XRP Primed for 70% Surge Following Launch of Futures on Coinbase
Slangin' it with XRP
Everybody's fave XRP is showing some bullish moves on the chart, and with Coinbase's massive futures rollout just around the corner, a comeback ain't off the table. Crypto heads are predicting a massive price spike of around 70% if the current market vibes prevail.
Right now, XRP is trading at $2.12, which is almost a 40% dip from its recent multi-year high of $3.40 a few months back. Yet most analysts still see XRP as a solid bet, thanks to it hanging tough above key technical support levels.
So, why all the love? Let's dive into what's going down.
The main positive buzz is all thanks to the resolution of its legal squabble with the SEC, making it a hit with investors and analysts alike. But the real reason for the optimism is the upcoming listing of XRP futures contracts on the Coinbase Derivatives exchange. This baby's about to drop today, with the US Commodity Futures Trading Commission (CFTC) giving it the green light.
Institutional investors tend to find futures listings irresistible, and the added liquidity will send XRP prices soaring.
Technical analysts got their eyes on XRP creating a Wyckoff reaccumulation pattern, which usually signals an impending price explosive.
This situation shows that big ballers, or "smart money," are buying up during this quiet phase. Lately, XRP has shown signs of a "Spring" and "Test" phase, suggesting the sellers are losing ground.
XRP is battling to break through an essential trendline called the "Creek." If it succeeds, this move, known as a "Jump Across The Creek" (JATC), could catapult XRP into the next bullish wave and potentially to $3.55, which would be a 70% increase in the near future.
If XRP can clear the $3.55 hurdle, a Fibonacci retracement suggests the next target would be about $5.65 in June. That'd be a significant jump from recent lows and could indicate an uptrend for the long-haul.
Another bullish indicator is a falling wedge pattern spotted by chartist Jobcfx. This trend has been brewing since February 2025. If XRP breaks free from the $2.20-$2.40 zone, it'll soar above $4.00, hitting the Wyckoff breakout target.
Interestingly, Bitcoin (BTC) is also vibin' with a similar falling wedge pattern. If Bitcoin breaks out first, it could drag the whole altcoin game, including XRP, along for the wild ride, providing even more juicy momentum.
Even after the recent plunge, XRP got a ton of bullish signs both technically and fundamentally. With the Coinbase futures release, chart breakouts on the horizon, and the positive Bitcoin trend, XRP's ready to have one heck of a bounceback in no time.
Wanna know more about what's going down with BTC, ETH, and XRP? Check out: Is Pi next in line for a sweet, sweet ETF?
Insights:- XRP's bullish outlook is due to a mix of technical formations, institutional interest, and overall market sentiment- Technical Breakout Patterns - Inverse Head and Shoulders Formation: If XRP clears the $2.20-$2.72 resistance zone, it could lead to a 25% price jump[2][4] - Corrective Phase Completion: The token's rebound from $1.64 to $2.19 suggests a resuming bullish cycle[3][5] - Higher Timeframe Momentum: XRP's 40% bounce from recent lows indicates strong resilience above $2.00, setting it up for a run toward its historic high[4][5]- Market Catalysts - Institutional Demand: The steady adoption by large players positions XRP favorably ahead of the futures expansion[2] - Price Targets - Short-term: $2.30-$2.45 (April 2025) to $3.00-$5.00 (Q2 2025)[1][5] - Long-term: $5-$10 by late 2025, contingent on continued bullish market structure[3][4]
Analysts agree that XRP's recent 51% correction felt good, not bearish, with on-chain metrics and tech signs coinciding for a big breakout[1][3][5]. A 70% surge from its current price ($2.19) would hit XRP near $3.72 which would be well within reach if the bullish hype intensifies post-futures launch.
- The upcoming listing of XRP futures contracts on Coinbase Derivatives exchange, coupled with the resolution of its legal dispute with the SEC, is generating a wave of positivity among investors and analysts.
- Institutional investors are showing increasing interest in XRP, particularly with the introduction of XRP futures, which could lead to a price surge for the cryptocurrency.
- XRP is currently trading at $2.19, but if the bullish market sentiment prevails, it could experience a potential 70% price rise, reaching near $3.72.
- Technically, XRP is showing signs of a Wyckoff reaccumulation pattern and a falling wedge pattern, both of which indicate an impending price explosion.
- Interestingly, Bitcoin (BTC) is also exhibiting a similar falling wedge pattern. If Bitcoin breaks out first, it could potentially provoke a bullish trend in XRP, adding to its already bullish outlook.
