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XRP Mid-Year Price Outlook: What’s the Potential Ceiling?

Crypto markets are gaining ground today, with Bitcoin climbing approximately 3%, now trading near $108 K. XRP also saw upward movement, jumping 3% to $2.25, following a 7% increase yesterday. An overview of analysts’ predictions for the price of XRP is provided below.

XRP coin with bar chart and falling red trend line symbolizing mid-year price outlook and market uncertainty

Bullish Targets for XRP

According to analyst Javon Marks, XRP is maintaining momentum following a decisive breakout and appears poised for a potential bullish surge, with price targets identified at $4.80 and $8.00.

Trader CW highlighted that XRP is testing a significant resistance level, suggesting that a break above it could propel the token toward $2.60. At the same time, market activity is increasing. Ali Martinez noted that over 1.12 million active XRP addresses were recorded last week, indicating heightened on-chain engagement and growing network strength.

Significant Surge in Whale Activity for XRP

As reported by Santiment, the past week has seen an average of 295,000 active XRP addresses daily, a significant jump from the typical 35,000–40,000 range. Notably, for the first time, there are more than 2,700 whale and shark wallets with one million or more XRP, a sign of growing confidence among major investors.
Meanwhile, XRP appears to be staging a recovery, having broken through important resistance zones and maintaining its position above key moving averages.

Could XRP Enter a Parabolic Rally?

Analyst Egrag Crypto has dismissed the notion that XRP’s cycle top was $3.40, suggesting the true peak lies much higher. He anticipates the token could still rise to somewhere between $10 and $27, with any substantial correction likely occurring only after these higher targets are reached.

Although there is yet no confirmation of a breakout, XRP looks poised for a robust recovery. A close above both the descending trendline and key horizontal resistance could pave the way for a retest of the $3.40 all-time high.

Currently, XRP is fluctuating between $2 and $2.65, with noticeable buying interest near $2 and selling pressure around $2.65. If bulls manage to keep prices above the moving averages, a climb toward $2.65 is likely. A decline below $2, however, would cause the momentum to turn bearish and drive the price as low as $1.61.

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