XRP Price Prediction: Is a 3,900% Price Surge on the Horizon

XRP ETF News: Whales Add 500M XRP, Will ETF Approval Fuel Price?

XRP at a Turning Point: Whale Moves & ETF Hype

XRP is at a critical juncture as crypto whales have accumulated over 500 million tokens, sparking renewed investor optimism. With major asset managers filing for an XRP exchange-traded fund (ETF), speculation is mounting that institutional adoption could drive prices significantly higher.

At the same time, broader crypto market uncertainty has added to the bearish sentiment. Several top cryptocurrencies have broken below key support levels, and XRP is no exception. However, despite this downward trend, large-scale investors—commonly referred to as whales—have strategically increased their holdings, signaling strong confidence in a potential price rebound.

XRP ETF Filings: A Game Changer for Price Growth?

A key catalyst for a potential price surge is the recent filing of 19b-4 applications by the CBOE BZX Exchange to the U.S. Securities and Exchange Commission (SEC). These filings, made on behalf of asset management firms like Bitwise, Canary Capital, 21Shares, and WisdomTree, highlight growing institutional interest in XRP.

Historically, the approval of crypto ETFs has resulted in significant price increases due to increased institutional participation. If the SEC greenlights an XRP ETF, it could unlock substantial demand and further cement XRP’s position in the market, potentially driving prices to new highs.

Whale Accumulation Signals Strong Market Confidence

Amid the recent price dip, XRP whales have been accumulating vast amounts of tokens. According to leading crypto analyst Ali Martinez, whales have collectively added around 520 million XRP to their portfolios.

This level of buying activity suggests an underlying bullish sentiment, reinforcing the notion that major investors are positioning themselves for a potential breakout. Historically, large-scale accumulation during market dips has often preceded significant price rallies, adding weight to predictions of an impending XRP surge.

XRP Price Prediction: Are We Repeating 2017’s Historic Breakout?

Analyzing XRP’s price history reveals striking similarities between the current market movement and the patterns seen in 2017. Back then, XRP initially struggled to break past its previous all-time high but eventually skyrocketed after a breakout.

If this historical pattern plays out again, XRP’s next target could be an astonishing $99—a staggering 3,900% increase from its current levels. While such a prediction may seem highly ambitious, previous market cycles indicate that such exponential growth cannot be entirely ruled out

XRP’s Current Market Performance and Key Support Levels

In the last 24 hours, XRP price has declined by 2.70%, with a trading volume of $7.8 billion, reflecting a 5.38% increase in trading activity. Over the past seven days, the token has dropped 21.33%, indicating heightened selling pressure. Despite this, XRP still holds a market cap of $140.24 billion, showing resilience despite recent declines.

Currently, XRP is testing the $2.42 support level, which aligns with the 0.236 Fibonacci retracement. If this level holds, XRP could rebound towards $3.03—a key resistance level. Breaking above $3.03 may trigger a rally toward $3.50–$4.00, especially if buying momentum strengthens. Conversely, if XRP fails to maintain support at $2.42, a pullback to $2.05 or even $1.75 could occur, making these attractive accumulation zones for long-term investors.

Source: TradingView

Will XRP Surge Back Up? Key Price Levels to Watch

Looking ahead, XRP must break through the immediate resistance at $2.50 to confirm a bullish turnaround. A successful breakout above this level could send the token toward $3.30, signaling a potential trend reversal.

However, if bearish pressure continues, XRP could slide to $2.05. In a worst-case scenario, intensified selling could push the price down to its critical support at $1.75. Traders and investors should monitor these key levels closely while keeping an eye on whale activity and ETF-related developments.

Final Thoughts: Is This a Defining Moment for XRP Investors?

XRP’s market position remains at a crucial crossroads. While price action remains uncertain, the substantial accumulation by whales and ongoing ETF speculation suggests a strong underlying bullish sentiment. If historical trends hold true, XRP could be on the verge of a massive breakout.

Investors should stay informed about key support and resistance levels while closely following market trends. With institutional interest growing and whales betting big on XRP, the coming weeks could be pivotal for the token’s future.