“Is a storm of XRP surging imminent? Analysts exclaim: a 2900% increase is within reach!”

The price of XRP is brewing a spectacular rebound. Several analysts have stated that XRP has completed a crucial correction and has entered the accumulation phase before an explosion, with expectations of soaring to $12 in the coming years, an increase of up to 2900%.

The return of whale accumulation

On-chain data shows that large holders have increased their holdings by 440 million XRP in just one month, with wallets holding between 10 million and 100 million XRP rapidly expanding their positions. This large-scale whale activity typically indicates a strong optimism for future prices.

Technical analysis releases strong bullish signals

XRP recently broke through a key descending wedge, with technical analysts pointing out that this breakout is very likely to initiate a new round of upward movement. Currently, $2.36 is a short-term resistance; if this point can be broken, the target will aim directly at $2.59, with even greater potential to challenge the $8 to $9 range.

Seven years of buildup, one explosive day?

A seven-year historical support level has become a solid foundation for XRP. Analysts believe that this “seven years of sharpening a sword” consolidation is about to usher in a qualitative change. Once broken, this will mark the beginning of the third wave of Elliott Wave theory—historically the most intense upward surge.

The technical formation of XRP and the continuous accumulation by whales have set the stage for this significant rise, with the market focusing on the breakout at $2.36, which, if successful, will open the door to new historical highs.