Chainlink Whales Waking Up \u2013 Data Shows Signs Of Accumulation<\/a><\/div>\nHowever, the possibility of a failed breakout above $0.92 cannot be ignored. If the price struggles to hold this level, XRP could enter a consolidation phase, remaining range-bound until new catalysts emerge. Such a scenario would likely delay the next major move but might offer opportunities for accumulation.<\/span><\/p>\nAs the price continues its climb, traders and investors are closely monitoring these key levels, recognizing that the outcome could define the next chapter of XRP\u2019s price action in this bullish cycle.<\/span><\/p>\nFeatured image from Dall-E, chart from TradingView<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"XRP is making waves in the crypto market, trading at $0.82 after setting new yearly highs following an impressive 65% surge in just a few days. This rally has captured the attention of investors and analysts, with top analyst Carl Runefelt sharing insights into XRP\u2019s bullish breakout. According to Runefelt, XRP has finally broken above a multi-year resistance level, signaling the potential for a massive rally to higher prices in the coming weeks. Related Reading: Bitcoin Weekly RSI Entering Power Zone \u2013 Last Time BTC Soared 80% Adding to the optimism, recent positive developments in the broader crypto space have further boosted market sentiment. Reports suggest that SEC Chair Gary Gensler may step down, a move that potentially reduces regulatory pressure on the crypto industry. Elected President Donald Trump’s pro-crypto stance and policies also spark renewed interest and confidence among crypto enthusiasts. These factors have created an environment where XRP appears poised for significant gains. As investors watch closely, the focus remains whether XRP can sustain this momentum and continue pushing higher. With key resistance levels cleared and favorable news driving sentiment, XRP is positioning itself as one of the most promising assets in the crypto space right now. XRP Staring A Bullish Phase\u00a0 XRP has entered a promising new bullish phase after years of lackluster performance and prolonged legal battles with the SEC in the U.S. This resurgence sparks optimism among investors and analysts alike, with top crypto analyst Carl Runefelt sharing a compelling technical analysis on X.\u00a0 Runefelt highlighted XRP\u2019s breakout from a multi-year resistance level, which signals a significant shift in its price trajectory. In his analysis, Runefelt cautiously predicted that XRP could reach $2 during this bull cycle, a modest target compared to analysts who foresee price levels soaring past $20. The breakout marks a turning point for XRP, which has faced years of sideways price action and persistent selling pressure. Legal setbacks, regulatory uncertainty, and market skepticism had kept the asset underperforming relative to its peers. However, with favorable developments in the broader crypto market and the ongoing adoption of blockchain solutions, XRP is regaining its footing. Related Reading: Solana \u2018God Candle Is Close\u2019 As It Breaks From Crucial Resistance \u2013 Top Analyst Many believe the coming months could be transformative for XRP, with the potential to finally rise above its previous all-time high of $3.84 set in January 2018. As bullish momentum builds and investor confidence strengthens, XRP is positioned to be one of the standout performers in this market cycle. Bullish Price Action: Key Supply Levels To Watch XRP trades at $0.82 following a massive breakout that clears multiple resistance levels, signaling renewed bullish momentum. This surge has reignited optimism among investors as XRP demonstrates strength after prolonged underperformance.\u00a0 The next critical supply level for XRP to test lies at $0.92, a price point it hasn\u2019t revisited since 2021. A successful breakout above $0.92, followed by consolidation and support building at this level, could open the door for significant upward movement. If XRP maintains its bullish momentum and establishes $0.92 as a support zone, demand could skyrocket, propelling the price toward the $1.4 level. This would mark a significant milestone, aligning with broader market optimism and strengthening investor confidence in XRP\u2019s long-term potential. Related Reading: Chainlink Whales Waking Up \u2013 Data Shows Signs Of Accumulation However, the possibility of a failed breakout above $0.92 cannot be ignored. If the price struggles to hold this level, XRP could enter a consolidation phase, remaining range-bound until new catalysts emerge. Such a scenario would likely delay the next major move but might offer opportunities for accumulation. As the price continues its climb, traders and investors are closely monitoring these key levels, recognizing that the outcome could define the next chapter of XRP\u2019s price action in this bullish cycle. Featured image from Dall-E, chart from TradingView<\/p>\n","protected":false},"author":617,"featured_media":653291,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[16365,15065,3690,4531,83637,13172,15883,91056,78763],"class_list":["post-653290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-latest-ripple-news","tag-ripple-sec","tag-ripple-xrp","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-analysis","tag-xrp-price-breakout","tag-xrpusdt"],"acf":[],"yoast_head":"\n
XRP Breaks Above Multi-Year Resistance \u2013 Top Analyst Shares Price Target<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n