XRP's recent price surge may be just the beginning, according to pseudonymous crypto trader DonAlt. The Ripple-linked token has broken free from the bottom of a long-standing price range, gaining nearly 20% since late April. DonAlt, who accurately predicted XRP’s Q4 2024 rally, believes the token still holds major upside potential.
Currently trading at $2.59 after a 10% daily jump, XRP is approaching a key resistance level at $2.75. If the token breaks above this range high, DonAlt says a much stronger rally could follow. He recently described XRP as one of the most technically compelling altcoins on the market.
This bullish sentiment is supported by on-chain activity. A whale trader on decentralized exchange HyperLiquid recently went long on XRP after scoring big profits with Ethereum. Whale movements like this often signal growing confidence from experienced investors.
XRP has also regained its position among the top three cryptocurrencies by market cap, sparking renewed investor interest. Market watchers are eyeing the $3.00 mark as the next psychological milestone, which could trigger further momentum if breached.
With strong technical patterns, bullish analyst sentiment, and whale accumulation, XRP appears poised for more upside. Investors are closely watching whether it can sustain its breakout and continue its climb in the coming weeks. As DonAlt suggests, the real XRP surge might not have even started yet.
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