XRP Price Could Surge 16% – Here’s Why
The post XRP Price Could Surge 16% – Here’s Why appeared first on Coinpedia Fintech News
XRP price today is again testing the $2 support level, a zone that has held firm several times this year. Each time XRP slips to this range, buyers step in, and the same behavior is unfolding now.
XRP whales are buying more, ETF inflows are increasing, and the price is moving in a tight range. Top analyst Ali Martinez thinks this could lead to a 16% price jump.
XRP Price Rebounds From $2 Support
XRP price dropped toward $2.00 before bouncing back above $2.08, showing early signs of strength. While the price rise itself was small, something notable happened in the background as the trading volume jumped by 77.5%.
This stood out because Bitcoin, Ethereum, and Solana all saw declines in both price and volume at the same time.
Analysts say this kind of split behavior often shows quiet buying during dips, especially by whales looking to build positions before a bigger move.
Institutional & Whale Activity Tightening Supply
Bitnomial’s CFTC approval to offer an XRP/USD spot contract has increased interest from regulated U.S. investors.
At the same time, spot XRP ETFs have already attracted close to $900 million in inflows since launching, pointing to steady demand.
Ripple also drew attention after moving 250 million XRP into an unknown wallet. Shortly after, exchange balances dropped by 2.51%, meaning fewer tokens are sitting on trading platforms. When available supply shrinks like this, it often signals that major players are positioning for a move rather than selling.
XRP Price 16% Breakout Coming
Looking at the chart, Ali Martinez notes that XRP is moving inside a tightening symmetrical triangle, a pattern that often leads to sharp breakouts.
Over the past week, XRP has been squeezed between $2.03 and $2.18, signaling that volatility is compressing. He suggests that when such a squeeze occurs, volatility is compressed, and when it releases, it usually does so quickly.
Therefore, Martinez expects a 16% breakout once XRP escapes the triangle, which would place XRP near $2.40–$2.45 if it breaks the upper trendline.
But if XRP slips below $2.02, traders warn of a possible drop toward $1.85–$1.90.
With whales buying, supply tightening, ETFs pulling fresh inflows, and the chart reaching its final squeeze point, XRP sits at a crossroads.
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