XRP Breakout Rally: Is Ripple (XRP-USD) Poised for a Run Toward $6, $10, or Even $15?

XRP (XRP-USD) Eyes $6–$15 Range Amid ETF Surge, Whale Buying, and Triangle Breakout

Whale Wallets Lock Half the Float as XRP Overtakes Ethereum in Momentum Metrics

XRP (XRP-USD) has returned to center stage in crypto markets after reasserting itself as the third-largest digital asset by market cap, hitting a recent high of $2.98 with a weekly gain of 25.8% and trading volume surging past $5.88 billion. The dramatic rally is not merely technical—it’s being driven by massive whale accumulation, ETF catalysts, legal clarity, and long-awaited resolution of a six-year macro triangle.

Santiment reports 2,743 wallets now hold more than 1 million XRP, aggregating control over 47.32 billion tokens, nearly 50% of total supply. The accumulation is deliberate: whales timed their buys during the breakout above $2.80, liquidating over $31 million in shorts. The market structure reflects what was seen during Bitcoin’s 2017 and 2021 super cycles—a massive supply squeeze from deep-pocketed players who aren’t selling.

XRP ETF Frenzy Ignites Institutional FOMO: ProShares Launch and SEC Approval Odds Rise

The real ignition point came with ProShares' XRP futures ETF set to launch on July 18, marking the first regulated XRP derivatives instrument available to U.S. institutions. It doesn’t stop there. Eleven major asset managers—including 21Shares, Franklin Templeton, Grayscale, and Bitwise—have lined up with ETF filings. According to Polymarket, there's now an 88% probability of a spot XRP ETF approval by December 2025, a timeline even more aggressive than Ethereum’s.

This ETF wave—combined with speculation the SEC may withdraw its Ripple appeal—places XRP in a category distinct from meme coins and alt-L1s. Institutional money is betting on Ripple not as a speculative coin, but as a regulated payment rail with real throughput and low gas fees.

XRP (XRP-USD) Clears Multi-Year Triangle With Textbook Breakout Volume

The technical breakout is no fluke. XRP has been trapped inside a symmetrical triangle since peaking at $3.84 in 2018. That pattern has now completed with explosive volume and confirmation from Fibonacci extension levels.

• 1.272 extension targets: $5.96 (+110%)

• 1.414 extension: $8.99 (+210%)

• 1.618 extension: $16.18 (+470%)

• 1.786 extension (extreme case): $26.35 (+820%)

The 200-day EMA, reclaimed around $1.05, now serves as hard structural support. The current uptrend is trading well above all key moving averages, including the EMA10 at $2.53, SMA10 at $2.45, and long-term EMA200 at $2.14—underscoring the strength of this bullish leg.

$2.85 Resistance Defines Immediate Battle; $3.20 Target Hinges on Volume Break

From a shorter-term perspective, XRP faces tough resistance at the $2.85–$3.00 band. A successful breach here opens the door to $3.20–$3.30 in the coming weeks. On the 4-hour chart, XRP has carved out a bullish pennant, resting above $2.75, with decreasing volume that typically precedes upward continuation. If volume returns on a breakout candle above $2.85, a vertical move could be triggered.

Momentum oscillators are stretched: RSI (14) at 80.99 reflects overbought conditions, CCI at 203.94 flashes a near-term sell, while the MACD and Awesome Oscillator both continue to point bullish. The ADX at 28.18 shows a trend gaining strength but not yet overheated.

Traders should watch for downside support at $2.60 and $2.50–$2.55 zones. These areas align with prior breakout levels and Fibonacci retracements, offering potential reentry zones for bulls.

Elliott Wave Structure Suggests XRP Is Entering a Terminal Wave 5 Breakout

XRP’s long-term Elliott Wave count reveals a multi-year consolidation completing in wave (4), with the current move identified as the explosive wave (3) of wave (5). According to the analyst structure, this move is just getting started. Wave (3) often represents the steepest leg of an impulsive breakout.

Price action has already confirmed the breakout from the pennant near $2.50, and the RSI bullish divergence confirms weakening sell pressure just before the breakout. A rally to $5.70–$6.00 would complete the third wave of the final leg, with the full wave structure potentially aiming at $15–$26 by the end of the bull cycle.

Macro Tailwinds and Utility Narrative Fuel Retail and Institutional Demand

The bullish structure is further strengthened by growing real-world utility. Ripple is being increasingly adopted for cross-border transactions, with integrations into low-fee fiat bridges and PayFi applications. DeFi competitors like Remittix (RTX) mirror Ripple’s use case, but XRP still dominates actual liquidity and exchange integration.

Ripple’s legal victory in 2023, the accelerating ETF pipeline, and whale dominance position XRP uniquely among altcoins. While projects like Remittix aim to rival XRP with fresh mechanics, XRP already enjoys regulatory clarity, liquidity depth, and market maker infrastructure unmatched by smaller caps.

XRP (XRP-USD) Rating: STRONG BUY — Targeting $6.00–$15.00 With +110% to +420% Upside

Based on a current trading price of $2.86, XRP presents +110% upside to the $5.96 Fibonacci target, and as high as +420% upside toward $15, as outlined by multiple extension models and technical formations. Volume confirmation, ETF catalysts, and continued whale accumulation all support further upside.

Oscillators warn of near-term froth, but structural indicators, Elliott Wave theory, macro triangle breakout, and institutional flows all paint a clear bullish trajectory.

Verdict: BUY XRP-USD — Strong upside toward $6–$15 with firm support above $2.60. If XRP breaks $3.20 with volume, the next parabolic leg could be underway.

That's TradingNEWS