XRP Price Forecast

 Bullish Technical and Fundamental Trends Set the Stage for a Breakout

XRP is gearing up for what appears to be an inevitable bullish breakout, with both technical indicators and strong fundamental catalysts converging to drive the digital asset higher. Amid anticipation over the resolution of the Ripple vs. SEC lawsuit under the Trump administration, market participants expect XRP to surge beyond the current levels and potentially break past the $4 mark in the near term.

Technical Overview: Building Momentum

Over the past hour, XRP has traded in a narrow range between **$2.58** and **$2.61**, while the 24-hour price has oscillated between **$2.48** and **$2.64**. The asset recently rebounded from the support zone that hovered between **$2.27** and **$2.38** over the past three weeks. Currently, trading around **$2.65**, XRP is attempting to transform the resistance level near **$2.70** into a firm support base.

This technical recovery is bolstered by a macro bullish outlook; XRP closed November, December, and January with green candles. Notably, the monthly Relative Strength Index (RSI) has remained above 74% since November 2024—a level not seen since January 2018—indicating strong buying pressure and a healthy momentum buildup.

Midterm Technical Insights and Elliott Wave Analysis

Renowned crypto analyst Dark Defender has weighed in on XRP’s technical outlook, suggesting that on the weekly timeframe, the token is concluding the second wave of the Elliott Wave cycle. According to his analysis, XRP is set to complete an ABC correction phase, with the price likely consolidating between **$2.44** and **$1.99** before igniting the third wave. This anticipated upward move is expected to coincide with the broader bull cycle anticipated for 2025.

If XRP successfully rebounds from these support levels, Dark Defender forecasts that the price could target a midterm range between **$5.8** and **$8** in the coming weeks. Key levels to watch include supports at approximately **$2.4467** and **$1.9996**, with resistance zones near **$2.6052**, **$3.3999**, **$5.8563**, and above **$8**. Maintaining support around **$2.60** is critical, as it could pave the way for a robust breakout.

Renewed Whale Activity: A Bullish Signal

Recent on-chain data analysis from Santiment has highlighted a significant influx of whale activity. Crypto whales—accounts holding between 10 million and 100 million XRP—have collectively purchased around 150 million XRP units over the last 48 hours. This aggressive accumulation has increased their control to approximately 6.9 billion XRP coins. Such substantial whale purchases suggest that large-scale investors are confident in XRP’s near-term potential, further reinforcing the bullish outlook.

Fundamental Catalysts: Regulatory Shifts and Institutional Adoption

The potential resolution of the Ripple vs. SEC lawsuit is a major fundamental catalyst. The end of this legal battle under the Trump administration is expected to lift a longstanding headwind that has suppressed XRP’s growth since 2020. As the case nears its conclusion, market optimism is growing, with expectations that the lawsuit will be dropped soon, thereby clearing the path for further institutional adoption.

Moreover, the anticipated approval of spot XRP ETFs in the United States is poised to enhance mainstream acceptance. With a more crypto-friendly regulatory environment emerging—bolstered by recent policy shifts and supportive posts by high-profile figures like President Donald Trump on Truth Social—XRP is attracting renewed interest from institutional investors. Such developments are likely to drive substantial capital inflows into the asset.

 Strengthening the XRP Ecosystem

Beyond regulatory developments, Ripple is actively upgrading its XRPL (XRP Ledger) to compete with other leading layer-one chains like Ethereum and Solana. With over 5 million on-chain users and the introduction of Ripple USD (RLUSD) as a reliable stablecoin, the XRPL network is improving its liquidity and overall utility. These advancements further enhance XRP’s long-term growth prospects, making it an increasingly attractive investment option.

 Conclusion

Both technical and fundamental factors are aligning to set the stage for a bullish breakout in XRP. With strong momentum indicators, renewed whale accumulation, and pivotal regulatory changes on the horizon, XRP appears well-positioned to move beyond its current trading range and potentially surge past the $4 mark. If the anticipated bullish wave materializes, XRP could rally into a midterm target zone of **$5 to $8**, marking a significant turnaround for the asset.