XRP News Today: XRP Poised for 280% Surge to $11 as Bitcoin's Rise Fuels Crypto Market

In a recent video analysis, market commentator CryptoInsightUK predicted that XRP is on the brink of a significant price surge, potentially reaching $11 per token. This prediction is based on a combination of historical fractals, liquidity mapping, and derivatives market data. The analyst believes that the current market conditions mirror those of late 2017, when XRP experienced a similar parabolic expansion.

The analyst noted that Bitcoin had just achieved its highest weekly close in history, and the total crypto-asset market capitalization had also set a new record. This expansionary period is seen as a favorable environment for XRP's growth. Bitcoin is currently in a "deep area of liquidity" on the daily chart, which the analyst compares to the early-November 2024 breakout that preceded a six-day, 31 percent surge. This comparison suggests that a similar window of opportunity could open imminently for XRP.

For XRP, the key inflection point is just above the $3 mark. The analyst observed that XRP is building strong liquidity above $3.10, which could act as fuel for a decisive push. Although XRP briefly touched $3.03 in intraday trading, it has repeatedly stalled just below this resistance level. The analyst compared this behavior to XRP's performance during the 2024 breakout, where it lagged behind Bitcoin initially but then caught up rapidly, moving from roughly $0.70 to $2.70 in nineteen days before extending to $3.30.

The analyst also highlighted derivatives metrics, noting that during the last XRP rally, a flip from negative to positive contract premium coincided with a sharp rise in open interest. This pattern is repeating, with the premium turning green on an increase in open interest. Funding rates remain subdued, indicating that shorts still constitute a meaningful share of outstanding positions. As price pressure builds, these shorts could be "squeezed to the downside," providing aggressive price action to the upside for XRP.

On higher-time-frame charts, the weekly close in the XRP/BTC pair reclaimed levels not seen since early March and printed a "lovely green weekly candle." This propelled the pair through the resistance band tracked by trader CredibleCrypto’s so-called “Gandalf line.” XRP dominance has completed a Wyckoff-style accumulation, suggesting a new up-leg is underway. Technical momentum is corroborated by a bullish cross forming in the XRP/ETH ratio on the weekly relative-strength index.

The analyst acknowledged that timing remains uncertain and that elevated contract premiums can foreshadow long-side liquidation cascades. However, he maintained that the interplay between resurgent spot buying, rising open interest, and building liquidity clouds above $3 creates a self-reinforcing backdrop for a squeeze higher. A breach of the all-time high is seen as a trigger for acceleration toward the $11 objective.

At the time of the analysis, XRP was trading at $2.8671. The analyst's prediction is based on the belief that once Bitcoin finishes its latest impulse leg, XRP will experience a parabolic expansion similar to its performance in late 2017. The combination of historical fractals, liquidity mapping, and derivatives market data supports this optimistic outlook for XRP's future price movement.