Price set ATH at ~$3.65, driven by a wave of friendly crypto laws, ETF futures $XRP , and large investors pouring in – targeting $5–10 in the near future.
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1. Update today (Real-time Snapshot)
Current price: ~$3.45, slightly down about –5% compared to yesterday
24h volatility: fluctuating between $3.36–$3.63 – with a peak session of $3.66
24h Volume: ~$23 billion (volume-to-market cap ~11%) – very high, significantly up compared to last week
Market Cap: ~ $208–210 billion (ranked 3rd in the market)
Sentiment: Very positive – up 35–55% compared to 30 days ago
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2. News & Price momentum (Catalysts & Narratives)
🔹 Short-term catalysts
Wave of friendly crypto laws in the US: GENIUS Act + Clarity Act passed by the House → boosting strong investment sentiment
XRP futures ETF has been released (ProShares, Tuttle Capital…) → institutional capital pouring in steadily & rapidly
Large cash flow from whales & businesses: concentrated trading $7.1 billion), VivoPower/Webus holding ~$421 million XRP
🔸 Long-term narratives
Phase 4 & historical breakout: surpass ATH $3.40–3.65, entering a new discovery phase – expecting to expand to $21.5 according to Fibonacci extension on the medium-term frame
Clear regulatory clearance: Ripple vs SEC nearing conclusion and US laws supporting crypto → XRP benefits significantly
High valuation assessment makes sense: Forecast $5–10 by the end of 2025 if momentum and ETF continue – all AI/financial model forecasts are positive
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3. Technical analysis & Scenarios (TA & Scenarios)
🔍 Chart & model
Breaking out of long-term accumulation triangle → entering Fibo Phase 4
"W pattern" breakout neckline around ~$3.40 with surge in volume
🔍 Indicators
RSI very high (~89) signaling overbought – may have short-term correction
MACD strong divergence → confirms bull trend
Volume & volume-to-cap very high (~11%) → strong liquidity and signs of continued upward trend
🧭 Support – Resistance
Support: $3.25–3.40
Resistance: Current zone ~$3.65; paving the way to $4.00–5.00, potentially up to $6–10 in the long term
📊 Scenarios:
✅ Bull case: Maintain $3.40 + volume > $20 billion → continue to rise to $4–5, potentially up to $10+ if ETFs & laws remain favorable.
❌ Bear case:
RSI overbought + correction → retest $3.25–3.40, if this area is lost, the price could drop to $2.90–3.00 before deciding the next trend.
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💡 4. Proposed investment strategy
Short-term trader
Entry: $3.40–3.45 when price retests breakout
Trigger: close candle >$3.65 with volume >$25 billion
Target: $4.00–4.50
SL: < $3.25
Medium–long term holder
Accumulate: $3.25–3.40
Narrative: ETF futures, clear legislation, large investors participating → strong upward momentum
Take profit: Depends on the timeframe:
Short: $5
Medium: $6–10
Risks: Overbought, short-term correction, ongoing regulatory volatility
⚠️ Not investment advice. DYOR & manage capital.