XRP is showing promising signs of a potential price surge as both technical indicators and fundamental developments align to support a bullish outlook. The cryptocurrency recently bounced off a critical support level, sparking optimism around a possible 35% rally in the coming months.
Analysts point to XRP’s recovery at the lower boundary of an ascending triangle pattern on its price chart, a formation that has historically preceded sharp upward moves. Notably, in early 2025, similar rebounds from this trendline triggered gains in the range of 70-80%. As of the latest sessions, XRP rose over 8% after testing this support zone, which also coincides with the 50-week exponential moving average (EMA) at approximately $2.33.
If the pattern holds, XRP may advance towards the triangle’s upper trendline near $3.45, representing about a 35% increase from current levels. However, a shift below the lower trendline could see the token decline toward the June lows at roughly $1.65, signaling a potential 25% drop.
Fundamental Momentum from Ripple’s Institutional Initiatives
Adding weight to XRP’s technical case, Ripple has recently bolstered its institutional strategy. The firm finalized its acquisition of Hidden Road and rebranded the platform as Ripple Prime. This move marks Ripple’s entry as the first crypto company to offer a global, multi-asset prime brokerage service aimed at onboarding institutional clients.
Ripple emphasized that its comprehensive digital asset infrastructure—encompassing payments, crypto custody, and stablecoins—integrates XRP as a central component of Ripple Prime’s service offerings. CEO Brad Garlinghouse described the acquisition as a significant step toward realizing the company’s vision of an “Internet of Value,” with XRP positioned at the core of Ripple’s ecosystem.
The positive sentiment is reflected by industry observers who highlight Ripple’s substantial XRP reserves. Since the company benefits directly from an increased token valuation, it maintains a vested interest in supporting XRP’s market growth.
Additionally, Ripple disclosed plans to purchase $1 billion worth of XRP tokens to establish a new treasury on the Nasdaq exchange, to be traded under the ticker “XRPN.” Market participants, including trader Zeiierman Trading, have noted that Ripple Prime’s launch places XRP in a favorable position amid expanding institutional adoption, raising expectations for the cryptocurrency to surpass the $3 threshold.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrency trading involves risk, and individuals should perform their own research before making any financial decisions.
