XRP Price Prediction: Breakout + 6.6M Holders = Perfect Storm – Is XRP Preparing for Its Largest Rally Ever?
2025-07-10 17:03:42
Main Idea
The XRP price is showing significant growth, with potential for a major rally due to a breakout from a falling wedge pattern, increased trading volume, and the possibility of XRP ETF approvals.
Key Points
1. XRP price has risen by 4% in the past 24 hours and 6% in a week, reaching $2.43.
2. XRP has broken out from a falling wedge pattern, signaling a potential shift towards the next resistance zone around $2.60.
3. Trading volume for XRP has increased from $2.5 billion to $4.5 billion in a day.
4. The number of XRP holders has surpassed 6.6 million, indicating growing interest.
5. Potential approval of XRP ETFs by the SEC could significantly boost the XRP price, possibly reaching $3 by the end of summer.
Description
The XRP price has risen by 4% in the past 24 hours, moving to $2.43 on a day of significant gains for major tokens. XRP is now up by 6% in a week and by 11% in the past fortnight, with the coin breaking out of a pennant that had been forming since the start of the year. And with the alt also passing 6.6 million users in the past couple of weeks, it seems to have entered a new period of growth. Such growth could accelerate in the event of XRP ETF approvals, something which would point towards a v...
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