- Ripple (XRP) is holding near a key support zone after a 4% weekly drop, with rising volume suggesting continued investor interest
- A 27-week consolidation pattern points to a potential bullish breakout rather than a deeper correction
- Regulatory shifts and Trump’s pro-XRP stance are boosting market sentiment and institutional interest
- Ripple’s strategic moves, including a reported deal with Circle and growing DeFi activity, are strengthening the ecosystem
Ripple’s XRP is currently trading near a critical support zone, showing signs of a short-term pullback after reaching a recent local high. Despite the downward pressure, key metrics suggest that XRP could be setting the stage for a significant breakout in the months ahead.
Over the past week, XRP has declined by nearly 4%, slipping from its peak of $2.64 to $2.31 at press time. The token is down 3.29% in the last 24 hours, signaling minor market volatility. However, XRP’s trading volume has surged to $3.91 billion, an increase of nearly 60%, indicating that investor interest remains strong despite current market weakness.
XRP 27-Week Consolidation in Focus
XRP’s price action appears to be aligning with a broader consolidation structure that has been forming for over six months. According to market observers, this structure may be a bullish backtest of previous highs, rather than a sign of deeper correction.
“XRP didn’t rally this far and form a clean 27-week consolidation pattern just to fall back to $0.60,” noted one veteran XRP holder. “If it were going to collapse, it would’ve already happened during last year’s regulatory uncertainty and tariff-related FUD.”
Regulatory Tailwinds Boost Sentiment
One of the biggest drivers behind the growing bullish sentiment is the evolving regulatory landscape in the U.S. Major agencies, including the FDIC, have begun giving green lights to banks and financial institutions to enter the crypto market. For the first time, the environment appears genuinely pro-crypto, bolstered by the surprising endorsement of XRP by former President Donald Trump.
This shift in tone from regulators and policymakers has opened the doors for broader institutional participation, a long-awaited catalyst that many believe could unlock XRP’s full potential.
Ripple Expands Ecosystem with Strategic Moves
Ripple, the company behind XRP, has also been making headlines with a series of aggressive acquisitions and strategic partnerships. One notable development includes a reported deal with Circle, a move that could significantly expand Ripple’s influence in stablecoin infrastructure.
At the same time, the ecosystem is witnessing growth through new innovations such as RLUSD, the rollout of on-chain Automated Market Makers (AMMs), and a surge in Total Value Locked (TVL) across memecoins and DeFi projects tied to XRP’s blockchain.
These developments are creating a strong foundation for sustained growth, reinforcing investor belief that XRP is preparing for a major upward move.
2025 Outlook: $11.34 and Beyond?
Many long-term XRP holders believe that 2025 could be the year everything aligns. While price predictions vary, a conservative estimate being circulated within the community places XRP at $11.34 by the end of 2025, representing a nearly 400% gain from current levels.
“All the puzzle pieces are finally in place,” one community member stated. “XRP didn’t come all this way just to go sideways.”
Despite short-term volatility, XRP is showing signs of strength through rising volume, long-term consolidation, regulatory support, and Ripple’s strategic growth. As the crypto market braces for the next major cycle, XRP remains a top contender for significant upside.
With institutions entering the space, on-chain developments gaining traction, and bullish sentiment rising, XRP’s journey toward double digits might just be getting started.
Read More: Dogecoin (DOGE) Breakout Brewing—Will It Hit $0.306 Soon?