XRP Price Prediction: $2.36 Breakout Critical for May 11 Rally to $3

• XRP jumps to $2.36 as Wellgistics adopts token for treasury and real-time healthcare payments
• Whale Alert flags 29.53M XRP transfer to Coinbase, raising market caution amid rally
• Bollinger Bands expand as XRP tests $2.36 resistance, analysts eye $2.50–$3.00 range

XRP is back in the spotlight as bullish momentum grips the token, now trading at $2.36 after a 3% daily gain. Fueled by a 15% surge in trading volume, XRP traders now look to May 11 with keen interest.

Now, a major announcement from Wellgistics Health, a Nasdaq-listed company (WGRX), looks like the main spark for XRP’s current rally, and it’s giving us some strong clues for tomorrow’s price.

Wellgistics’ XRP Adoption: Bullish Indicator for May 11 Price

By adopting XRP as both a treasury reserve asset and a real-time payments medium, Wellgistics is pioneering a potential use case that could revolutionize how payments are processed in the healthcare sector.

The use of XRP, with its sub-$0.0002 transaction costs and 3-5 second settlement speeds, offers a sharp contrast to the slow and costly traditional banking systems.

Given Wellgistics’ broad reach of over 150 manufacturer contracts and a network of 6,000+ pharmacies, this move could not only legitimize XRP in institutional finance but also create a precedent for industry-wide adoption.

XRP Whale Activity: A Cautionary Note for May 11 Price

However, a notable XRP whale movement introduces a caution for May 11. On May 9, blockchain tracking firm Whale Alert reported a transfer of 29.53 million XRP (worth over $69 million) to Coinbase from an unknown wallet. This large-scale movement is viewed as a potential sell-off signal.

While such large transfers can sometimes be internal CEX movements or over-the-counter (OTC) settlements, the market often interprets these events as bearish signals, possibly indicating sell pressure that could affect XRP’s price tomorrow.

On the other hand, a well-known voice in XRP forums, Pumpius, has reignited the idea of a global financial reset, where XRP would play a central role. 

Pumpius describes XRP as more than a token, calling it “citizenship paper in the post-reset financial empire,” and suggests XRP holders are well-positioned for this shift, unlike those holding fiat or other speculative coins. 

XRP Technical Outlook: Key Levels for May 11

XRP’s daily price chart (XRP/USDT) provides key technical indicators for its May 11 performance. The Bollinger Bands are starting to expand after a tight squeeze, with price now testing the upper band at $2.35–$2.36. A breakout above this zone could indicate the start of a new bullish phase. Support lies around $2.20 (middle Bollinger Band) and $2.07 (lower Bollinger Band).

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Additionally, RSI sits at 63, approaching the overbought region but still allowing room for further upside. The RSI also broke above its moving average, hinting at bullish continuation.

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If XRP decisively breaks above $2.36, we could see it rally toward the next resistance at $2.50, with a potential stretch to $2.80–$3.00 if momentum continues. Institutional interest and a strong narrative could push XRP back toward its December highs near $3.50.