XRP News Today: Ripple Price Targets Double-Digit Gains as Whale Longs Mirror Past Rally Setup

Trading just under $3.50, XRP is attracting renewed interest from both retail investors and institutional players, fueling optimism for double-digit price targets in the near future.

According to crypto analyst Ali, the XRP price has broken out of a bullish flag pattern on the weekly chart—a classic formation often seen before significant upside movements. “XRP pushed past $3.50, confirming the breakout after weeks of sideways accumulation,” he noted. This technical move signals a potential continuation of XRP’s broader uptrend, reigniting bullish sentiment in the market.

Despite a brief pullback of around 1.59%, XRP today remains resilient, currently hovering around $3.55. This stability, even after a substantial rally, indicates sustained buying interest and growing investor confidence. Analysts like Ali believe XRP could reach as high as $15, which represents a more than 300% increase from current levels.

XRP breaks out from consolidation, with whale longs and bullish technicals pointing toward a potential surge to double-digit prices. Source: Mgicwarmer on TradingView

While such a target may appear aggressive, historical precedence lends weight to the prediction. XRP previously rallied over 600% during a similar technical setup in a past cycle, suggesting that the token is capable of dramatic price action under the right conditions.

This bullish outlook aligns with the XRP price prediction 2025 narratives emerging across the industry. Many analysts believe that surpassing the previous all-time high of $3.84 could act as a psychological trigger, opening the gates to further gains.

Adding to the bullish backdrop, on-chain data shows whale wallets are making significant moves. Two large long positions—valued at $1.02 million and $1.31 million, respectively—were placed near the $3.44 level, hinting at growing institutional confidence. These positions emerged following a surge in XRP ledger activity and increasing volumes on derivatives platforms.

According to XRPScan, over $1 billion in XRP has been transferred in recent weeks, with 2.2 billion XRP moving into large wallets. Futures open interest has soared to $9.98 billion, while perpetual futures reached a new record of $10.98 billion, indicating that institutional traders are positioning ahead of a potential breakout.

Market analyst Martinez highlighted a key technical signal—the MVRV (Market Value to Realized Value) golden cross—flashing once again for XRP. This indicator, which previously preceded a 630% rally, suggests that investor confidence is strengthening and the asset may be transitioning from undervaluation to a period of accumulation.

XRP’s MVRV ratio has triggered a golden cross—a signal that previously preceded a 630% surge. Source: Ali Martinez via X

“If history is any guide, this pattern could mark the beginning of another explosive leg upward,” Martinez commented, adding that the ripple price could even approach the $21 mark under favorable market conditions.

Beyond technical indicators, speculation around an XRP ETF approval by the SEC continues to gather momentum. While no formal approval has been granted, the buzz has already had an impact. Last week, $36.1 million flowed into XRP-linked investment products, according to CoinShares.

These inflows suggest that institutional players are increasingly viewing XRP as a credible long-term asset, especially in light of growing regulatory clarity surrounding the Ripple vs SEC case. Any further positive developments in the XRP court case update today could serve as a powerful catalyst for price acceleration.

The convergence of bullish technical patterns, whale accumulation, and institutional positioning points to a pivotal moment for XRP. With its price holding steady around $3.50, the stage is set for potential moves toward $5, $6, and even $15, as predicted by leading analysts.

XRP was trading at around $3.44, down 1.37% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

While volatility remains part of the equation, the combination of chart signals, on-chain trends, and macroeconomic catalysts suggests that Ripple’s XRP could be entering a new phase of growth. Whether or not it achieves a 630% surge as seen in past cycles, the current setup presents a compelling case for further upside.