May 13, 2025 – XRP is back in the spotlight as market analysts forecast a potential price surge to $3.29, driven by intensified accumulation, bullish technical patterns, and increasing trading activity. After months of consolidation, the digital asset appears to be gathering upward momentum, rekindling investor optimism.
📈 Accumulation Signals Mounting Investor Confidence
According to on-chain metrics, XRP is experiencing a strong accumulation phase, with the Accumulation/Distribution (A/D) line steadily rising. This indicator suggests that large investors—commonly referred to as "whales"—are steadily buying and holding XRP rather than selling it off, signaling long-term bullish sentiment.
📊 Technical Breakouts Point to Upward Trajectory
MACD (Moving Average Convergence Divergence): The MACD line has crossed above the signal line, a classic indicator of bullish momentum.
RSI (Relative Strength Index): The RSI is nearing the overbought zone at 69.4, showing sustained buying pressure.
Trendline Breakout: XRP recently broke above a long-term descending resistance line that dates back to February 2024—an important technical breakout that could fuel a rally.
🌀 Elliott Wave Theory Suggests Wave 5 Breakout
Renowned crypto analyst Dark Defender has identified XRP’s current price action as part of Wave 4 in the Elliott Wave cycle—typically a consolidation phase before a powerful final wave. According to this model, Wave 5 could catapult XRP toward key resistance zones at $3.29, $4.20, and $5.00, with ultimate upside projections as high as $10.
🔥 Volume and Exchange Activity Support Bullish Case
XRP's daily trading volume recently jumped 145%, exceeding $10.5 billion, a major increase that often precedes strong price moves. Additionally, after weeks of net exchange outflows, XRP tokens are now flowing out of exchanges, implying that investors are securing their holdings in private wallets—a classic sign of HODLing behavior.
🧠 Analyst Outlook and Investor Sentiment
While short-term volatility remains, analysts remain optimistic about XRP’s medium-term trajectory. The target of $3.29 is viewed as a realistic milestone if current momentum persists. Many analysts point to regulatory clarity and institutional interest in RippleNet as potential catalysts for a sustained rally.
Conclusion:
XRP’s path to $3.29 appears increasingly plausible as strong technicals and on-chain data converge. While the market remains unpredictable, the signals suggest that XRP could be on the brink of a significant breakout—a move that could redefine its position in the crypto landscape.