XRP News Today: XRP Rebounds 19% as Bullish Patterns and Whale Activity Signal Potential $4 Move

XRP has seen a significant 19% rebound from its recent low following a sharp rally from $3.0031 to $3.6561 earlier in the period. As of the latest available data, XRP is trading at $2.94, with analysts closely watching the $3.19 level as a potential catalyst for further gains. The price movement reflects a “bullish beauty” rally followed by a correction and consolidation phase, which has now given way to renewed upward momentum [1].

BitGuru highlighted that the pattern observed in XRP’s price trajectory could set the stage for a move toward the $4 level, especially if the resistance levels are successfully breached. Technical indicators show that the cryptocurrency is forming a falling broadening wedge, a chart pattern often associated with bullish breakouts [1].

EGRAG Crypto has outlined multiple price targets based on different scale analyses, with projections ranging from $4.89 to $48.90. A critical resistance zone known as the “Bifrost Bridge” has been a key level for XRP for over 240 days. A weekly close above this level could trigger a significant upward move, according to EGRAG [1].

Meanwhile, whale activity has provided additional support to the bullish outlook. Whale Alert recently tracked a 20 million XRP transfer from Upbit to an unknown wallet, suggesting potential accumulation by large holders. CoinGlass data also shows that over 29.38 million XRP has been moved out of spot exchanges within the past 24 hours, reinforcing the idea of long-term holding behavior [1].

The current market structure also shows that short positions significantly outweigh longs, raising the possibility of a short squeeze. A 10–14% price increase could push XRP toward $3.40 through forced liquidations. If the $3.19 level is breached, the next key target is $3.30, with a move above $3.45 likely to trigger larger upward momentum [1].

Crypto King has noted that XRP has already delivered a 585% return following a breakout in late 2024 and another 70% gain after the July 2025 breakout. He remains optimistic about the long-term potential of the asset and has set a $7 price target [1].

Source: [1] XRP Rebounds 19% From Recent Low as Price Action Builds Toward a Break Above $3.19 (https://cryptofrontnews.com/xrp-rebounds-19-from-recent-low-as-price/)