion extra coins in recent days. Meanwhile, smaller whales, who own between 100,000 to 1 million XRP, scooped up around 30 million more. This accumulation hints that experienced players expect a move higher.
🏦 4. Ripple’s Bold Banking License Push
Ripple’s attempt to secure a banking license could be a game-changer. If approved, it would not only boost confidence in Ripple’s business model but could also draw institutional interest to XRP itself. Such moves often lead to significant new capital flowing into the asset.
🔺 5. Technical Breakout Pattern on the Charts
The chart is sending bullish signals too. XRP is forming an ascending triangle pattern, often seen before a strong upward move. If XRP can break and hold above the crucial $2.29 resistance, the next logical target is near $2.60—a potential rally of about 15%. Technical tools like RSI and ADX confirm that buyers still have momentum on their side.
✅ Why This Matters Now
As of now, XRP is trading around $2.29, showing slight growth in the past 24 hours. With rising whale accumulation, ETF optimism, and a potential technical breakout, the stage may be set for a surge.
If these signs align, those who act early could catch the move before the broader market reacts.
⚠️ Disclaimer
This article is purely informational and does not constitute financial advice. Always do your own research before making investment decisions. Neither the author nor The Crypto Basic can be held responsible for any financial losses.
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