News View Non-AMP

XRP Price To Hit ATH This Week : Here’s Why

Published by
Qadir AK

XRP is gearing up for what could be its biggest rally in years. Following months of consolidation and growing institutional backing, the digital asset is showing signs of a major breakout.

Adding to the bullish momentum, on-chain data reveals a major whale has just made a bold move. On May 11th, the address 0x175e7023e8dc93d0c044852685ac33e856b577b4 deposited $5.84 million in USDC into HyperLiquid to open a 2x leveraged long position on XRP. 

Notably, this same whale previously longed ETH with 2x leverage and currently holds over $10 million in floating profits, adding weight to the market confidence surrounding XRP.

When Will XRP Price Hit ATH?

Crypto analyst Lark Davis recently pointed out that XRP is forming a bullish triangle pattern, with an upside breakout target of $4.40. This projection aligns with Fibonacci levels drawn between the January high and April low — a confluence fueling bullish sentiment.

Michaël van de Poppe noted that XRP has already surged 50% since bouncing off a key support level at $1.75, which he identified as a strong entry zone. 

“When things go vertical, that’s when you zoom out and enter higher timeframes,” Poppe advised, adding that XRP will likely retest its all-time highs (ATHs) soon.

XRP Price Forecast 2025

Analyst Cobb, a long-term XRP holder since 2017, believes the stars are finally aligning. “XRP didn’t build a 27-week consolidation structure just to fall back to $0.60,” he said, dismissing tariff-related FUD. He highlights that 2025 could be XRP’s breakout year, especially with a pro-crypto Trump administration, regulatory clarity from the FDIC, and Ripple’s aggressive acquisitions, including a potential partnership with Circle.

Cobb’s bare minimum target is $11.34 by year-end, with expectations of even higher prices. With RLUSD, on-chain AMMs, meme coin TVL growth, and real-world integrations gaining steam, the XRP ecosystem looks poised for a parabolic rise.

FAQs

Why is XRP price going up today?

A whale opened a $5.84M leveraged long on XRP, boosting confidence and triggering bullish momentum.

Is XRP a good investment right now?

Analysts cite bullish setups and whale activity as strong signals, suggesting XRP may be positioned for major upside.

Will XRP reach its all-time high soon?

Analysts expect XRP to test its all-time high soon, with key support at $1.75 and a bullish triangle pattern signaling strong upside potential.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

Live Coin Watch Alert: Bitcoin Solaris’s 21M Fixed Supply Creates Your Second Chance at Bitcoin’s Growth Path

When Bitcoin first emerged, its fixed 21 million supply was mocked. Today, that scarcity has…

June 2, 2025

Singapore Cracks Down on Unlicensed Crypto Firms with Strict New Rules

Singapore’s financial authority announces that unlicensed crypto firms operating overseas after June 30 will be…

June 2, 2025

Can U.S. Buy More Bitcoin? Here’s What David Sacks Revealed

On May 27, 2025, US President’s crypto czar, David Sacks, says there is a pathway…

June 2, 2025

After Monero Surge, Wall Street Ponke Gains Momentum, maybe Under $1?

Hackers used Monero to move stolen Bitcoin, pushing XMR up 24 percent to $269. But…

June 2, 2025

Pakistan Allocates 2,000MW for Bitcoin Mining and AI: A Digital Revolution

Pakistan has allocated 2,000 megawatts (MW) of electricity to fuel Bitcoin mining and artificial intelligence…

June 2, 2025

Pi Network Price Crashes 60% – Will It Drop to $0.40 Next?

The crypto space has taken a slide downwards with intensifying bearish pressure, as investor sentiment…

June 2, 2025