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- XRP market cap now exceeds Shopify, Verizon, and Citigroup.
- Analysts see $3.60 as key resistance before $4–$23 targets.
- ETF launch speculation is driving strong bullish momentum.
XRP has staged a striking rally, propelling its market capitalization beyond global heavyweights Shopify, Verizon, and Citigroup. The altcoin recently climbed above $3.10, securing a 12% weekly gain and emerging as one of the top-performing digital assets in recent weeks.
According to Companies Market Cap, XRP’s market value now eclipses Shopify, which powers millions of online stores, Verizon with over 140 million customers, and Citigroup, which manages trillions in assets. This milestone has reinforced confidence in XRP’s status as a leading global asset, fueling renewed interest from retail traders and institutional analysts alike.
Analysts Eye Breakout Above $3.60 Resistance
Momentum indicators suggest XRP’s rally may only be beginning. Analysts highlight $3.60 as the key resistance level that could unlock higher targets. XRP CRO has pointed to a forming bull flag pattern on the weekly chart, projecting potential moves toward $6, $13, and even $23 if momentum accelerates.
Similarly, analyst Dark Defender noted that XRP is breaking its initial weekly resistance, identifying Fibonacci targets at $4.39 and $5.85. He also flagged support levels near $3.01 and $2.85 as crucial to sustaining the rally. Meanwhile, Egrag Crypto cited a symmetrical triangle pattern showing equal odds of a major breakout or retracement, stressing that a decisive bullish candle close above $3.07 within days is essential to maintain momentum.
Ripple ETF Speculation Adds Fuel to the Rally
A major catalyst behind the surge is growing speculation over a forthcoming U.S.-based XRP exchange-traded fund. Bloomberg analyst James Seyffart stated that REX-Osprey’s XRP ETF could launch as early as next week, after a brief delay. The anticipation of an ETF listing has amplified bullish sentiment and brought new liquidity into the market.
If XRP maintains its momentum, analysts say a breakout to $4.20 could set a new all-time high. For now, traders are closely watching price action around $3.60 as the next decisive test of strength.
A Defining Moment for XRP
XRP’s climb past household-name corporations marks a turning point, positioning the token as a serious contender among global financial assets. With ETF speculation building and technical indicators flashing bullish, XRP could be entering one of its most pivotal phases yet.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
