XRP is making waves again and this time, the rally might just be getting started. Analysts are eyeing a potential 480% surge, projecting that XRP could reach $17 in the coming months if current bullish momentum holds.
📈 XRP Breaks Bull Flag Resistance
Retail traders are piling into XRP, driving demand and pushing the price above a key bull flag resistance. This breakout pattern, supported by technical indicators, hints at a large move ahead. Based on the height of the flagpole, $17 becomes a realistic target as long as buyer exhaustion doesn’t kick in.
🔍 Technical Indicators Signal Strength
The ADX (Average Directional Index), which had slumped over the past six months, is now turning upward—signaling that bullish momentum is strengthening. Meanwhile, the RSI (Relative Strength Index) has risen to 69, showing strong buying activity and room for further upside before hitting overbought territory.
On-Chain Activity Confirms Hype
According to Santiment, daily active addresses surged from 58,000 to 88,000 in just two days a 50% jump that reflects growing investor interest.
At the same time, open interest in XRP futures has crossed $10 billion, as reported by Coinglass, signaling that speculative trading is heating up. Rising funding rates further support the bullish outlook.
🏛️ Regulatory Catalyst: The GENIUS Act
The bullish sentiment is also being fueled by mounting speculation that the GENIUS Act a proposed U.S. crypto regulatory reform—could benefit XRP. With clarity around XRP's legal status improving and broader crypto regulation becoming more investor-friendly, XRP may be in a perfect position for its next leg up.
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