The post XRP Price Prediction: XRP Eyes $5 Rally Amid Growing Analyst Focus on Ripple vs. SEC Lawsuit Impact appeared on BitcoinEthereumNews.com.

XRP is regaining investor attention, with analysts forecasting a potential rally toward $5 following the token’s recent bullish hold above key support levels. This bullish outlook comes as the long-standing XRP lawsuit with the SEC nears its final chapter, coupled with a notable accumulation of tokens by whales and rising investor confidence in the Ripple crypto ecosystem. XRP Price Builds Momentum Amid Legal Clarity and Whale Accumulation According to Santiment data, large XRP holders — wallets containing between 10 million and 100 million tokens — collectively acquired 200 million XRP over the past week. This surge in accumulation signals that institutional players may be anticipating a breakout. Adding to this optimism, a recent survey revealed that 23% of U.S. crypto investors now hold XRP, positioning it as one of the most widely recognized altcoins in the country. The XRP price was holding the $2.20 support at press time. Source: Source: XRP Liquid Index (XRPLX) via Brave New Coin “Despite the legal hurdles, XRP remains a top choice among U.S. investors,” the National Cryptocurrency Association noted. XRP now ranks as the sixth most popular cryptocurrency in the U.S., with 67% awareness among traders. Technical Setup Suggests XRP Price Could Hit $3.87 Soon From a technical perspective, XRP’s structure on both daily and hourly charts indicates that the asset is coiling for a breakout. Currently trading around $2.22, the token has reclaimed key moving averages, including the 20-day, 50-day, and 100-day SMAs, which analysts interpret as signs that bullish momentum is building. XRP may be entering a breakout cycle, with a $3.87 target in sight as it nears price discovery. Source: @VipRoseTr via X Prominent analyst VipRoseTr noted that XRP is approaching the end of a descending trendline, with higher highs suggesting that a breakout to $3.87 could be imminent. “This is…

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Filed under: News - @ May 3, 2025 6:22 pm