XRP News Today: XRP Poised for 14% Surge to $4 as Sell Pressure Weakens

XRP’s market structure is currently indicating signs of an imminent breakout, with sell-side pressure appearing unusually weak. Respected crypto analyst Vincent Van Code has noted that the current state of XRP order books reveals “very weak sellers,” a setup he believes could pave the way for a sharp upward move, potentially to $4.

In a recent post, Van Code explained that the recent dip in XRP’s price wasn’t caused by broad market panic or heavy retail selling. Instead, he attributes the minor pullback to strategic whale sell-offs. These large holders offloaded a portion of their holdings, causing a temporary drop and momentary hesitation among retail buyers. However, this selloff lacked the intensity and follow-through typically associated with long-term bearish reversals.

XRP is currently trading at $3.50, still near its highest levels in years. According to data from multiple exchanges, sell walls above the $3.50 level are notably thin, making it easier for even modest buy pressure to push the price higher. Van Code describes this as a “cooled spring,” suggesting that XRP is storing energy for its next move.

Van Code noted that there isn’t a lot of activity right now. “But what I’m seeing is that just a relatively small volume of buy pressure can push us right up to $4. As per design.”

Technical indicators support this outlook. Bollinger Bands on the daily chart have begun to tighten, a common precursor to volatility. Meanwhile, RSI levels remain neutral, indicating that the asset is neither overbought nor oversold, leaving room for momentum to build in either direction, but with current sentiment skewed toward the upside.

Beyond market structure, XRP’s broader fundamentals remain strong. Ripple, the company closely associated with XRP, continues to expand its cross-border payment infrastructure, especially in emerging markets. This utility-based demand provides a robust foundation beneath XRP’s market value.

Investor confidence also remains high following Ripple’s partial legal victory over the U.S. Securities and Exchange Commission in 2023. With the case now largely resolved and the SEC expected to drop its appeal, one of the biggest overhangs on XRP’s long-term outlook is being lifted.

Van Code believes all the ingredients are in place for a breakout. While he emphasizes that his views are not financial advice, his experience and instincts tell him that XRP’s next move is likely upward. “My gut is telling me the next leg up is to $4,” he said. “And with one or two positive news announcements, it just might happen.”

With minimal resistance ahead and renewed bullish sentiment taking hold, XRP could be on the verge of another explosive rally. Traders and investors will be watching closely, because if buy-side momentum returns, the path to $4 may unfold rapidly.