XRP Rally: Institutional Demand, Technicals Fuel $4+ Target
XRP rally extends to $3.62, driven by rising institutional demand and bullish technical indicators. Veteran trader Peter Brandt spots a continuation pattern targeting $4.47. Analyst Ali Martinez cites an MVRV golden cross, echoing previous 600% gains and forecasting a long-term peak above $22.
Potential XRP ETFs could redirect Bitcoin ETF inflows toward XRP, pushing price toward $29.89 if funds capture 35% of BTC ETF flows. On-chain whale accumulation and firm support around $3.5 suggest resilience. Ripple’s CBDC partnerships and cross-border payment solutions further underpin demand. Despite bullish momentum, analysts warn of sharp pullbacks as profit-taking heats up. Traders should monitor regulatory updates, ETF approvals, and volatility. Overall, the XRP rally blends technical setups with institutional catalysts to fuel targets above $4 while cautioning on potential corrections.
Bullish
The unified news highlights a strong bullish impact on XRP. In the short term, technical patterns like the continuation setup and MVRV golden cross support further upside toward $4 and beyond, driven by whale accumulation and institutional inflows. Potential XRP ETF approvals and growing CBDC partnerships add buying pressure. Long term, forecasts ranging from $22 to $116 factor in cross-border solutions and redirected Bitcoin ETF funds. While profit-taking could trigger intermittent corrections, the overall sentiment and institutional catalysts favor sustained upward momentum, categorizing this news as bullish.