- XRP nears breakout with key targets set at $10, $18, and $27 soon.
- Major whale transfers signal increased market interest ahead of XRP’s 13th year.
- Technical pullbacks to $1.88–$1.93 seen as healthy within bullish momentum.
XRP is generating serious buzz again as analysts suggest a possible surge in its value in the coming cycle. With the price hovering around $2.17 at press time, is now entering a crucial technical phase, drawing renewed interest from traders and investors.
Despite a 7.69% dip over the past week, XRP managed a 0.63% gain in the last 24 hours. Its market cap now exceeds $127 billion, reinforcing its position as one of the most valuable cryptocurrencies in circulation.
XRP Targets Set at $10, $18, and $27
EGRAG CRYPTO has laid out a bold outlook for XRP, presenting a multi-tiered price target at $10, $18, and even $27. These levels are based on the 2-week chart’s technical structure, which has shown bullish patterns developing. The chart suggests a critical breakout phase may be nearing, assuming XRP holds current momentum.
Mixed Signals Across Timeframes: Key XRP Levels to Watch
Additionally, the 21, 33, 55, and 111 simple moving averages (SMAs) across multiple timeframes give clarity on trend direction. On the 2-week chart, a temporary wick may drag XRP down to $1.93. However, this is seen as a healthy pullback within a broader upward structure.
On the 1-week chart, resistance lies between $2.41 and $2.73, zones that traders should watch closely. The 5-day chart points to a pullback toward $1.88, while the 3-day timeframe suggests a significant decision point at $2.10. On the daily chart, movement remains volatile with tangled indicators what the analyst calls a “spaghetti mess.”
Whale Transfers and XRP’s 13th Anniversary Signal High-Interest
Ripple has initiated major token transfers totaling over 500 million XRP, catching the attention of Whale Alert. In just hours, 50 million XRP moved, followed by 670 million locked in escrow.
Shortly after, an unknown wallet sent 170 million XRP to Ripple. The final transfer involved 330 million tokens. These movements are significant, especially as they align with XRP’s 13th birthday, celebrating the moment Arthur Britto coded the original 100 billion tokens back in 2012.
Such activity hints at strategic moves by Ripple and possibly preparation for increased market liquidity. These transfers often precede significant price action, making them critical for investors to monitor.
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