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Key Takeaways:
- XRP is consolidating below its ATH, indicating a potential breakout this weekend.
- Whale accumulation and rising on-chain activity signal bullish undercurrents.
- A break above resistance could lead XRP to new highs, with $10 a possible long-term target.
The XRP price is currently consolidating just below its previous all-time high (ATH), suggesting an imminent breakout. After a strong multi-week rally, the token is trading within a tight range—a technical sign of possible explosive price action ahead. Traders are closely watching XRP this weekend, as momentum indicators align with historical patterns that often precede significant price shifts.
Whale Accumulation and Network Activity Signal Strength
Recent on-chain data supports the bullish case. Large XRP holders—known as whales—have resumed accumulation despite minor profit-taking by older wallets. Wallets with over 10 million XRP have steadily increased their holdings, a sign of growing institutional confidence. Concurrently, active wallet addresses and futures open interest have both climbed, pointing to rising user participation and investor engagement.
XRP’s transaction volume has also trended upward alongside its price, reinforcing the sustainability of the rally. Network growth remains consistent, adding further weight to the argument that this is more than just a speculative surge. These on-chain dynamics create a foundation for the price to push higher—if bullish momentum persists and macro conditions remain supportive.
Critical Resistance in Sight: Will XRP Surpass It?
XRP has reclaimed major historical levels and is now pressing against a crucial resistance zone. Technical indicators show higher lows and a coiling price structure, both classic signs of a market primed for breakout. The Relative Strength Index (RSI) remains just below overbought levels on the weekly chart, suggesting there’s still room for bullish continuation before a potential cooldown.
If buyers manage to push XRP above this resistance, a move toward a new ATH—potentially above $4—is likely in the short to mid-term. However, failure to break through may result in a temporary correction before another attempt.
Long-Term Outlook: Can XRP Reach $10 in 2025?
Looking further ahead, XRP’s path to $10 hinges on several factors, including regulatory clarity, cross-border adoption, and Ripple’s ongoing legal battle with the SEC. Should these hurdles clear and the current market structure hold, XRP could realistically target the $5–$7 range before the end of 2025, with $10 as a stretch goal under ideal conditions.
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
