XRP rebounds 19% from recent low, with $3.19 breakout eyed as key trigger for further gains.
Whale transfer of 20M XRP and net exchange outflows signal possible accumulation trend.
Short squeeze potential could push XRP to $3.40 if current resistance levels are surpassed.
XRP has staged a notable rebound, rising nearly 19% from its recent low after a strong rally earlier from $3.0031 to $3.6561. The cryptocurrency’s price action suggests that momentum may be rebuilding, with analysts pointing to higher targets if key resistance levels are cleared. At the time of writing, XRP was trading at $2.94.
Technical Setup and Analyst Targets
According to analysis prepared by BitGuru, XRP’s recent price movement follows a “bullish beauty” rally, a correction phase, and a sideways consolidation. This pattern has now given way to a bounce that could set the stage for a push toward the $4 mark.
https://twitter.com/bitgu_ru/status/1952699917253710293
EGRAG Crypto projects targets ranging from $4.89 to $48.90, depending on whether a standard or logarithmic scale is used. He identifies the “Bifrost Bridge,” a resistance zone that XRP has tested for over 240 days, as the pivotal breakout point. A weekly close above this zone could trigger the next major leg upward.
Crypto King observed that after breaking out in late 2024, XRP delivered a 585% return, with another 70% gain following the July 2025 breakout. “The real bull run has not even started yet,” he stated, maintaining a $7 target.
Whale Activity and Market Structure
Recent whale activity supports the bullish outlook. Whale Alert recorded a 20 million XRP transfer from Upbit to an unknown wallet, indicating possible accumulation. CoinGlass data also shows 29.38 million XRP in net outflows from spot exchanges in 24 hours, suggesting long-term holding behavior.
Short positions currently outweigh longs by a wide margin, creating conditions for a potential short squeeze. A move of 10–14% could push XRP toward $3.40 through forced liquidations. Technical charts show XRP trading in a falling broadening wedge, often a precursor to bullish breakouts.
A breakout above $3.19 would open the path to $3.30, while clearing $3.45 could trigger larger moves. Analysts note that holding above the $3 level remains key for sustaining momentum toward higher price targets.
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