🚀 XRP Price Surge Signals Bullish Momentum — Breakout in Progress! 💥
According to @Cointelegraph, $XRP has soared 55%+ since April, rising from a local bottom of $1.61 — and the rally may be just beginning!
What’s driving the momentum?
🐋 Whale flows have turned positive for the first time since Nov 2024
Whale outflows slowing, signaling accumulation
📈 90-day moving average of net flows flips bullish
📊 RSI bounces back above 57, showing renewed buyer strength
🔥 Technical breakout from a multi-month falling wedge!
Key Chart Signals:
Breakout confirmed at $2.25 (above the 50 EMA)
Target: $3.45 — ~40% upside from current levels!
Resistance to watch: $2.80
Support: 50-period EMA now acting as a bullish base
Flashback: XRP rallied from $0.43 → $3.55 (July 2024 – Jan 2025) = 400% gains
History doesn’t repeat, but it often rhymes — and whales are back!
Short-term outlook:
Some consolidation may occur before the next leg up. Whale accumulation phases like this have historically preceded major rallies.
⚠️ Reminder: This is not financial advice. Always DYOR before making trading decisions.
