🔥 XRP SHATTERS 6‑Year High—Could $10 Be On The Radar? 🔥
In the last 24 hours, XRP has blasted up over 20%, surging to $3.61, its highest level since 2019 — fueled by a flood of institutional buying and breakout traders . Analysts are now whispering an eye‑popping $10 price target—a 175% rally from here if momentum holds !
What’s powering this mega move?
Record Futures Activity: XRP futures open interest has reached levels not seen in five months—$7–10B in OI, signaling massive institutional bets #.
Legal & ETF Tailwinds: Clearing of SEC overhangs, along with growing speculation of XRP-based ETFs, are unbeatable catalysts.
Whale Involvement: Giant wallets are gobbling up XRP—on‑chain data shows over half the float is being accumulated at record volume .
💡 Technical Breakdown
Triangle Breakout Confirmed: XRP popped from a multi-year triangle pattern with accelerating volume. Fibonacci extensions now point to targets between **$5.96, $8.99, and even $16+** .
Wave 5 in Progress: Elliott Wave models forecast that XRP is entering its explosive final wave—possibly skyrocketing toward $15 or beyond .
Critical Zones to Watch: Near-term hurdle at $3.20–3.30; if that cracks with volume, XRP could power through to $6+. Support lies around $2.60–2.50.
⚡ What This Means for Traders
Scenario Price Action
Bullish Breakout XRP above $3.20 could unlock moves toward $6–$10—a potential +175–300% leap.
Rejection Risk Failure at $3–3.2 zone may trigger a pullback to $2.50–2.60, potentially a strong value entry.
➡️ Keep $3.20 + volume on your radar. If that breaks, things could get explosive—and fast.
🔚 TL;DR
XRP spiked 20% to ~$3.61, its highest in six years .
Futures open interest surges; whales and institutions are stepping in .
Technical setups (triangle breakout + Elliott Wave) hint at a $6–$16+ upside, with $10 squarely in play .
If clears $3.20, expect a rally to $6, maybe even $10 or more—but support at $2.50–2.60 must hold.