Key takeaways:
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XRP’s strongest phase premium suggests real demand for purchase, not just speculation -trading in futures.
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The number of XRP addresses holding ≥10,000 tokens continues to climb, even with previous price pullbacks.
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A falling wedge pattern points to a possible breakout to $ 3 to $ 3.78, with up to 70% upside down if confirmed.
XRP (XRP) is experiencing the strongest sustainable phase of the premium spot in history, a period where the market area continues to trade at a stronger level compared to eternal futures.
350% XRP rally supported by real demand
Since 2020, most major XRP prices have occurred when the Perpetual Futures Market is leading, noted Market Analyst Dom In his May 2 post at X.
XRP futures prices are higher than the spot has signed an excessive speculation and leads to sharp price collapse.
Like 2025, a premium area suggests that demand from actual XRP consumers drives the rally, pointing to a more stable price increase compared to previous running runs activated by leveraged bets.
Further Case Strengthening for True Demand, Glassnode Data Shut up A constant increase in the number of XRP addresses holding at least 10,000 XRP (the green wave on the chart below) since late November 2024.
XRP price is Rally by approximately 350% since.
The XRP whale count increased even during the 35% pullback price between January and April. It suggests that larger holders – often viewed as more patients or strategic investors – continue to accumulate positions in expecting additional advantages.
Optimism is that -fueled by improving the odds of the spot XRP ETF approved the US. The US Securities and Exchange Commission (SEC) decision I -Drop the lawsuit against ripple will further strengthen the upside down market sentiment.
Related: Sec
The falling of the wedge hints at the 70% XRP price rally
XRP is combined -s with a Falling Wedge Pattern In the weekly chart-a structure defined by down-sloping, converts trendlines. In technical examination, this pattern is usually viewed as a bullish reversal signal.
A confirmed breakout requires a clear move above the upper resistance of the wedge near $ 2.52.
If the XRP breaks this level, the measured pattern transfer – calculated from the maximum wedge height – suggests a potential rally to $ 3.78 in June. This represents approximately 70% upside down from current prices.
Conversely, if the XRP fails to break above $ 2.52 resistance, the price may return back to the lower wedge. The top of the pattern near $ 1.81 can act as the final potential breakout point.
A breakout from the $ 1.81 level will still retain the pattern structure, with a potential reversed target around $ 3 in June or July – approximately 35% above the current levels.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
